WEALTHSTEADING Podcast investing retirement money stock market & wealth Economic War … battle of the TARIFFS 250420
Apr 20, 2025
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Tariffs Signal Larger Economic War
- The current market is driven mainly by tariff news from the White House, ignoring traditional analysis.
- This tariff skirmish is part of a larger economic war, not just a trade or tariff war.
Shift to Strategic Competition
- US national security policy shifted from strategic trade to strategic competition around 2018.
- This change reflects no longer sacrificing US economy to promote world peace but prioritizing national security.
Supply Chains Crucial to Defense
- US losing control of critical supply chains endangers national defense and military readiness.
- Economic policies aim to secure strategic manufacturing like steel, aluminum, and semiconductors vital for security.