‘Makes No Sense’: WSJ Editorial Board Savages Trump Tariffs on Allies as ‘Dumbest Trade War in History’

[satanclaus@lemmy.dbzer0.com]

Sucks to be linked in when I didn't choose any of this. But I get it. You gotta at this point. Fuck us.

[voroxpete@sh.itjust.works]

The problem is that it's very difficult to move from a trading partner you share a land border with to ones that you have to cross the world's largest oceans to get to. Not just difficult, but largely undesirable. While national security might argue for diverse trading partners, short of applying extraordinary incentives business is going to go where its easy and profitable to go, and that's the US.

Since the nineties Canada has signed and ratified 15 free trade agreements. But none of that matters when we have one of the world's largest and wealthiest markets right next to us. Not unless we're willing to take extraordinary measures to change that dynamic.

[non_burglar@lemmy.world]

Yes, of course. Those things are also all true.

[not_that_guy05@lemmy.world]

People, please don't forget that they (the trump admin) redid the trade agreement with Mexico and Canada in their previous term. We are in this shit because they couldn't even make a deal previously and still think they are masters of deals.

[hanrahan@slrpnk.net]

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.

[mapleengineer@lemmy.world]

If you are a non-Trump voter in a red state, especially if you work for the flagship company or industry in that state, I would like to apologize on behalf of all Canadians for what our government is about to do. We don't want to do it but it is the only way to deal with a bully.

[azal@pawb.social]

Absolutely an anti-Trump voter in a red state who works in the healthcare industry where most of my repairs come from Canadian parts.

I know it's against the Canadian way but do not apologize. We voted this way, time to learn.

[thebat@lemmy.world]

I think they quit after Lord Amazon didn't let them endorse Harris.

[sam_bass@lemmy.world]

Does nobody understand the term "cash grab"? He'd play hell raising taxes on us to get what the tarrifs will get him

[seleni@lemmy.world]

Sure, now they complain.

[aesthelete@lemmy.world]

"Makes no sense" is the perfect tagline for the entirety of a second Trump term.

[boxscape@lemmy.sdf.org]

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

This would be good in case Kaiju attack too.

[psx_crab@lemmy.zip]

Hah! Now the leopard is eating their dick.

[abcd@feddit.org]

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…

[wisely@feddit.org]

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.

[univers3man@lemmy.world]

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.

[ms_lane@lemmy.world]

EU entry

As an Australian, no way. Do not want.

[don_alforno@feddit.org]

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.

[natanael@infosec.pub]

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

[wewbull@feddit.uk]

"It's nonce-sense"