President Trump has promised this from the beginning. We’ve had bad trade deals with other countries for decades now.

But is slapping on tariffs the way to fix this situation?

In today’s video, I answer that question, drawing from past experiences to get to the real impact that trade tariffs have on an economy.

You can watch it now:

Of course, in the usual fashion, markets can’t seem to make up their minds how they feel about this…

When news first broke about Trumps proposed 25% tariffs on steel and aluminum imports, markets fell out of bed.

Then, when Steve Mnuchin suggested that perhaps the U.S. could work with Canada and Mexico to improve the NAFTA agreement without such tariffs, markets rallied.

And on Wednesday, on news the Gary Cohn had resigned, markets bounced between being in the red and in the green, uncertain where to settle.

It’s anyone’s guess what the markets will do next, but I can tell you that these latest tariff proposals are only the beginning.

As I talked about in my latest best seller, Zero Hour, there’s something much bigger going on here. If you haven’t already done so, read this book now.

And watch my latest video to hear what I expect to happen next.


Follow Me on Twitter @harrydentjr

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Harry Dent
Harry studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of the profession that he turned his back on it. Instead, he threw himself into the burgeoning New Science of Finance, which married economic research and market research and encompassed identifying and studying demographic trends, business cycles, consumers’ purchasing power and many, many other trends that empowered him to forecast economic and market changes.