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KentuckyWoman

(7,164 posts)
3. Financial / insurance sector too.
Fri May 23, 2025, 07:17 PM
May 23

It isn't just physical commodities.

Someone in my family works for a US based global payments processor for retail and wholesale merchants. They started adding sales and support staff to teams outside the US for payments that never touch US markets right after the election. They guessed what was coming.

Another family member works for a company that insures insurers and banks, mostly involved in manufacturing, mining and shipping. They did the same, shifting focus to operations outside the US.

Having big money investing elsewhere instead of here is not a good sign for the US... but this was expected. We learned all this the last time they tried tariffs 100 yrs ago.

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