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When England created high tariffs on The Netherlands, it started wars, and relations took almost 100 years to repair. Trump basically did what Britain did, but
by alfiedotwtf 1y ago
When England created high tariffs on The Netherlands, it started wars, and relations took almost 100 years to repair.
Trump basically did what Britain did, but against the entire world.
… it might be more than a generation for the whole world to trust any trade agreement with the US if every 4-8 years agreements can be torn up so easily
- ahmeneeroe-v2 1y ago[flagged]
- watwut 1y agoIndia is gaining massively on this. China zeems to be the real winner. Russia cant stop to celebrate this development. The rest of the world is dealing among themselves, including Argentina who sells to China.
- 0cf8612b2e1e 1y agoWe just cut a $20 billion check to Argentina. So that they could then undercut our soybean sales even further. Edit: Guess I should add, now that China will not buy our soybeans, we are propping up a different country’s agricultural market, and are quite likely to soon cut a check to farmers who are struggling because of administration decisions.
- JumpCrisscross 1y ago> Russia cant stop to celebrate this development China is winning. India is pivoting. Russia is still losing.
- ethbr1 1y agoRussia doesn't have the demographics to win, and they're throwing what young workers they have into a Ukranian meat grinder. (Or a war-focused economy that's going to leave them uncompetitive in any other industry) https://en.wikipedia.org/wiki/Demographics_of_Russia#/media/File:Russia_Population_Pyramid.svg https://en.wikipedia.org/wiki/Demographics_of_Russia#/media/... The longer the Russian-Ukranian war drags on, the more likely Russia becomes a third-world resource extraction state on the other side of it.
- watwut 1y agoThey make gains now as much as I hate it. Both territorial and in hybrid war by being able to prop up pro russian politicians But really, Russia could not wish better president for them then Trump.
- JumpCrisscross 1y ago> the rest of the world is broke and needs US markets The rest of the world is disorganised. If India, China, Iran, Russia and the E.U. implemented sanctions on America, not only would our economy crumble but our ability to fight even a single war of attrition would fail.
- ahmeneeroe-v2 1y agoJumpCrisscoss, love you dawg but "if" is doing a lot of heavy lifting here.
- JumpCrisscross 1y agoOh absolutely. I don’t think we’re seeing Behemoth rising [1]. I’m just pointing out that the structural source of American power is our unity across a continent. Nobody else has that hegemony. Our markets are rich because they’re big, and they’re big because they’re unified. That bigness also reduces the incentives for others to unify, given they can gain our economies of scale through trade and without the pesky reconciliation (or annihilation) unification would require. I’m not arguing that Eurasian unification is probable. Just that it’s more likely now than it was before, and that’s a real diminishment of American power irrespective of what the accountants say. (I’d also argue that the aforementioned economies enacting a break with America wouldn’t require long-term unification, just a short-term alliance of the power-balancing types that put America and the USSR on the same side of a war.) [1] https://geopoliticalfutures.com/the-world-ocean-versus-the-continent/ https://geopoliticalfutures.com/the-world-ocean-versus-the-c...
- ahmeneeroe-v2 1y agoAll very good points and something to think about. Especially short term vs long term unity.
- rescripting 1y agoThis is becoming less and less true. Trading with the US is unappealing because it is expensive (tariffs) and fraught with uncertainty. New trade deals are being forged as we speak between countries that were not even considering each other before Trump took office. Nations realign slowly but there is no question they've all begun pivoting away from the US to various degrees, and they're unlikely to go back any time soon.
- drstewart 1y agoWhy would relations be repaired with Britain after Brexit? ... it will be at least 700 years before Europe can trust the UK again if it can just leave from the EU any time it wants
- phatfish 1y agoBecause Brexit was a hilarious foot-gun incident (for anyone outside the UK at least). It hasn't taken 700 years because ~5 years after Brexit really happened everyone just feels sorry for us. I assume the tariffs the parent is talking about were when England/The UK was a world power similar to America now. And it was just a dick move by a bully.