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No-one’s seeing the impact yet (except for those who pay day-to-day attention to the markets, but that’s not a huge number of people), because nothing has actually happened yet. The tariffs go into effect on the 9th, and China’s retaliatory tariffs go into effect towards the end of the month; the EU’s retaliation will probably start hitting in May. Over the next month, it is likely that Americans will see prices go up dramatically, and significant job loss is likely. Considering how upset Americans got over expensive eggs, you’ve got to assume every congressperson is about to drown under a sea of angry calls and letters from constituents.

That might actually produce a veto-proof majority for undoing this, quite quickly.



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