80
submitted 3 weeks ago by fossilesque@mander.xyz to c/world@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] waddle_dee@lemmy.world 4 points 3 weeks ago

It's fun to joke about, until you realize that this is horrifying news; as it eliminates almost $30B worth of trade. (Source taken from 2024 Spanish data) The US exports a ton of fossil fuels and industrial equipment. The more the US cuts themselves off, the more the global economy gets disrupted. This is once again, a losing situation for everyone.

[-] Hubi@feddit.org 5 points 3 weeks ago

The upside is that it has the potential to bring Europe even closer together.

[-] waddle_dee@lemmy.world 2 points 3 weeks ago

crazy it hasn't happened yet

[-] Voroxpete@sh.itjust.works 3 points 3 weeks ago

Good thing it's not actually happening then.

Thanks to their unified trade policy, the only way for Trump to cut off trade with Spain is to cut off trade with the entire EU. I seriously doubt he's willing to do that.

[-] waddle_dee@lemmy.world 1 points 3 weeks ago

Oh, neat! I was not aware of that.

[-] hitmyspot@aussie.zone 2 points 3 weeks ago

Yes, it protects the smaller countries as much as the big ones. Any trade retaliation, like cutting off Spain means all members would cut off USA.

All he's doing is creating more states willing to drop USA softly. Denmark was shocked awake. Now Spain. Hopefully Ireland soon. France has always been moderately awake.

The USA is not a trustworthy partner. Their interests conflict with European values and European interests more and more.

Ruasia and china are worries, but Russia less so as it's seen to be weak but disruptive. China acts reliably but sometimes against others interests. China are less collaborative but moving to be moreso. They will do what they can to fill the void.

Add all this uncertainty with another war in the middle east and we're in for a rough few years. It looks like Iran has been preparing for a drawn out war for quite a while. The USA has not, yet started one.

[-] Rekorse@sh.itjust.works 1 points 3 weeks ago

Surely looking at the global economy through a western capitalist perspective is the answer.

[-] spitfire@lemmy.world 1 points 3 weeks ago

The upside is the orange demented man will change his mind about it next week.

[-] pelespirit@sh.itjust.works 1 points 3 weeks ago

Which also means that the people behind trump are also going to lose money. He can't piss off his handlers.

[-] backalleycoyote@lemmy.today 1 points 3 weeks ago

They’ll pass any loss on to the American people, whether that’s jacking up prices or the government bailing them out with our tax dollars. What remains to be seen is just how much his average supporters will tolerate and justify until the cost to them becomes unbearable. I hope more nations follow this lead; cut us off or get him to cut your nation off, strangle us economically and make us a pariah on the global stage. His loyalists and bots and foreign bad actors may be a loud minority on the internet, but they’re still a minority and getting a free pass to be a western male chauvinist isn’t going to keep party-line voters content when their businesses fail, their mortgages default, and their kids start dying in Iran.

[-] ji59@hilariouschaos.com 0 points 3 weeks ago

Maybe losing in the short time, but getting rid of fossil dependency is in my opinion a good thing. And most of the other things have (maybe suboptimal) alternatives.

Also, now Trump has no leverage against Spain, so that's another good thing? And its time to increase trade with China, India, etc. 😸

[-] waddle_dee@lemmy.world 1 points 3 weeks ago* (last edited 3 weeks ago)

Yeah! less fossil fuel dependency is great! But losing out on ~$10B worth of energy fuel is insane. Spain will need to make it up somewhere else, for probably more money. It will put a small strain on the fossil dependent sector of Spain, which is are usually near urban centers, if I'm not mistaken.

Also, there's still the other 60%, over half of that industrial equipment. All I'm saying is, these things put strains on everyone, and it's almost always gonna be poor people who take the worse hit and I just detest that. American laborers, who are in the manufacturing of these exports, many of whom did not vote for this. Spanish citizens who have a pretty good shot of seeing some small increases in prices. It's just all so asanine.

edit: fucking forgot cause I'm a big dummy. petrol is mostly used for tankers in exporting, so petroleum shortages will lead to more decreases in a country's gdp

this post was submitted on 03 Mar 2026
80 points (100.0% liked)

World News

55015 readers
749 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS