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submitted 1 month ago by TheKetchupSong to c/world@quokk.au

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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[-] UnderpantsWeevil@lemmy.world 27 points 1 month ago* (last edited 1 month ago)

He believes they can't raise their own tariffs in turn. That's the real danger here. Not Americans paying double for some knock off plastic widget on Temu, but American exporters running into an equivalent tariff wall trying to import cars and computers and pork shoulders into China.

He's taking a guillotine to American global logistics

[-] DragonTypeWyvern@midwest.social 4 points 1 month ago

And when it crashes it will be the Deep State's fault.

this post was submitted on 30 Nov 2024
216 points (95.8% liked)

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