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Non-Tech : Kirk's Market Thoughts
COHR 197.65+2.5%Dec 10 3:59 PM EST

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To: Kirk © who wrote (24754)6/12/2025 11:13:24 AM
From: robert b furman1 Recommendation  Read Replies (2) of 26758
 
HI kirk,

I'll take the other side of that with Breeze,

First off reciprocal tariffs when doen fairly with all of the countries, will end up reducing tariffs on an overall basis .

The countries who defend their protective tariffs, will end up being replaced by the countries with lower tariffs.

Of course that will take time.

In between there are studies out there that suggest the introduction of tariffs result more in currency fluctuations thatnit does in price inflation.

The country imposing the tariff has currency appreciation.

Now in the case of the USA currency, perhaps our heavy debt will result in the Dollar's more of less buoyancy?

The country paying the tariff has currency depreciation.

As the tariffs work through the currency shifts, the vast majority of the tariff's impact is absorbed.

Bob
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