Trump placing 25% tariffs on products from America’s two biggest trading partners, Canada and Mexico, and they are both set to retaliate immediately with huge tariffs of their own, on goods they import for the US as well as energy and minerals they export to us.

Similar response is expected from former close allies in Europe. Our adversary China who is our third biggest trading partner is also set to engage us in a massive trade war as well. Inflation is about to get a lot worse in all nations involved, and the stock market is going to take a big dive, so watch those 401ks folks.

The WSJ called this the most idiotic trade war in history.