Morning Wire
Trump vs. Inflation: Can He Fix the US Economy? | 12.14.24
E.J. Antoni
In other words, just because a Chinese company is writing the check to the treasury doesn't mean that they're ultimately the ones bearing the cost. Now, in this case, they were. Again, it was about 81 cents on the dollar that they actually had to pay. But that's just one example of what would happen if we continue this policy.
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