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REDDIT

It doesn't matter if all tariffs are cut to zero

K
Apr 13, 2025 · 18:59

Sure, the market will moon for a day. But the international boycotts of American products have already begun. C-suite execs won't suddenly restart CAPEX spending plans based upon the assurance of a social media post rescinding tariffs. Trading partners might just keep their own retaliatory tariffs in place for leverage in future negotiations, sensing the weakness inherent in rolling back our tariffs to zero. USD/CHF is back to its 2011 low as foreigners seek a safer currency.