Quote:
Originally Posted by thelogo
No, they're not.
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It's too early to tell how things will pan out but they have already flinched. Remember how they threatened the US with massive reciprocal tariffs? Instead we are reading they are
lowering tariffs. No economist predicted that (mostly because it didn't fir their narrative.) How can that be? Tariffs on steel and aluminum was supposed to make us pay $10 for a can of Coke. Aluminum closed at 0.94 cent/lb today. It was $1.20 in April. They are being pressed around the world. Their refiners are under pressure to stop buying Iranian oil. They have obliged despite Iran being their top client. I can go on.
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