Originally posted by @mott-the-hoople
America is coming back...#MAGA
The world economy is interesting.
Trump announces tariffs which will raise the price of steel in the US.
An Indian company buys out a US company to take advantage of that increase in prices in the US market.
Granted, this will provide some US jobs,at JSW but what impact will the price increases have on other US consumers and companies? And presumably JSW wouldn't do this if it didn't think it would increase its corporate profits accordingly, so isn't this in net a redistribution of income from American consumers to Indian stockholders?