Saturday, February 1, 2025

QOTD -- Trump's "Dumbest In History" Trade War

 

When the Malignant Fascist's lost the Wall Street Journal ... 

None of this is supposed to happen under the U.S.-Mexico-Canada trade agreement that Mr. Trump negotiated and signed in his first term. The U.S. willingness to ignore its treaty obligations, even with friends, won’t make other countries eager to do deals. Maybe Mr. Trump will claim victory and pull back if he wins some token concessions. But if a North American trade war persists, it will qualify as one of the dumbest in history.

Well, he is a dumbass, so it follows he'd levy dumb tariffs on two friendly neighbors who are our biggest trading partners (and a 10% tariff on Chinese goods), and trigger an unnecessary, destructive, job destroying, inflation- increasing trade war.  It won't take long for Canada and Mexico to retaliate, and then watch the shit hit the fan.


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