Not Investment Advice 201: Tariff War (Canada, Mexico, China), Shein & Temu, & ETH Drop
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Feb 5, 2025 Dive into the complexities of the tariff war involving Canada, Mexico, and China, and how it affects budget-friendly brands like Shein and Temu. Discover how these tariffs intertwine with deeper ethical dilemmas and economic policies. Enjoy humorous banter about trade memes and witness a shift in U.S. foreign policy amid modern challenges. Plus, explore the fluctuating world of Ethereum and digital assets, revealing insights into the market's future amidst current volatility.
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Eric Trump's Tweet
- Eric Trump tweeted "In my opinion, it's a great time to something ETH. Add ETH. Thank me later."
- He edited it shortly after, removing the last sentence, seemingly backtracking.
Brian Johnson Meme
- Ramp joked that Brian Johnson's nighttime erection lasted longer than the trade war with Mexico.
- Johnson confirmed the meme's accuracy.
Tariffs: Double-Edged Sword
- Tariffs are generally bad for consumers as they raise prices.
- However, they can be useful for developing nations by encouraging domestic production (import substitution).