What is Trump Thinking? Why New Tariffs May Lead to Recession

Mark gives his thoughts on Trump’s recent tariffs including why it’s both a confusing and a poor choice for the U.S. He shares the economic problems with what Trump has announced and predicts what will happen next. KEY TAKEAWAYS • Trump has announced tariffs on China and over 70 other allies, which makes little economic sense. • The U.S are consumers rather than savers which is the core problem with these tariff announcements. • The tariffs may reduce imports but they are also likely to reduce economic growth. BEST MOMENTS "The markets have been up and down like a whores drawers” “The U.S does have a big current account deficit” “There is a 60% chance of a U.S recession after this” VALUABLE RESOURCES https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/ ABOUT THE HOST Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties. CONTACT METHOD Email: Markhomer@progressiveproperty.co.uk LinkedIn: https://www.linkedin.com/in/markhomer1 Facebook: https://www.facebook.com/markprogressive Twitter: https://twitter.com/markprogressive

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