Growing up in the financial industry I have spent most of my financial life telling people “no” or saying, “you can’t.” When you are a new financial advisor you are taught to help set people up for retirement, and this almost always involved savings and planning and, in some cases, “doing without” right now. This
So, many of you have been hearing these terms thrown around on the news a lot lately but could be unfamiliar with what they are/mean. Let’s dive in, shall we? Tariffs usually come about when we have a trade deficit or to balance perceived unfairness in trade relations. Trade deficits relate to imports and exports.