3 ms·
> Exports were just up. That's great for you. We (US) messed up worse than I realized. Your economy will clearly turn out better after this mess (perhaps alre
by toast0 1y ago
> Exports were just up.
That's great for you. We (US) messed up worse than I realized.
Your economy will clearly turn out better after this mess (perhaps already), which is great... neighbors helping neighbors and all that. (I don't think we can claim a 3d chess victory of helping the world economy by shooting ourselves in the foot though) I think you would still be better off when the US is not in recession though...
But our economy won't be better off. And even when we eventually return to sanity, we won't be able to return to where we were.
Maybe we can import ketchup and all dressed chips when relations normalize!
> And then some guy shows up and tries to claim we're taking advantage. Huh?! What? You made us take on free trade, forced us to integrate economically, we were worse for it, but.. we're taking advantage??
Yeah... the US clearly benefits from free trade and I don't understand how he thinks we're being taken advantage of by most countries. Like OK, maybe China but it's complicated. Blanket tarrifs are madness, especially when a lot of imports can't be sourced domestically.
- b112 1y agoI think the biggest issue is the rapidity of introduction, and secondarily, the 'on/off' nature of it. I'm sure it's been said to death, but stable means time to adapt and not random. Picture Trump sitting in his office. A concerned, confused look is on his face. Clearly his mind is dwelling on an issue, a problem. After a while, he picks up the phone and dials a number. The phone connects and a person wearing a headset, at a call centre answers. "Support!", they say, "How may I help you?" Trump replies "Hi. My tariffs aren't working. Can you tell me what's wrong?" Support answers "Have you tried turning them off and on again?" Makes as much sense as anything.