The argument you are getting and setting here seems to be a domestic one primarily, but I think from a foreign policy perspective it becomes much clearer, especially given what this post is about.
US global hegemony after WWII rests on a several aspects, a few key ones of which are free trade with US dollar as the world reserve currency, a system of international alliances, and resulting from that the ability to have bases all over the world for immediate power projection anywhere.
Trump is practically giving all of that away for no discernable reason whatsoever. He basically just publicly announced to all of Americas allies that your word, like as a country, is worth nothing.
Batman@lemmy.world 1 year ago
Everything you buy with wood aluminum and gas will increase by 25%. No less. Domestic suppliers will hack their prices up because the price customers are willing to spend is a part of every business’s pricing model. It becomes the normal price and bam, the tariff is a sales tax in everything but name. Much fiscally responsible. Very moral. Wow.
Americans being able to buy less is hurting them. Families need food to eat. This takes that food away.
DonaldJMusk@lemmy.today 1 year ago
We’ll be fine. You act like this is a major hardship.
T00l_shed@lemmy.world 1 year ago
Again missing the point that many of your fellow countrymen will suffer.
DonaldJMusk@lemmy.today 1 year ago
Who will suffer and how will they be suffering?
WhatYouNeed@lemmy.world 1 year ago
That would require empathy, of which he has none.