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229

trump puts 25% tariffs on Aussie steel and aluminium (www.msn.com)

submitted 1 week ago by [email protected] to c/[email protected]

77 comments fedilink hide all child comments

I hope we respond by putting tariffs on American pickups. Democratic nations need to cut the US out of the global economy entirely until they learn how to act right.

Apologies if there's any weirdness in this post, it's my first one.

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[–] ByteJunk 2 points 1 week ago (1 children)

"Cutting the US our of the global economy" reduces every nations ability to trade by 20% - 50%

Yes, while cutting US ability to trade by 100%. Who's the most impacted then?

[–] [email protected] 1 points 1 week ago

I mean it's definitely a gambit, all except for those hundreds of millions (billions?) of people who are going to lose their livelihoods around the world, when world trade shrinks by 20% to 50%. I mean, if you think inflicting that much damage on yourselves for "freedom" from American trade is worth the pain of continuing, have at it by all mean, but I don't think any government anywhere wants to take that hit to their economy, quite yet. You can try to wean your US trade in increments over time, but the US (under Fascists like Trump) will notice it, and start tarriffing what is still traded to made up for the difference. The US is a whole continent economy of 342 million, California alone has a GDP greater than all but 5 entire nations. It's all fucked under worldenders like Trump, and if he's not stopped is going to lead to a World Economic Depression worse than any war that has ever been waged.