• abcd@feddit.org
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    21 days ago

    What I still can’t comprehend as a non American: It’s not Canada that’s going to pay the tariffs. It’s mostly US companies and at the end the US consumers will pay for it. That’s literally grabbing money from the pockets of US citizens. In what way does this sound like a good idea to a Trump voter? What happens if the affected countries start trading with each other and ignore the US? Trade wars have the the potential to develop into a full scale war if one of the participants is starved of the precious oil…

    • Yeller_king@reddthat.com
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      20 days ago

      They think that all that stuff will just be made in America for the same or similar cost. They don’t understand the concept of comparative advantage. That in combination with blind nationalism makes this seem like a great idea to them.

    • smeenz@lemmy.nz
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      21 days ago

      In what way does grabbing money from other people’s pockets sound great to trump ?

      Have you not seen trump ? Thats exactly what he’s done his entire life.

    • univers3man@lemmy.world
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      21 days ago

      Most voters don’t know how tariffs work and assume the country who’s goods are being targeted are the ones who will pay. A lot of people are in for a rude awakening.

      • Natanael@infosec.pub
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        21 days ago

        This is starting because Trump himself also don’t know how tariffs works

        Also see the damn water reservoir thing because he doesn’t even understand how water works

        And see the Colombia thing

    • Don_alForno@feddit.org
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      21 days ago

      What happens if the affected countries start trading with each other and ignore the US?

      That would mean less money in rich people’s pockets, so we can’t do that.

    • 31337@sh.itjust.works
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      21 days ago

      Trump has mentioned that tariffs will help him pay for his planned tax cuts. Tariffs are like a flat-tax, which disproportionately help the rich while taking more from the poor.

      I also think there may be some other angles they’re working; but I’m not completely sure on. Trump often threatens people to solicit favors; so this may also be a way for him and his cronies collect bribes and favorably business deals from politicians and the wealthy from around the world. He may also have deals with Putin, because he’s acting exactly how you’d expect a person to act who was trying to destroy the Western hegemony.

      • Redditsux@lemmy.worldOP
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        21 days ago

        Well this is one of the big answers. Tariffs are a hidden or indirect tax. Stupid democrats didn’t understand jack shit so didn’t use it as a campaign issue. He’s raising tax on everybody to pay for his tax cuts. He’s said before he likes the revenue from tariffs in the old days. When you take this approach in conjunction with his thinking on the immigration issue - that by reducing pool of cheap labor, American businesses will pay more and increase wages for low level jobs, you can see where he’s going with this. Prices certainly will be higher. I don’t know about the wages.

    • scratsearcher 🔍🔮📊🎲@sopuli.xyz
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      21 days ago

      Say you are a oil producer, and frack gas and oil in Texas, an industry that supported trump. Now imagine what tariffs on oil-imports from Canada means for your business: rising prices, since gas from Canada would be less competitive. Same with logging and wood products.

    • wisely@feddit.org
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      21 days ago

      His voters are low information voters that have less idea of how this works than he does. All news and media have been bought out. Plus he said himself he doesn’t need their votes again. He won with less than a third of eligible voters this time and remember what happened after losing the previous election.

      This is being done to profit the couple people who have taken over. If the economy crashes they said themselves they love it that’s when they buy up even more at low cost.

  • MonkderVierte@lemmy.ml
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    21 days ago

    and that the US had a deeper “piggy bank” than its trading partners regarding a potential trade war.

    I thought the US has almost 20 trilions in debts?

    • scratsearcher 🔍🔮📊🎲@sopuli.xyz
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      21 days ago

      Who bought this debt (US treasury bonds)? Mostly China, Japan, North Americans and Europeans … So they depend on the system, the circle closes. The US is the biggest importer in the world, and the years since 1945 where used for exporter nations to optimize and streamline for the American costumer. Breaking away from that system would be painful.

  • Yerbouti@sh.itjust.works
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    22 days ago

    I think it’s a great opportunity for Canada to develop more partnership with Europe, Mexico and the rest of the world. USA is an ennemi now, a dangerous one, it’s time to bring this under-educated country to his knees. They need to pay for all the suffering they brought to the world. Sorry USA, we cant not friend anymore, you made your choices.

    • Hanrahan@slrpnk.net
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      22 days ago

      This as an Australia, I’d be happy to see Australia aak fir EU entry.

      Or we could start a Canada, Australia, Japan, NZ zone akin to the EU.

      • Boxscape@lemmy.sdf.org
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        21 days ago

        Or we could start a Canada, Australia, Japan, NZ zone

        This would be good in case Kaiju attack too.

  • MonkderVierte@lemmy.ml
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    21 days ago

    If this increasing shortsightedness means what i think it means, i doubt he will be capable of office for all 4 years of his term.

    • SwingingTheLamp@midwest.social
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      21 days ago

      He’s a puppet at this point. President Leon is pretty visibly in charge, and I shudder to think about the smart puppeteers who are staying in the shadows.

    • Dumpdog@lemmy.dbzer0.com
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      21 days ago

      Not promoting violence but was wondering if there is a deathpool… You know a place where you can place bets. A very specific deathpool. Perhaps someone can start this game as um…a joke…you know some kind of fun joke. A fun site where we can gather and joke about the deaths of dictators.

    • Toga77@lemmy.world
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      21 days ago

      It doesn’t. Project 2025 is what is happening. This shit was literally all written down.

  • vastard@lemmynsfw.com
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    22 days ago

    I’m hoping we soon hear several new trade announcements coming from NATO partners that will help us collectively reduce our reliance on authoritative governments of all stripes.

  • tal@lemmy.today
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    22 days ago

    Less than two weeks in and a Republican President has editorials from the normally-Republican-friendly Wall Street Journal taking a whack at them.

    goes over to see what Cato is up to

    Looks like the top three stories are all also attacking Trump.

    • Trump’s Deportations Will Hit American Workers, Too

    • Trump Administration Purge of FBI Managers Underway

    • Here Comes the Legal Campaign Against “Woke” Employers

    For a guy aiming to make a big deal out of firing lots of government employees, he sure isn’t getting much love from the small-government crowd.

  • selokichtli@lemmy.ml
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    21 days ago

    I mean, here in Mexico, we’ll fight the fuck back. Our president is backed by almost 80% of us, if she says anything, we’ll follow. I don’t think Trump can say that, not even from his own voters. He thinks he’s making America great again, but his adversaries are having a ball: America is not looking strong, America is looking dumb, treasonous, fascist and alone as fuck. At the very same time, people should be aware that BRICS is now the BRICSEEEIIBBCKMNTTUUV. This guy is beating the shit out of his own creation, the USMC.