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Strictly in terms of the trade war, the question is whether tariffs are ultimately inflationary or not.
Tesla short sellers are renewing their revolt against Tesla after a recent capital raise initially sent the stock rallying.
This may be another example where the president likes to 'blow things up' at the 11th hour, primarily so he can personally ride to the rescue and negotiate "even better" terms.
"We look not only at our baseline but we also look at alternative simulations both better and worse and we ask ourselves what the appropriate policy response would be."