The wonders of not having a known moron at the controls. Or at least hovering over them menacingly, in the case of the interest rate.
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He had me until his commentary about the "wisdom" of investing in AI.
It’s a growth driver. They don’t care if it actually amounts to something as long as it causes high tech data center and startup investments. The same as housing - they don’t care as long as housing is driving jobs and material sales. If the prices of houses instantly halve, suddenly everyone will be in favor of building more houses, to keep economic growth the same.
I think it's easier to ship resources elsewhere than find traded partners while trying to strong arm everyone at the same time, and while trying to deport large segments of your workforce.