US leading indicator declines sharply in March amid tariffs

[dutch777]

1. Yep, no one wants to buy American or visit. That can easily be 5% off GDP. US markets today already down 2.5%+.

When you buy an existing business, one of the things that gets valued into the price is called good will. It cannot be precisely measured in many businesses/brands but it is the value of the good name and history of the enterprise and negotiating business brokers call it out as stand alone dollar value in many deals. Trump has managed to take the value of US good will and drive it from quite high to ZERO in record time. Assuming we ever return to sanity, even good future administrations will take decades to rebuild it, if it is even possible.