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Open original source ↗If negotiations lead to lower global tariffs and lower non-tariff trade barriers, investors shorting the equity market now will be caught flat footed or worse. A global “tax cut” would be a very good thing.
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Trusting President Trump will get this call right, Art Laffer just published an important article on the destructive impact of tariffs. The historical perspective—back to the 1920s—and the logic are the best I have seen. Let us know what you think. https://t.co/JQUvhcZ5ez
CathieDWood ↗