He's a colossal imbecile who thinks his experience as a minor mobster thug from Queens means that the simple shakedowns will work on a global level. His courtiers know he's a fool, the will plot, they will conspire, there will be blood.
Trump really puts a lot of faith in his tariffs doesnt he? At this point, Trump and Musk are driving a wedge between the US and Europe. China and Russia will be very thankful. Not to mention that tariffs are almost always payed for by the lower/middle class. US citizens will feel sooner than later
I think this is a spoof picture because only an idiot would write it. On the off-chance it is genuine, I believe the EU is far advanced in using renewable energy and won't unnecessarily contribute to global heating just to satisfy the warped mind of a moron and his poor grasp of trade and economics.
Everyone will hurt from blocking free trade but the country that blocks it the most will also hurt the most. Americans will both pay higher prices on everything and their exports will become less competitive as everyone else will just tax them back.
The orange idiot does not seem to know, that after Feb 2022 EU countries have already started to buy more and more US gas and oil. Total clueless moron.
It smacks a bit of desperation for validation from his publicβ¦. βIβm really toughβ, βIβm really smartβ, βplease believe these things about meβ
I do what trump does when he speaks - I don't think. The guy is a moron, if there is anyone with sense around him they will put him in a room with a phone and hope that distracts him from serious issues for the next 4 years
Got to compare him to a terrible teen or toddler. Tell them no and they can't resist. Throw their fit and throw things and the R's catch his shit and say why you make him mad?
This is the perfect description. He still thinks foreign countries pay tariffs. His followers sure do. He's seems to be acting like a mob boss right now - threats threats threats, hoping countries will bend over for him. Will he pull the pin? I think it's 50/50
This is where countries like Canada should have done their homework.
If Canada doesn't roll over, it can respond with tariffs on key imports from Trump counties, block sales of critical raw materials to the US, and stop supplying electricity.
I think we need to buckle up: Trumps advisors have convinced him that a policy of completely trashing the economy and rebuilding from scratch is the way to go. Next year will make 2008 look like a picnic.
I think heβs a little bitch who wouldnβt be able to fight his way out of a paper bag !!! Why did he get elected? So many dumb Americans. Look what heβs doing now! Disgusting
In case of trade balances:
We would have a stronger USD, making the world's debt more expensive, since this often is denominated in USD. In the US , inflation would go down while the rest of the world would suffer. Also, i'm pretty sure demand for US treasures would shrink.
So he would force more parties to search for alternative currencies and leave the USD reserve currency status faster.
The reserve currency system, introduced in Bretton Woods in 1944, is the only thing that allows the US to spend trillions of USD it cant pay back with its current economy...
Perfect way to spook Wall Street (including TSLA cult members).
Incidentally making #PresidentMusk lose a few 10^9$.
When Chinese dirty money will leave Wall Street, Trump will cry.
or we grow a pair and start the nuclear power plants in DE, build more power plants, install more solar and wind turbines..etc Solutions are, we just need to grow a pair
Itβs the US that has a deficit, with the EU, not the other way around, dumbo. It not the EUβs fault the US makes cr*ppy products and wonβt improve their regulatory standards that would make their products more attractive and trade deals more viable.
the orange turd is having a tantrum π And he is not even in the office.. The power took his mindsβ¦he is going to implode US economy, mark my words :)
That may work with smaller countries like Canada or Mexico, but if they try it on the EU, the sh*t will hit the fan. The EU is big enough to make it very painfull if tRump tries to go down that path.
Another point, we (eu/usa) may have issues and maybe we will have some kind of economic war during Trump's term but let me tell you that we will still be allies and we will never side with China cause the values we share are the most important. We will just wait the next brained president Dem or Rep
Just as long as America doesnt descend further. If we see a dictatorship there, we're suddenly stuck, having to choose between two evils. But I agree with you in all other cases.
Hi,
I think you took me for an american (maybe a maga).
Please rethink about my post knowing i'm an european.
If oil and gas are cheaper it's ok but if they aren't tariffs are a double edged sword (just like you said)
I also agree, Trump thinks everything is simple and can be solved in 1 day but the world is more complex than that.
I wish you patience and resilience for next years to come
I think he still does not understand how deficits work. On the other hand, why not buy the stuff from the US rather than Nobby the Kremlin elf. Deutschland erwache. And Hungary, Slovakia, etc.
US politics has become a literal circus led by a very old demented orange clown ππ€‘
Let him apply the tariffs, let's see what the American people will think about it π
Those stupid ones who believed that Trump will make the prices go down noticeably π
They will blame us, "liberals", immigrants, queer or blacks or whoever else.
Those people already voted from him second time despite knowing him. If there was once better judgment there, the maga bacillus made sure to put it out of commission.
I did not vote for him and never will. The EU already makes a lot of purchases of oil and natural gas from the USA. If he imposes tariffs on the EU, Canada, Mexico an so kn, the economy in the USA will die and that finally will be reason to get rid of him and his minions
Ah, and don't get me wrong: the alternative is not buing oil and gas from russian oligarchs or middle asian oligarchs but stopping to burn fossil fuels as soon as possible.
His financial honeymoon is soon over. I'm guessing 2025 will be very challenging for the US financially, and as we know Trump is not the economic guru he thnks.
Confusing, as it requires more on being "heard" to recognise the context, A bit like the Glaswegian/Scottish "Right" or the slightly less confusing "Aye Right".π. In this case I agree with you both 100%.
He is a moron, as usual. EU is already buying more US gas and will increase even further because reasons (orc genocidal invasion of Ukraine). He's trying to take credit for something already happening.
A wise economist (I forget who) had a good line about trade wars and tariffs. Paraphrasing from memory it was something like "starting a trade war is like lighting your house on fire and trying to blow the smoke over the fence to annoy your neighbors."
How is it even possible to bankrupt a casino?! All the odds are in the casino's favour. A casino is basically a money making machine. You'd have to be beyond incompetent and I'm not sure that even that would be enough. How the hell does one actually bankrupt a casino?
Haha I appreciate that but you credit Trump with sense. Do you know how many times he has been bailed out by foreign states. FFS he's just announced the sale of a Trump Christmas Bible on spoof social. He's broke and relying on hand outs.
Explain to me how... This isn't bragging.
I see elections not going the way of the establishment, and I see the establishment doing bits and pieces to help Ukraine... I see several NATO countries still not even to 2% of GDP on defense when it should be at least 3%... I see AfD challenging in D
Don't believe the shouting minority. You need to look for bits and pieces in the news. @Euronews.com posts regularly on these topics. You can also find useful information in my reposts. And in the press releases of our defence industry. Europe is by far the biggest supporter of Ukraine.
They published an article that I questioned, as a historian with CV available.
I asked for their source for some information and was ignored.
That's not a reliable journalism outfit, in my book.
Trump threatening allies instead of condemning Putin. Expected and I don't blame him to be honest, I blame the ones that voted for him, they want this, Trump said he will do it since beginning
Yeah, one bit on the long list of his scummy behaviour. Love to hear when he then brags he knows all those dictators buddies.
USA and Europe are the closest friends and allies that exist on the globe that should stick together, but that demented crook keeps trying to rile us against each other.
Can we just start referring to this economic wet fart as Calamity Clump. It sort of indicates the direction of his presidency and administration, and for some unexplainable reason reminds me of Elmer Fudd and Looney Tunes.
Everybody keeps treating the EU like a little dwarf under the US's thumb. But we've had it. Let him try. As long as China doesn't actually start a war, he's pushing us towards keeping trade going with them more than with the US.
Comments
Even better, he should fuck Elon the muppet.
Tourism to US will β¬οΈ due to the Return Of The Emperor.
Tariffs will bite cost of living.
The dependence on undocumented workers as they are kicked out will be a difficult "cold turkey" process.
No amount of Melon Husks' sugar money will fix these problems.
By the smartest guy ever, oh so smartieful β¦
ππ
It smacks a bit of desperation for validation from his publicβ¦. βIβm really toughβ, βIβm really smartβ, βplease believe these things about meβ
He may pull the pin, and then it is terrible. So people watch him with some alarm to make sure he doesn't.
But once people realize he is not smart enough to figure out how to pull the pin, he'll be treated like a circus monkey.
Nothing was free ...
If Canada doesn't roll over, it can respond with tariffs on key imports from Trump counties, block sales of critical raw materials to the US, and stop supplying electricity.
This will quickly make Trump change his mind.
At a 30% discount on the market.
If everyone accepts tariffs both ways on the US, the ONLY country that will hurt is the US.
EU, China, Mexico, Canada, let's go.
China,EU,Japan and others then recycle these back into buying stuff from the US and a lot of US debt.
1/
We would have a stronger USD, making the world's debt more expensive, since this often is denominated in USD. In the US , inflation would go down while the rest of the world would suffer. Also, i'm pretty sure demand for US treasures would shrink.
2/
The reserve currency system, introduced in Bretton Woods in 1944, is the only thing that allows the US to spend trillions of USD it cant pay back with its current economy...
3/
Incidentally making #PresidentMusk lose a few 10^9$.
When Chinese dirty money will leave Wall Street, Trump will cry.
But we have enough to export. And prices stay high
Tesla and Trumps properties are their liabilities. I wonder what the response will be, lol.
If Europe turns toward a closer relationship with China, the US is all of a sudden the smallest fish in the economic bowl.
I think you took me for an american (maybe a maga).
Please rethink about my post knowing i'm an european.
If oil and gas are cheaper it's ok but if they aren't tariffs are a double edged sword (just like you said)
The US tried sanctions on the EU once before. They had to back down because the targetted EU sanctions back crucified them.
But one day Europe will have had enough.
I wish you patience and resilience for next years to come
This is just Vice President Trumpβs attempt to claim victory over nothing. Madame Putina does the same shit.
Let him apply the tariffs, let's see what the American people will think about it π
Those stupid ones who believed that Trump will make the prices go down noticeably π
Those people already voted from him second time despite knowing him. If there was once better judgment there, the maga bacillus made sure to put it out of commission.
Sounds like a very good plan, the best plan ever.
Is based good or bad ?
But there will be four BITTER years for STRONG REGRET and future lessons ...
Imagine the endless possibilities to do the same with the u.s. ...
Meme inspiration
The smart thing would be to take just enough to NOT make it go tits up. Just keep it printing money.
He's a senile old man open to manipulation. It's a disgrace, that millions of US citizens voted for him.
Good for us though, Europe is waking up.
I see elections not going the way of the establishment, and I see the establishment doing bits and pieces to help Ukraine... I see several NATO countries still not even to 2% of GDP on defense when it should be at least 3%... I see AfD challenging in D
They published an article that I questioned, as a historian with CV available.
I asked for their source for some information and was ignored.
That's not a reliable journalism outfit, in my book.
USA and Europe are the closest friends and allies that exist on the globe that should stick together, but that demented crook keeps trying to rile us against each other.
but the reality is against their god Russia and their god Putin
β π·πΊ Russia of the USA π·πΊ β
but also the USA and EU
for his Putin and Russia
India and China are already buying Russian oil for less than $20 per barrel.
Everybody keeps treating the EU like a little dwarf under the US's thumb. But we've had it. Let him try. As long as China doesn't actually start a war, he's pushing us towards keeping trade going with them more than with the US.