this post was submitted on 30 Nov 2024
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His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.

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[–] [email protected] 5 points 5 months ago* (last edited 5 months ago) (18 children)

I think there's an argument for what Trump is saying. Tariffs mean that Americans will chose product alternatives that don't have those tariffs attatched. Possibly from other countries outside of BRICS.

IT also gives him leverage in negotiations (eg. He can offer to life the tariffs)... And gives him a way to appear to improve the economy ("oh look, things got cheaper and spending accelerated because I lifted my tariffs, ergo I'm good at economic management").

[–] [email protected] 6 points 5 months ago (2 children)

With what choices?

Also, there's never an argument for him.

[–] [email protected] 3 points 5 months ago* (last edited 5 months ago)

A lot of people don't seem to grasp this idea.

If Tramp goes through with his original plan on applying a minimum of 20% tarrifs to all imports, there are exactly zero choices.

Consumers eat the 20% price for imports, and local manufacturers raise their prices to match because they no longer have any competition at their old price point. To make it worse, wherever domestic production isn't able to meet demand, products will still have to be imported.

[–] [email protected] 3 points 5 months ago* (last edited 5 months ago)

The choice to remove his tariff. To clarify I'm not saying there's an argument it's a good thing, I'm saying I can see his (self-interested) logic.

Of course I also understand people aren't able to look at his ideas yet, as post election hatred is still high, and should continue as such as he is a hyper capitalist willing to sell America to internal fascists (and probably some parts of it to external fascists too).

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[–] [email protected] 4 points 5 months ago

Trump finally doing what some guy in Iran burning an American flag only talks about.

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