Using Henry George’s Philosophies to Solve Today’s Economic Issues
The trade war created uncertainty that increased Ford stock’s short-term volatility and created temporary losses following major trade war events. The tariffs also elevated production costs and reduced earnings for Ford and other U.S. companies as well as pushed Ford to change product rollouts, layoff workers, and adjust production plans.
In the global economic landscape the trade war generated and amplified concerns of slowing growth amid other disruptive events such as Brexit, increased interest rates by the Federal Reserve, and doubts that the bull market would last much longer. The controversial trade war was implemented as a way to advance the Trump administration’s “America First” agenda, but the conflict benefited only a small portion of America, while raising prices for nearly all consumers and depressing economic outlooks.
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