Yuuuuup...might just put their market into.....🤔 Freefall?

The root problem they are trying to fix is real (systemic trade imbalances) but the way they are trying to fix it is terrible and won't work.

1. Only a universally applied tariff would work in theory but would require other countries not to retaliate (there will 100% be retaliation).

2. It doesn't really solve the root cause, capital inflows into the USA rather than purchasing US goods and services.

3. Trump wants to maintain being the reserve currency which is a big part of the problem (the strength of currency may not align with domestic conditions, i.e. high when it needs to be low).