Not sure how relevant this is to buy European.

But with that said, every gov’t should. 3% is not going to deter tourism, and gov’t need that money for public service like law enforcement.

This sounds a lot like Miami.

Germany got fascism out of the economic collapse.

Tariff is a consumption tax. The poorest spends most of their income on consumption like groceries, clothing, car parts, etc. The price of all of that is going up.

Next stockmarket wipeout reduces wealth of middle class the most, who in turn reduces spending on services that employee working class people.

Poorest always gets hit the hardest in any negative economic event because they are poor.

Part of it was a massive influx of gold and copper imported in Q1.