- cross-posted to:
- europeanfederalists
- [email protected]
- cross-posted to:
- europeanfederalists
- [email protected]
Donald Trump has said that Americans may feel economic “pain” from his tariffs on key trading partners.
“Will there be some pain? Yes, maybe (and maybe not!)” Trump wrote on Sunday in all capital letters on his Truth social media platform, a day after signing off on tariffs on Mexico, Canada and China.
“But we will Make America Great Again, and it will all be worth the price that must be paid,” he added.
Has he actually been clear about what the tradeoff is here and why it’s worth it?
He said yesterday that the only way for Canada to get out of this is by becoming 51st state
Oh, so we’re going to be suffering for 4 years pointlessly
Might just suffer permanently since Trump is dismantling the US government, consolidating power and setting up a dictatorship.
Longer than that, most likely, since tariffs raise prices on the end consumer and once those tariffs eventually go away there’s no incentive to lower the price back to pre-tariff levels.
Trump using examples of effective US economic policy from over a century ago and trying to apply it to modern international trade is peak Trump.
No, but I can step into the breach: the tradeoff is that Putin doesn’t release the video of him fucking a 12-year old blonde girl whom he audibly refers to as “Ivanka”.
Has he ever been clear about anything?
Wanting to fuck his daughter.
Honestly, I feel like at this point he can be completely honest that he’s beholden to his fellow oligarchs, he just has to follow it up with “the democrats did the same thing, this is how we get even”. And his followers will defend him, and his opponents won’t have anything to call him out on, and we all lose.
Idk something about strengthening American economy making it more self reliant. Which is why he’s putting tariffs on all of the things we can’t sustainably produce here and are outsourced for a reason, y’know, so we can, uh…
He’s trying to incentivize domestic manufacturing by disincentivizing foreign imports.
The problem is he hasn’t promised any meaningful investment in domestic manufacturing except for a massive half a trillion dollar investment in AI.
For example, all shoes are made in foreign countries where labor costs are lower. The machinery to make shoes locally is scant if nonexistant. There were no investments made to offset this.
Nike and Adidas have said prices may go up by up to 100%. You have to inventivize these companies to make product locally otherwise they’re going to find the cheapest option which is either trafficking it through a non tariffed country or passing the cost on to the consumer. They have a duty to their shareholders (the great American ethos) after all.
Idiot is basically saying “Jesus take the wheel” expecting everything to sort itself out while the American people get fucked.