this post was submitted on 27 Nov 2024
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politics

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Summary

Donald Trump’s plan to impose sweeping tariffs on goods from Mexico, Canada, and China is raising alarm among U.S. businesses, which warn it could trigger price spikes and inflation.

Firms in industries like apparel, manufacturing, and food production fear disruptions similar to the last trade war under Trump, when retaliatory tariffs hurt exports and supply chains.

Critics argue tariffs won’t effectively reshore production or reduce the trade deficit and could lead to runaway inflation, economic instability, and consumer cost increases.

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[–] AbsolutelyNotAVelociraptor 37 points 3 days ago (8 children)

One can only hope. After all, isn't this what they voted for?

[–] [email protected] 26 points 3 days ago* (last edited 3 days ago) (4 children)

After all, isn’t this what they voted for?

They voted for sticking it to immigrants and trans people. They don't understand a thing.

[–] AbsolutelyNotAVelociraptor 6 points 3 days ago (1 children)

Of course they don't, but I don't care anymore, at this point it's just pure and unadultered schadenfreude.

[–] [email protected] 5 points 3 days ago (1 children)

I'm not German but I feel like that word implies that the observer is uneffected by the situation they are observing. This is going to impact everyone which I imagine will significantly decrease the amount of satisfaction one could get from watching these people learn hard lessons.

[–] AbsolutelyNotAVelociraptor 2 points 3 days ago

Yes, you are right, but given that we are all going to be affected by the decision of a bunch of idiots (even if we are not american), the only thing that I can do is enjoy how their face will get eaten by the leopards.

Sure, we are screwed, but they are too, and so deservingly that I will enjoy their suffering.

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