• brucethemoose@lemmy.world
      0·
      1 month ago

      Or “launder” goods through there, like China did with Mexico and some other countries. Or the US did earlier in its colonial history.

      • alvvayson@lemmy.dbzer0.com
        0·
        1 month ago

        The countries with the lowest tariffs will become connector economies. Whether governments want it or not, there is just too much profit to be made.

        This is why Trump is specifically targeting those countries, but then other countries will take their place.

        And the end game is, Trump can succeed, but not without a global recession and much higher prices for Americans.

  • Komodo Rodeo@lemmy.world
    0·
    1 month ago

    As much as people have been mentioning the complete absence of tariffs for Russia, how has no one mentioned the massive ones for Switzerland? WTF did they do to piss off 47?

    • schubidubiduba@lemmy.dbzer0.com
      2·
      1 month ago

      Your mistake is that you assume there’s a rational reason for the level of tariffs in the first place - they use a nonsense formula based on trade imbalance

  • AItoothbrush@lemmy.zipEnglish
    0·
    1 month ago

    I literally dont understand what they are doing. Sometimes trumps decisions seem truly random. Why did they put tarrifs on israel? Arent they huge zionism fans?

    • Helvetica@sh.itjust.worksEnglish
      0·
      1 month ago

      Because America has a trade deficit with them. If a country exports more to America than they import back then Trump sees that as losing. He can’t understand the situation any other way. He sees all deals as a power balance and the one who gets more money is the winner. All these seemingly random ass tariff rates are designed to erase any trade deficits with brute force, because that’s the only thing Trump understands.

      • wuzzlewoggle@feddit.org
        1·
        1 month ago

        I know Trump is dumb. I know his administration is dumb. I still can’t fathom that someone is this stupid. Does he really think all goods that are currently being imported will magically start being produced in the US, just because he puts import tax on them? I just can’t wrap my head around someone being so incredibly naive so he either must be

        1. Actively trying to destroy the american economy, probably because Putin wants him to
        2. There is some other plan that we just don’t see yet Or 3. He really is that stupid.