Serious question.
They didn’t put this on Canada right? So shouldn’t prices in Canada stay relatively low?
Wouldn’t China want to buy more from Canada and vice versa?
Surely corporates won’t price gouge this time
/s
this post was submitted on 04 Apr 2025
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If every country he puts tariffs on ends up implementing their own retaliatory tariffs, what would happen?
You see, when the US pisses on the rest of the world, the rest of the world gets wet - But when the rest of the world will piss on the US, the US will drown.
The rest of the world starts building a new world order and economic system, one that will be a lot less advantageous to the USA than the one they just trashed.
I hope one of the first things to change is the ridiculous Intellectual Property laws the US forced on the rest of the world. Those laws benefit the US at the expense of everyone else.
So a tariff is like punching the other guy but also punching yourself, only the US is doing that to a lot of people so all the other countries get hit a few times sure but the US is beating itself black and blue.
As an example of that, Canada currently depends massively on trading with the US. US tariffs are devastating to Canada's economy.
But, over the last week or so, the Canadian dollar has done extremely well against the US dollar because for all the damage the US is doing to Canada, it's hurting itself so much more.
And I hope Canada can manage to find stronger trade partners with everyone else, especially the EU
It would be smart to diversify, but it's going to take a long time, and it's never going to be as efficient as just moving things across the biggest land border in the world.
Canada would have to build up the Atlantic shipping ports, and all the rail and highway connections leading to those ports to do more business with Europe. That's going to be expensive and take a long time.
As an example, Australia is an isolated continent so everything entering/leaving has to go by port. Its largest port is the Port of Port Hedland in WA. That port handles more than 500 million tonnes of cargo every year.
By contrast, the biggest port in Canada is the Port of Vancouver which handles only 140 million metric tonnes, less than 1/3 of what Port Hedland handles. Australia has multiple other ports over 100 million tonnes too.
The United States descends to the level of economic relevance as South Africa and the rest of the world continues as usual.
Trade tariffs can work if they are used as a scalpel, If they are applied very precisely and explicitly they kind of achieve the desired effect. Trump is just wielding them around like a mallet and is repeatedly hitting himself in the groin while everyone stands at a safe distance away and watches with mild amusement.
In addition, tariffs need to be seen as a rational thing that will be kept in place for a long period.
If Trump wants to bring manufacturing jobs back to the US, businesses need a minimum 5 year plan to buy or build factories, buy equipment, hire people, and so-on. That's a huge investment and a big risk. If the tariffs are cancelled before the factory is finished and orders start coming in, the investors might be out the entire amount.
Trump's tariffs are utter chaos. They're applied then removed, the value changes randomly. He's putting tariffs on US military bases and uninhabited islands. In that kind of environment potential investors are just going to convert their money into gold and wait out the chaos.
Look at Cuba. Now look at the US. Now look at Cuba again.
Okay, now image Cuba but without the public health care, housing, jobs programs, and mass transit.
I don’t wanna look away from Cuba 😭
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Imagine everything currently produced on earth loses about a third of its efficiency/affordability and a large chunk of everything has shortages/unavailability for the next 30 years.
Now imagine with the loss of trade relationships diplomacy slowly returns to that of the dark ages and a new era of war begins.
Things we take for advantage are peace and prosperity.
Umm no the rest of the world can trade with each other just fine it's just trade involving the states that will be hindered.
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Hopefully the political correction happens fast. The last two tariff wars created massive depressions. The Great depression saw a landslide democratic victory and it took Republicans 60 years to become relevant again. This could be good.
Can we please this time support the Communist and Socialist organizations that did armed protest in order to get those actual results? Can we please please learn from history and not allow the capitalist to continue to control the means of production? Because in another 100 years we'll be in the exact same place with the ruling class trying to destroy the social safetynets that only served as temporary measures.
We need a real systemic change in who deciding how the economy is run and who's interest it is meant to serve.
How long will we keep pretending a bunch of 20-30 year old white dudes in the 1700s had the best idea of how to run things?
Most people recognize that communism as an actual government has been trash, but do strongly support the Nordic model with capitalism coupled with socialist-lite pro worker policies. Free trade and capitalism makes so much money that you can't do without it, but it does suck for workers because all the money ends up with the owner class. A pro people socialist-lite Nordic model helps everyone but it needs the money from free trade to afford it.
I do understand the difference between communism as an ideal model that only comes after socialism but that's not how it is used in the real world.
Because the examples where the capitalist were not in control anymore were so good for the average worker?
Replacing a system that fails in one country but essentially nowhere else on the planet, despite being dominant, with a system that failed every single time is not exactly reasonable.
Yeah. I guess we should go back to Monarchy by that logic. Seems to be a very strong system that was strong for centuries and centuries. I guess when the first revolutions against monarchs failed people should have just given up and not tried to improve upon existing systems.
Your argument is literally just in favor of keeping the existing hierarchy because it is the one that exists now. That's literally all you're saying.
Zzzzzzz. Get better arguments.
How is that what you got from my comment? Monarchies failed all the time and people were miserable, like in any communist thing we had so far.
They could drop all tariffs tonight, but the inertia of new trade deals being made to circumvent the US is pretty strong. It will keep strengthening while the US rots on the vine because they’ve been geopolitically exiled for having revealed themselves to be governmentally retarded.
It's well understood by business people (at least by competent ones) that if you do something that makes your customer leave, they dont come back.
Especially in everything related to security, like army, navy, space. If we can't trust the USA when we need to use the weapons we bought, what's the use buying them in the first place.
This is really shooting thyself in the foot, you can't just walk back from that disaster.
60 years ago there was no fox news and social media. These morons will forget in 2 months let alone 2 or 4 years.
The American electorate dumber than a bag of rocks
Rocks are smarter than fucking MAGA. Those neo-Nazi Russian supporting asswipes have a vacuum between their ears.
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With USA committing political and economic suicide, the road is now clear for China to become the world dominating power.
I just hope they will take a graceful approach to their role, when nobody is in a position to oppose them.
China will fail, because the 1st World Asian countries view the CCP and PLA like the Europeans do toward Russia. China under the CCP is not beacon, but a dump.
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