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To: DoodleBob

This is a nose-face reaction. While it affects companies in the US that import goods, it likewise affects those companies that export products to the US. China has about 20% of its GDP based on exports. Other countries: Germany 43%, South Korea 38%, Canada 26%. Luxembourg, Hong Kong, and Singapore actually have percentages where they exceed 100%. (They can exceed 100% because GDP measures value added domestically, not trade volume.) By comparison, US imports account for about 15% of GDP.


18 posted on 08/30/2025 7:39:55 AM PDT by econjack
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To: econjack
I also think the spike in US food prices , which is still in the pricepoint marketing phase, going up and up until it can't no more, because foriegn investors now own most of the food supply chain, as well as large food processing. They are also trying to get control of the electrical grid.

Allowing foreign entities to invest in essential commodities is a huge mistake

, the working class lower income are the ones who will suffer the most through this foreign takeover of the food supply chain.

Trump is the first president in history to try and save the sinking USship, the Clintons/Obama really did a lot of irreversible damage to the US economy in exchange for personal wealth.

26 posted on 08/30/2025 7:59:27 AM PDT by KTM rider
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