Summary

Donald Trump initiated controversial tariffs, formally launching a trade war despite opposition from allies and widespread criticism among policy experts.

He imposed a 25% tariff on Mexican and Canadian imports, with additional charges on Canadian energy and Chinese goods under emergency powers.

Critics and experts lambasted the decision, arguing that the tariffs severely penalize American industries, undermine trade agreements, and reflect poor economic judgment.

Observers predict lasting repercussions for international relations and domestic markets.

  • AbsolutelyNotAVelociraptor@sh.itjust.works
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    12 hours ago

    No. YOU are losing. He’s almost dead and won’t live to see the long term outcome of what he’s doing. And the broligarchs he’s helping have enough money to live through all the oncoming misery.

    You, non ultrarich person living in the OS, on the other hand… You are fucked.

    • Eatspancakes84@lemmy.world
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      4 hours ago

      To be honest, I really worry about what will happen when he dies. I think the only somewhat positive feature of Trump is that he is a coward. He will back down if you push back. Vance will try to simulate Trump by copying his bluster, but he won’t back down even in the face of a war (because dear leader would not have done so either).

    • NineMileTower@lemmy.world
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      11 hours ago

      What does fucked mean? It’s easy to say “we’re fucked”. But what is your actual prediction of how bad things will get?

      • AbsolutelyNotAVelociraptor@sh.itjust.works
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        11 hours ago

        New world order where the US are a secondary player that nobody cares about.

        The reality is the US right now are completely expendable when it comes to the global market, and the turd is going to find out soon that we can live without US commerce, but US can’t live without world commerce.