@angeloinchina@Arth168 Please differentiate a country's foreign policy vs how it governs domestically.
A "sovereignty stunt" means jackshit nothing when majority of people suffer from economic difficulties and suffer from bad corrupt governance.
@MarioNawfal Stimulus to offset the loss of US demand? It risks being just merely having a sugar rush effect because the weak consumption is a structural feature of their economy.
Eventually a deal is made especially when they see other countries succeed with it.
@AndrewYang Low-cost cheap manufacturing in politically unstable developing countries is OBSOLETE. Look at Germany and Japan, they do it easily with their precision manufacturing and not that low labor cost crap. US has great tech and are CAPABLE making the capex work!
@thesiriusreport They are (weak consumption, real estate crash, overcapacity built on open US markets, consequences of the zero-COVID policy, etc.).
Even the elephant in the room is not even discussed here: Demographics.
@bebasxin @kamilkazani Keep telling yourself that as the rest of the developing world inevitably gets more prosperous with high growth rates coming from them.
@ExxAlerts How are you going to enforce that? The government would then just be targeting random people they don't like. Not going to hold up legally. And what if a Democrat president starts doing that to right wing groups? So fucking dumb these people, honestly.
@Geiger_Capital I'd argue he did this intentionally to get countries on the negotiating table and reach a new trade equilibrium, especially with the absurd way he came up with the numbers on countries' tariffs on the US (trade balance).
@GenevaInvestor@MichaelAArouet@econovisuals Except, it isn't time unfortunately. No doubt Trump's tariffs are problematic. Ball's in your court how much are you willing to torch your own economy for a swing at the U.S as they are picking up investments from Germany, Japan, Taiwan semic, etc.
@GenevaInvestor@MichaelAArouet@econovisuals Cracking down on tech under some pretext wouldn't be good for innovation. Not surprising considering is what the Europeans have been doing with tech regulations and lack competitiveness. Other countries would offer better terms to get them to invest in their own countries.
@s_m_marandi It's going to hurt more gulf countries, who won't be able to take their revenue as the Persian Gulf is disrupted. Not to mention, their regimes need that oil revenue to sustain themselves. Other oil suppliers will step up and try to produce more, including American shale.
@jeremykauffman@RepThomasMassie Do people here do not understand geography? America gets great majority of its goods from its Asian suppliers including China FROM THE PACIFIC SEA.
@elonmusk Our ancestors didn't have to pay for schooling, high taxes for the administrative state, medical bills, college, a comfortable home. We would be doomed today if we tried to live like our ancestors you dumbass.