• @[email protected]
    link
    fedilink
    English
    133 hours ago

    What I still can’t comprehend as a non American: It’s not Canada that’s going to pay the tariffs. It’s mostly US companies and at the end the US consumers will pay for it. That’s literally grabbing money from the pockets of US citizens. In what way does this sound like a good idea to a Trump voter? What happens if the affected countries start trading with each other and ignore the US? Trade wars have the the potential to develop into a full scale war if one of the participants is starved of the precious oil…

    • @[email protected]
      link
      fedilink
      English
      111 minutes ago

      Trump has mentioned that tariffs will help him pay for his planned tax cuts. Tariffs are like a flat-tax, which disproportionately help the rich while taking more from the poor.

      I also think there may be some other angles they’re working; but I’m not completely sure on. Trump often threatens people to solicit favors; so this may also be a way for him and his cronies collect bribes and favorably business deals from politicians and the wealthy from around the world. He may also have deals with Putin, because he’s acting exactly how you’d expect a person to act who was trying to destroy the Western hegemony.

    • @[email protected]
      link
      fedilink
      English
      52 hours ago

      Most voters don’t know how tariffs work and assume the country who’s goods are being targeted are the ones who will pay. A lot of people are in for a rude awakening.

      • Natanael
        link
        fedilink
        English
        32 hours ago

        This is starting because Trump himself also don’t know how tariffs works

        Also see the damn water reservoir thing because he doesn’t even understand how water works

        And see the Colombia thing

    • @[email protected]
      link
      fedilink
      English
      12 hours ago

      What happens if the affected countries start trading with each other and ignore the US?

      That would mean less money in rich people’s pockets, so we can’t do that.