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U.S. stock futures plunge ahead of Monday open as Trump tariffs shock continues (www.nbcnews.com)

submitted 1 week ago by [email protected] to c/[email protected]

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[–] [email protected] 27 points 1 week ago (2 children)

i think other countries are noticing his clown moves and will respond by not reverting theirs

[–] [email protected] 17 points 1 week ago

Isn't that what Canada last time he announced a Tariff then dropped it? They just said "Nope not dropping ours until you calm the fuck down"

[–] [email protected] 4 points 1 week ago (1 children)

That would be dumb, though. For the same reason our tariffs are so goddamn dumb.

[–] [email protected] 5 points 1 week ago (1 children)

You can’t manufacture leverage like that. The “imbalance” he’s talking about didn’t exist in the first place. If he drops tariffs, he’s still in a materially worse position than when he started. He would need to provide concessions to get other nations to drop tariffs.

[–] [email protected] 5 points 1 week ago

Or as I like to call it: The "Play Shitty Games, Win Shitty Prizes" Principle