4 ms·
U.S. tariff strategy: 1. Impose tariffs on countries that collectively purchase ~40% of U.S. goods exports 2. ??? 3. Profit
by -1 2y ago
U.S. tariff strategy:
1. Impose tariffs on countries that collectively purchase ~40% of U.S. goods exports
2. ???
3. Profit
- refurb 2y agoIt will be like Trump’s first term. 1. Tariffs 2. Negotiation 3. Better trade agreements People are acting like this didn’t happened in his first term.
- Zanfa 2y agoDuring his first term there were at least a few adults left in the room. This time around, all bets are off.
- yongjik 2y agoBack in 2016, "I will miss Pence as one of the few adults in the room" was definitely not in my bingo card. What a timeline we're in.
- Zanfa 2y agoNever thought that McCain or Romney would seem as amazing alternatives compared to where we ended up either. Russian propaganda brainrot really did a number on the American populace over the last decade.
- munk-a 2y agoIt was less Pence and more the old guard career folks like Tillerson - but now Trump just exists in an echo chamber.
- pm90 2y agoThere are no concrete asks from the US. The president appears to vehemently believe that tariffs will “generate revenue”. There is also the unhinged proposition to absorb Canada as the 51st state.
- hedora 2y agoAlso, siding with Russia in their apparent plan to invade Europe, and trying to annex Greenland. Why should they continue to trade with us?
- DamnYuppie 2y ago[flagged]
- pm90 2y agoAlmost everything you have said is wrong. Its quite remarkable to hear accusations of being ill informed or living in an information bubble from someone who is clearly suffering from both.
- aredox 2y ago>The tariffs on Mexico/Canada are to get them to step up and stop the flow of drugs and illegal immigrants into our country. They did take action. Trump slapped them anyway, without Trump asking anything more. >He has said this nearly every time he has talked about the tariffs. Will it generate some revenue sure but probably not much. Trump has literaly said that it would bring in so much revenue that he will dismantle the IRS and replace it with the ERS. >This is all about does American and its people have the resolve to play hardball. Why would anyone trust Trump to abide by any agreement? He's a liar and a backstabber. The rest of the world can act as if the US was razed to the ground.
- jerrygenser 2y ago> They have $57T in debt, look at that number, it is 3x their GDP. Where are you getting this $57T number from? Most sources put it closer to $2.5-$3T max https://english.www.gov.cn/archive/statistics/202312/29/content_WS658eb709c6d0868f4e8e29bf.html https://english.www.gov.cn/archive/statistics/202312/29/cont...
- -1 2y agoI hope you’re right. But even if that were the case, and trade agreements were better on paper, the net effect on the U.S. after all is said and done (damaged relationships, seeking out new markets etc.) is probably negative
- csto12 2y agoIs 3 even true?
- 3vidence 2y agoTrump said Canada is stealing from him by honouring a trade agreement that he negotiated. America is a clown state.
- p2detar 2y agoYou did not factor in the public opinion here. Already in Europe a mass wave of boycotting American products is shaping up. The same in Canada. It's different this time.
- cglace 2y agoTrump said the trade agreement is terrible.