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Eric Trump demonstrates in 30 seconds he doesn’t have a clue how tariffs work
(www.independent.co.uk)
this post was submitted on 26 Nov 2024
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politics
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Shameless question. At this point I approach this entire presidency as a cash/power grab by the incumbent administration.
So from an investment perspective how would pleb like me, with my Roth and 401k, game these tariffs? Local industry might get a boost, but for the most part we (the USA) still won’t produce a lot of the goods being tariffed. So, do you just bet high on commodities and U.S reseller/retailers as the big winners 12 months into the administration? Asking for a friend that’s totally not me trying to make the best out of a potentially disastrous 4 years. Thank you,