this post was submitted on 03 Feb 2025
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politics

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Summary

Trump’s new tariffs on Canada, Mexico, and China sparked backlash from business groups, economists, and some Republicans, who warn of rising prices and economic disruption.

The tariffs—25% on Canadian and Mexican imports and 10% on Chinese goods—prompted retaliatory measures from Canada and Mexico.

Critics, including the US Chamber of Commerce, call them a tax on American consumers. Economists estimate a $200 billion hit to the US economy, with inflation rising.

Trump defended the move, even suggesting Canada should become the US’s “51st state.”

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[–] Coreidan@lemmy.world 13 points 6 days ago

The point is to crash the economy.

Things will not get better until this economy is buried 6 feet under. Letting it ride out like the previous admin did won’t fix anything.

[–] Yeller_king@reddthat.com 1 points 6 days ago

That was the main policy he ran on. So...

[–] PagPag@lemmy.world 1 points 6 days ago
[–] FoxyFerengi@lemm.ee 111 points 1 week ago (4 children)

He just announced he's going to put tariffs on the EU, and said maybe the UK unless they want to make a deal.

This is so mind-numbingly stupid

[–] roofTophopper@lemmy.world 2 points 5 days ago (1 children)

But if you peek into a certain sub, they are are celebrating and fascinated by all the "winning" that is occurring

[–] glitch1985@lemmy.world 3 points 5 days ago

Mind giving us a hint? I love a good circlejerk.

[–] DigitalNirvana@lemm.ee 71 points 1 week ago (1 children)

It’s only stupid if one wishes to see the US prosper. Clearly that’s not the plan they are operating from.

[–] bassomitron@lemmy.world 72 points 1 week ago* (last edited 1 week ago) (2 children)

Dude, this is what's driving me crazy. He. Does. Not. Care. Putin, China, and Co. all want NATO weakened. And a crippled US that has pissed off all its allies means a severely weakened NATO. It is abundantly clear from allllll the evidence presented over the last 15+ years that Trump is a fucking foreign asset. And the administration that's bolstering him up this time around are a combination of foreign assets and religious fanatics that are too caught up in their own cult to realize they're being used to destroy the US, rather than rebuild it in some glorious Christofascist New Gilead wonderland that they envision.

It's so disgustingly obvious, especially the insanity that Elon Fuckrat is pulling. And if you go in any conservative forum, they're just full steam ahead with the final downfall of US democracy, accusing all liberals of being melodramatic and cultivating conspiracy theories. They actually condone Elon forcing his way into government agencies and hooking up illegal servers to hijack the Federal Government's primary payment distribution system, which in turn gives him the ability to stop payments on virtually everything the government pays for. He can literally cease all payments, including paying interest on our national debt, which could cripple the entire global economy due to the USD being the primary trade currency.

Fuck, man. I've been spiraling all week, it's brutal to experience totalitarianism happening in real-time and seeing only a fraction of the population give a shit.

[–] jimjam5@lemmy.world 11 points 1 week ago (1 children)

I couldn’t have articulated this quite as well as you but my friends laughed me off when I said to them that a foreign country/power is almost certainly pulling the strings and taking over the US. Granted they are no fans of führer musk or his pal trump, but you can bet I’ll be reiterating this point the next time I speak with them, doing my best to mask my “I told you so” tone (yes I’m petty).

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[–] 800XL@lemmy.world 8 points 1 week ago

The beauty about Elon setting up servers is that all that info will probably end up on the dark web for purchase so everyone can see it for themselves.

/s

Hooray, the US let a foreign-born national walk right in and destroy the country from inside, while deporting foreign-born people there who just want a better life.

[–] TheEighthDoctor@lemmy.zip 19 points 1 week ago

Almost as if the foreign country that helped him win both times has an interest in a weak US economy.

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[–] zachimusprime44@lemmy.world 78 points 1 week ago (4 children)

man, if only we didn't elect this guy and instead elected the better alternative that was available at the time.

[–] ubergeek@lemmy.today -1 points 6 days ago

If the other option was such a wildly better one, she would have a) done better in the primary and b) not discouraged her own party from turning out

[–] Clent@lemmy.dbzer0.com 18 points 1 week ago (4 children)

But genocide Joe!

Weird. I could feel my brain starting to unwrinkle after typing that.

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[–] Zero22xx@lemmy.blahaj.zone 15 points 1 week ago (1 children)

Yeah but she was a "female". Ew, cooties. And Joe Rogan the alpha instructed all of his alpha followers to vote Trump, so they did the alpha thing and obeyed him without making their own informed decisions. And did I mention she's a feemale? I ain't gonna vote for no woke DEI feminist illuminati agenda.

(/s just in case)

Not just feeemale, but minority biracial childless cat lady feeemale

[–] CharlesDarwin@lemmy.world 10 points 1 week ago

I was told by so many people she would have been just as bad because something something capitalism neoliberal status quo centrists.

[–] Treczoks@lemmy.world 33 points 1 week ago (2 children)

They had known before the election what he was planning. So how come they are complaining now instead of preventing him before?

[–] theneverfox@pawb.social 1 points 6 days ago (1 children)

It's because Trump is so out of pocket on any given day that he has interpreters.

When he says "maybe if we put the sunlight inside the body it could kill the virus, we should look into that" they explained it as "well actually there was an idea of using uv light to clean the blood, so it's not as crazy as it sounds ~~even though there's no substance to it medically~~". And there's not just one interpreter, there's different messages for different audiences

So when he said "were going to put tarrifs on our largest trading partners" the message to people who understood tarrifs was "this is an intimation tactic to get better trade deals, he's not going to actually do it"

[–] Treczoks@lemmy.world 1 points 6 days ago (1 children)

Still, it was said as it was said. And whatever he said has to be taken as the least worse interpretation - it usually ended up worse in his first presidency.

There is no excuse.

[–] theneverfox@pawb.social 2 points 6 days ago

On a personal level, I have trouble maintaining any respect for people who voted for him... But that's one thing

We still have to understand. We have to understand the why and the how, otherwise we're basically giving up - these people believe someone who's every accusation is an admission, so obviously that I can't even appreciate the absurdity anymore

It helps me to remind myself that propaganda works, that if you hear something enough you internalize it - we all do to differing extents, and most people are unable to examine their own beliefs. It helps me to imagine how they'll feel when they finally look at things clearly. It helps me to think this isn't all for nothing, that the sheer amount of suck coming our way will galvanize us all to fight for meaningful change

You don't have to forgive, but you've got to understand why, and use that

[–] TacoSocks@infosec.pub 10 points 1 week ago

They want everything else he is cooking, they think they can control him in this one issue.

[–] Sabre363@sh.itjust.works 27 points 1 week ago
[–] AlecSadler@sh.itjust.works 25 points 1 week ago (1 children)

In the end, corporations that suck Trump's dick will get exemptions, those who don't won't. It'll increase wealth disparity and crush small business / competition.

The suffering is the point.

And yet my uncle, who started at the very bottom of a family run small business and is now near the top, outright said the orange turd is good for small business.

Of course, the dude is at retirement age, and works "part time" with a company truck making his full 6-figure salary while recently signing up for Medicare part B to pay for a knee operation.

[–] Drusas@fedia.io 25 points 1 week ago (2 children)

The fuck did they think was going to happen?

[–] JeeBaiChow@lemmy.world 28 points 1 week ago (1 children)

Collapse the country so he and his buddies can make a killing, no doubt.

[–] prototypez9er@lemmynsfw.com 8 points 1 week ago (2 children)

They would make more money by operating as normal. Collapsing the stock market is going to make it worse for them.

[–] empireOfLove2@lemmy.dbzer0.com 14 points 1 week ago (4 children)

Not on the long run, and not by the rules they're playing by now.

Top 10 richest men in America doubled their total wealth during the COVID downturn. From 750bn to 1.5tn. DOUBLED IN TWO YEARS.

Market collapses allow those with the most current assets buy up everyone else's assets at fire sale prices, and raid the government coffers for "bail out" money. They want that scenario to repeat, only now with a much, much deeper, country-wide drop than the temporary Covid bump.

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[–] JeeBaiChow@lemmy.world 7 points 1 week ago

These are the guys who thought tariffs and alienating a good chunk of the population were a great idea. They're not in it for the long run, only the 4-year cash grab.

[–] justhach@lemmy.world 8 points 1 week ago (1 children)

This is the result of a mind that has been fed the myth of "American Exceptionalism" since day one and has never had to suffer the consequences of his actions.

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[–] __nobodynowhere@sh.itjust.works 13 points 1 week ago
[–] Pofski@lemmy.world 9 points 1 week ago

I was going to say to have your cake and eat it, but with the price of eggs over there I'm not really sure they could.

[–] jackanoodle@sh.itjust.works 8 points 1 week ago (1 children)

Not because this is are against fascism, just because Trump is hurting and not online. Don’t take this resistance as anything other than these incredibly shitty companies continuing to be incredibly shitty to protect their self interest interest.

They’re not fighting for you or me, they’re fighting for themselves. That makes them just as horrible as if they had agreed to it. They deserve zero credit.

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