So, let me get this straight
Trump imposes tariffs on Canada and the EU
In response Canada and the EU move to have closer ties, including trade
Trump threatens more tariffs
...genius
News and information from Europe πͺπΊ
(Current banner: La Mancha, Spain. Feel free to post submissions for banner images.)
(This list may get expanded as necessary.)
Unless they're the only sources, please also avoid The Sun, Daily Mail, any "thinktank" type organization, and non-Lemmy social media (incl. Substack). Don't link to Twitter directly, instead use xcancel.com. For Reddit, use old:reddit:com
(Lists may get expanded as necessary.)
We will use some leeway to decide whether to remove a comment.
If need be, there are also bans: 3 days for lighter offenses, 7 or 14 days for bigger offenses, and permanent bans for people who don't show any willingness to participate productively. If we think the ban reason is obvious, we may not specifically write to you.
If you want to protest a removal or ban, feel free to write privately to the admin that applied the rule (check modlog first to find who was it.)
So, let me get this straight
Trump imposes tariffs on Canada and the EU
In response Canada and the EU move to have closer ties, including trade
Trump threatens more tariffs
...genius
The only thing the stupid fuck magas know how to do is threaten and bully people. Then they act all offended when people they treated as enemies respond as enemies.
This 4D chess MAGA kept talking about turned out to be a simplified version of Tac Tac Toe. And he's losing.
art of the deal
"Hostile act" says the guy who's been threatening to invade Greenland.
Says the guy blowing up fisherman for funsies
Also to annex Canada, which is why he's seeing Canada strengthening its alliances with everyone but the USA.
If he's mad, you're doing right.
Doesn't this remind us of something? Hmm... what other state wanted to join the EU and faced thread and an hostile reaction by its oversized neighbor?
Typical abuser reaction.
This tariff talk is so tiring. It is better to just pull from the US market and invest in the rest of the world.
He can put all the tariffs he wants, the effect on who doesn't do business in the US will be minimal.
Companies are slowly moving away from the US market and exploring other markets but it takes a hella long time to do that.
don't slow, rug pull and kill it
This fucking guy.
Would someone explain to this one orange braincell what a fucking tariff is?
β€οΈ EU + Canada
Mimimi
Wait until a reporter asks Sleepy Don about the Monroe Doctrine.
Who is even trading with the US anymore? He is doing his best to piss of all the major trade partners of the US, and everyone still trading with them is constantly going to have to worry about whether the manchild is throwing a tariff tantrum again.
Everyone. The US is a huge and important market and will remain so for the foreseeable future. Let's not be delusional.
I expect companies will see trading with the US as more of a risk now, and take measures like requiring a premium, but trade with the US will continue, just by the sheer size of the US market.
Absolutely.
Continuity is extremely important in trade relations. If I plan to tie my economy to yours I want to be certain that the rules of those ties won't suddenly change. That's not the case with the USA anymore; that's one side of the coin.
The other side is that the USA are a big market that has, until recently, been fairly reliable. There's a lot of money to be made by dealing with them and there are a lot of established relations that would be expensive to change. In some cases companies can't even pivot to other markets as their business is too specific.
So trade will continue but the States are no longer guaranteed to be the preferred partner. Especially when making new trade deals the USA no longer get the benefit of goodwill. Previously they could argue that signing a deal with them meant decades of reliable access to a large, stable, and prosperous market and that a few unfavorable tradeoffs are worth it. Now they can't even guarantee that the deal won't be unilaterally canceled within months or that their market has much purchasing capacity. As a result everyone else is much more inclined to seek alternate trade deals and play hardball when the USA come to negotiate.
US is the second biggest economy in the world. You can't just completely ignore it.
Second biggest? Most economists would compare by gdp and in that regard the US is the biggest by quite a lot and has been for decades (https://www.worldcountrydata.com/en/rankings/gdp). Do agree you can't just ignore them, unfortunately.
EU is the world's largest market. US money is sitting more still than EU money, probably largely simply because there are so much more people in EU than there are in USA.
yeah but most of that is tied up in like 12 people
Gdp doesn't care about what the numbers mean in reality
Why would they care what a soon to be lame duck pedophile thinks?
upliftingnews
Just fucking do it once and for all you piece of shit, I'm tired of all the bullshit
I don't wanna die thx
I'm also tired but i really hope he doesn't. If this is what the restraint version of him causes, i dont want to know what the unleashed version of him can do. He's already proven how incapable he is of seeing what kind of results his actions will have, just look at the Iran war for example. If he just fucking does it we might as well nuke half the planet.
Great.
Lets have Carlifornia (with Gavin Newsoom) as associated member next.
Smell like BITCH to me.