Modelling of how Trump’s tariffs will hit global trade suggests the US will be the biggest loser – while a few nations may emerge as surprising winners.
Archived version: https://archive.is/newest/https://theconversation.com/new-modelling-reveals-full-impact-of-trumps-liberation-day-tariffs-with-the-us-hit-hardest-253320
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Dumpf bankrupting a former powerhouse with the policies every right wing party wants is the best advertisement in the world against the far right parties.
Thanks USA for being the world police yet again and leading by example. Be strong!
Oh. He and his buddies will buy the slump from the vast array of options available in the next few months and walk away with more wealth than before. Question is: who’s gonna do anything about it?
Fuck
If we’re very quiet precious, my love, maybe he won’t notice us down here near the bottom of the table.
probably it’s not in his map.
One of the few times where being left off a map is a win.
> Fuck
That’s an understatement, more like
spoiler
Forget about a recession, the U.S. is headed directly towards a possible depression and bringing Canada down with it if those numbers are even remotely true. That’s almost 1-2 months salary wiped out for 1/3 of households in the US when most of those people are living paycheck to paycheck.
Aha! Trump is secretly doing the bidding of the Kiwis! No, not New Zealanders, not even the bird… it’s the fruit’s fault!
Does Russia not get hit? Interesting.
Aside from fossil fuels, they mostly only trade with China, right? They’re kinda “isolated” like Best Korea.
With a whole shit ton of sanctions. Still interesting that they’re not getting hit by this, whatever the reasons.
Can’t be hit when you aren’t even trading. They’ll probably see video games get more expensive on Steam
They might be hit indirectly through China.
Thats probably a definite unless China is willing to absorb the cost for whatever reason. They seem to be in a generous mood (relatively, terms and conditions apply) ever since Trump soured the world to the US.
The EU does not imposse 39% tariffs on US imports. The trade deficit is 39% Not the same thing. So they took the trade deficit and divided it by 2 to calculate the tariff. Guess pissing of the whole world will make everyone buy American…
I said in November that I hoped that MAGAts get every single thing they voted for.
I still do
HAAAAAHAHAHAHAHAHAHAHAAAAA!!!
I’ll just have to cut out $3.5k from my budget.
Tarrifs depending on the trade deficit?
Bro, I (from EU) make sure, the trade deficit gets even higher.
Paycheck to Paycheck
A surgical strike
Destroys one month’s salary
There may be some painI don’t want to win; I want America to lose everything!
“Derp, derp, derp…”, stated Trump.