McAvoy wrote: ↑Sat Mar 15, 2025 4:10 am
BridgeConsoleMasher wrote: ↑Sat Mar 15, 2025 3:40 am
McAvoy wrote: ↑Fri Mar 14, 2025 2:27 am
BridgeConsoleMasher wrote: ↑Fri Mar 14, 2025 2:14 am
McAvoy wrote: ↑Fri Mar 14, 2025 1:18 am
EU is putting tariffs on the US now.
I think Trump understands how tarrifs work and doesn't care. It's just another tax on the consumer aka everyone. Just to fund his tax cuts for the rich.
Also now he is admitting the US will go in a recession. One of his making. I am wondering when the breaking point is for his followers.
Yeah most economists realized quickly that this is more stick and carrot than it is negotiating fair and efficient business between countries.
Going into a recession can be measured, not unlike inflation.
Well of course. It's more about the stick than the carrot at this point.
I am curious though how this would affect Europe. Not that well versed in how much American products are sold overseas, and how much of any of them is needed. I say this because I really don't want to see any country that Trump threatens to bend the knee to him.
I want him to take the losses. Yes it would affect me, but sooner the better for him to realize it's not working. Sooner the better that his followers realize it's not working and put pressure on him. Should some countries actually break down and give what he wants this will continue and will not get better.
From the looks of it, American products aren't necessarily dominant at all, but we have more common touch around the world with any given country. Equal parts superpower turnout and our competition friendly state structure.
My guess is it's probably possible for other countries to spite trump collectively on a trade front, but it's either something that will plainly happen or not happen in the near term and not something that would just pick up steam some point down the road.
My suspicion is that this will be treated short term for at least two years and see if the US can right itself with a string Democrat turnout in 2026. And/or when Trump leaves office in 2028. Then allow the healing to happen.
I have been overseas in other countries and have recognized that American products are not as prevalent as some (MAGA) think it is.
I am just not well versed in the amount that is . Are we talking 5% or 1% or 10% or more of American products bought? So I wonder how much the tariff war would truly affect the EU.
I mean... it kind of depends on what is meant by an American product. As mentioned above, our Ford cars are not your Ford cars - our roads are too small to take them even if we wanted them. We have McDonalds, Coca-Cola, Hollywood films etc. but that is everywhere.
But a lot of your stuff we would not, and a lot of the times, cannot touch due to the law. Chlorinated chicken, those white eggs that you eat, growth-hormone enriched beef, sweets/candy full of banned additives and colours, bread with the consistency of cake. Have you ever watched one of those videos that compares the ingredients lists between an American and a European product of the same name? I do not say this to be insulting that is not my aim at all, rather to note just how different our food standards and tastes are.
As for healing, ''forgive not forget'' applies here imo. US hegemony AKA Pax Americana has been damaged beyond repair. Maybe i'm wrong but I find it hard to believe that a lot of ''America saves the world'' Hollywood films and games are going to take off quite like they used to. We already used to roll our eyes at how overt some of it was (Spider-Man 3 where Peter jumps in front of the Stars and Stripes to rousing music made my cinema laugh - no joke, true story). I know for a fact that sales in China have fallen way below what they used to be.
We actually got a taster of this in the run up to Captain America Brave New World where Anthony Mackie was caught in interviews trying to downplay the name of Captain America.