

And if everyone is moving to the USA at the same time, the existing supply lines get overburdened immediately, causing prices of all raw materials to explode until new supply can be developed.
And if everyone is moving to the USA at the same time, the existing supply lines get overburdened immediately, causing prices of all raw materials to explode until new supply can be developed.
That’s the same psychological effect like 9.95 for a product versus 10.00 I guess.
Trump will of course say that this is not fair and he was supposed to divide and conquer, not get them to unite and retaliate.
No, but the plan is floating around to tax EU used data for foreign companies right into unprofitablily.
Freude, schöner Götterfunken!
(Joy, thou shining spark of God)
“This is the carrot. Take it. You really won’t like the stick.”
Rumour going around the tariffs would be delayed 90 days gave positive vibes. That rumour is already discredited though.
Yep. It’s giving some flashbacks to 2008 financial crisis. It’ll take some time, maybe years, before everything recovers. And that’s if Trump isn’t doing his best to make it worse.
A number of places have a time limit. It’s all you can eat in 3 hours. There can be rules that you have to eat what you take, and when you take entire plates but barely touch them, the restaurant gets a bit annoyed.
Anybody tried a steam deck with dock? Gaming and casual desktop should be doable with that.
Not that historica, so far it seems to imitate the 2008 financial crisis crash. But yeah, the financial system almost died then. With Trump, the whole global economic system could very well end in the wood chipper.
What do you mean US? There’s a country left after this?
Then next Trump would just threaten with tariffs again until the labeling had been removed. Then he’ll threaten again for their oversized cars. There won’t be an end to this.
Inviting his friends from Russia no doubt.
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.
In points, but not in percentage. At least not yet. But it sure seems to want to measure up to all major crisis and leave its mark.
Rumour goes the idea is to force others to peg their currency to the dollar in fixed exchange rates so they can stay the reserve currency and still re-industrialize. Tariffs are used to force others into that arrangement. With how trustworthy USA has been the last few months, countries are not going to be enthousiast about this.
There is simple logic in it. Punish everyone, and then let them come to you asking for exemptions. Then he can demand things in exchange. After that it’s “Pray I don’t alter the deal any further.”
UK already asked for an exemption and he said they should buy chlorinated chicken first. If every country responds in the same way and gives in he’s making bank. If they respond with a boycott on anything American, especially digital services, things get bad.
Then they’ll still think it was a good idea, it just went wrong in the execution.
Unless USA does become a hereditary monarchy and the whole circus continues with Queen Ivanka.