Tarffis are the new battleground

President Trump seems to believe that he can raise $6 trillion from tariffs, his stated objective is to cut income tax for his constituency -- wealthy Americans. There is also a move to cut social security Medicaide and medicare, three of the four most expensive programs for the Federal Government --- with defence, they represent 80% of the federal budget.

Tuesday, the American government introduced lots of new tariffs; there is absolutely no way of knowing how this will work out. What the government will do and what others will do.

No one ever believed that Trump would do it, but he is, expect a massive increase in US domestic inflation over the next two years until all these tariffs are worked out.

It will not be a bed of roses around here either.

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