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.

Harry

Follow Me on Twitter @harrydentjr

The Truth Exposed: The Future of the Markets & Your Wealth

During this ground-breaking FREE presentation, controversial economist and bestselling author Harry Dent will deliver the hard truth about our economy that you'll never hear in the mainstream media... Read More>>
Harry Dent
Harry S. Dent Jr. studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes. Since then, he’s spoken to executives, financial advisors and investors around the world. He’s appeared on “Good Morning America,” PBS, CNBC and CNN/Fox News. He’s been featured in Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, U.S. News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business’s “America’s Nightly Scorecard.” In his latest book, Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage, Harry Dent reveals why the greatest social, economic, and political upheaval since the American Revolution is on our doorstep. Discover how its combined effects could cause stocks to crash as much as 80% beginning just weeks from now…crippling your wealth now and for the rest of your life. Harry arms you with the tools you need to financially prepare and survive as the world we know is turned upside down! Today, he uses the research he developed from years of hands-on business experience to offer readers a positive, easy-to-understand view of the economic future by heading up Dent Research, in his flagship newsletter, Boom & Bust.