▲ | tensor 3 days ago | ||||||||||||||||
The loop hole is every nation just agrees to stop dealing with the US and isolate them. Sure, we’d all suffer horribly but at least the west would have a future, vs we all suffer horribly anyways and fall along with the US. | |||||||||||||||||
▲ | bruce511 3 days ago | parent | next [-] | ||||||||||||||||
I don't think agreement is necessary. I think each will, in turn, come to their own conclusions. In boardrooms around the world there is of course concern to protecting the existing US market. And in the short term there are lots of noises to placate the US. At the same time there's a recognition that the US is not a stable long-term partner. The bigger conversation is around new markets, building diversity of markets, diversity of investment and so on. "Global Trade" is mostly not an organised thing. It's a zillion small transactions between individuals, small companies and so on. Ultimately my (US) customers will pay the tarifs to their govt, or not (shrug). In the meantime I'm looking for non-US customers for my business growth. I'm investing anywhere except the US, because the current uncertainty is bad for making investment decisions. Ultimately this process is a wake up call to suppliers who have focused on the US market. And to those future businesses to come. Diversify markets, because then you aren't beholden to them. In 10 years time, regardless of who is in power, or the conditions then, the lesson will remain. | |||||||||||||||||
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▲ | protocolture 3 days ago | parent | prev | next [-] | ||||||||||||||||
This is the ideal outcome. Just produce the trade blockade that the US is trying to achieve through policy. And like other blockaded nations, North Korea and Palestine, the US will reach its intended levels of greatness within minutes. | |||||||||||||||||
▲ | testing22321 2 days ago | parent | prev | next [-] | ||||||||||||||||
It doesn’t need to be dramatic or announced or even a major policy. Every country is finding out that dealing with Trump’s US is an expensive pain in the ass of unknowns, constant flux and mafia-like pay to play bribes. Many countries will just deal with other countries because it’s cheaper, easier and less of a headache. Tourism from foreigners in the US has taken a severe and extremely expensive nose dive. Everything else will too. | |||||||||||||||||
▲ | somenameforme 2 days ago | parent | prev [-] | ||||||||||||||||
That's unlikely. Sovereign nations generally act in their own best interest. For a quite visual example, for most of the Ukrainian war, Ukraine worked as a key transit hub for a huge chunk of all Russian gas heading to the EU. Why? Because they assessed the billions of dollars they gained in transit fees as being more beneficial to themselves, and their war effort, than interrupting the flow would be. Doing something self destructive to spite another country is often a sign of either incompetent leadership or of a country that's not truly sovereign - countries that end up with some major dependency (economic, military, or political) on another country can be compelled to act against their rational self interest. So back to here, the effect of what Trump's doing is not particularly unique. The US has few, if any, allies and lots of countries that are simply nominally independent vassals. We say jump, and they only ask how high. But what he is doing that's particularly unique is making this entire charade 100% transparent and giving them absolutely 0 chance at saving face. I think he simply enjoys humiliating them, very possibly as a result of things that happened during the previous administration. It will probably accelerate the shift to a multipolar world. I'm very much not a believer in the 5d chess stuff, but I would at least tease the possibility that this outcome might have been considered and not be seen as undesirable. If one considers the goal of solely advancing American interests, it's not clear that hegemony is beneficial. Hegemony entails endless wars and endless interventions around the world funded by endless debt. And as allies and enemies alike reach technological parity, it's becoming ever more dangerous. And for what? How does this all positively affect the average American? In a purely transactional world, it's hard to see how America, in terms of the affects on Americans, would be worse off than in the current one where we expend just unimaginably massive amounts of resources trying to maintain hegemony. | |||||||||||||||||
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