this post was submitted on 03 Apr 2025
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Global News

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Modelling of how Trump’s tariffs will hit global trade suggests the US will be the biggest loser – while a few nations may emerge as surprising winners.

Archived version: https://archive.is/newest/https://theconversation.com/new-modelling-reveals-full-impact-of-trumps-liberation-day-tariffs-with-the-us-hit-hardest-253320


Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

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[–] null_dot@lemmy.dbzer0.com 30 points 3 days ago (10 children)

I want to see Trump fall on his face as much as the next guy but, is there any chance this is actually going to work? Even in isolated cases?

The US' own industry groups are saying it's fucked.

Most countries seem more determined to hunker down the harder they're hit.

Canada for example seems to have suddenly lurched back to the left and are ready to stand their ground just on principle. I presume Mexico is the same.

Certainly this stuff isn't helping conservative politics in Australia and in fact will possibly or even likely cost our conservative party the next election.

[–] ininewcrow@lemmy.ca 15 points 3 days ago (6 children)

The US is backing itself into a corner .... and when you corner animals, they tend to strike out at things

War is the only industry that American prides itself for the profit and I've got a bad feeling that the only answer the Americans will come up with is to come up with a war of some kind in some part of the globe. A war where they will force themselves to fire up their war machine and force their country to produce stuff because of conflict. Same old tactic as always ... except this time, they will really have to scrape the bottom of the barrel to find a reason to go to war somewhere.

[–] Bubbaonthebeach@lemmy.ca 14 points 3 days ago (4 children)

Probably true. It is Trump backing the US into a corner. No other country in backing them there. Americans need to decide, do they get rid of him, or are they willingly sacrificing their family members so he can increase his net wealth (and that of his kids) at average Americans' expense? Unfortunately I expect Americans will be "patriotic" and die to give Trump not only all their money but also their health and lives.

[–] Drusas@fedia.io 6 points 3 days ago

We can't get rid of him even if we want to.

He controls every branch of government. The only way to get rid of him right now is through violence. At a time when he is ignoring court orders and deporting people illegally to one of the world's worst prisons. And setting up Guantanamo Bay to house tens of thousands of detainees.

We'll see what happens.

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