BRICS, Canada and Mexico should be making a trade treaty right now, before Trump even takes office.
I don’t know if you noticed, but the B stands for Brazil and those 2 countries aren’t exactly buddy-buddy. Treaties are more than their constituent members.
What the US wants and what’s good for other countries are not the same things.
But I am European, anything that breaches sanctions against putins russia isn’t good for me either.
Can you even imagine how happy putin is with his bitch?
This either means the US economy will suffer … or America will fight back violently to force others to follow their rules
Either way, someone, or everyone is going to suffer
I am starting to think about that Trump just learned what a tariff is during this election cycle. Still has no idea how they work, what their purpose is, when they should be used, nor how they impact local and global economies but, gosh darn it, if he isn’t excited to show off his new knowledge.
Maybe if they have him write out the word “TARRIF” on a piece of paper and put that paper on the white house fridge, he can be proud of it everyday and be able to move on to his next vocabulary word.
Remember, when he uses the “nobody knew this” that actually means he didn’t know it. And he says it a lot.
Because in his mind
He is the only person with any value
Everyone else is a lamb to the slaughter unless he finds them useful.
I don’t know about “with any value”. I think he just thinks he’s the only person. And the other people are…something else. Like people, but not.
Check out from 9:50, Trump has been talking about tariffs since the 80’s
It’s like he’s trying to kill the US dollar. Nobody who was actually trying to protect our currency would be making these moves.
It’s not a shocker why all the cryptobros are behind him either, because that’s their goal, too.
But I mean god damn it is really hard to exaggerate how stupid and easily manipulated Trump is.
The fiat currency cannot be discussed in public. It’s mystery maintains it’s real value.
No “like”, he is. Russia and China want to devalue the dollar and replace it as the world currency.
Obviously Russia is unlikely to achieve that, but I’m sure China encourages the use of RMB in their global operations, like in their belt and road projects.
Russia benefits from a stronger US dollar insofar as its oil and gas exports are settled in that currency. The more valuable the US dollar is (as measured against the ruble), the more rubles Russia’s exports end up yielding — or the better they compete with other producers in international markets.
