Trade wars create winners and losers, at home and abroad. American consumers lose, as the prices are hiked while capital and labor are misallocated. This makes everyone, over time, poorer--even the tier two real estate developer.
All tagged tariffs
Tariff Destruction Wrapped in the Flag
Actual free trade would be a brash approach, not going full blown Smoot-Hawley. But don’t try to convince the guys on the Banner shop floor of any economics 101 mumbo-jumbo .
Trump's Tariffs, Fannie's Funding: How High can Rents Climb?
Toby Bozzuto says "That being said, it is a tale of two cities. In the middle income and the lower income markets, people are spending proportionally more on their rent — so much so I believe there's an acute crisis headed our way."