23
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Nov 2024
23 points (96.0% liked)
World News
284 readers
272 users here now
Rules:
- Be a decent person
- No spam
- Add the byline, or write a line or two in the body about the article.
founded 1 month ago
MODERATORS
It sounds like the effect will essentially be to leave everyone else trading at a normal rate, while the US economy is shut inside a bubble of tariffs and religious authoritarianism. I can’t quite work out who they’ll be trading with at this rate!
Easy, they're gonna ship to other countries and we'll buy from there. The tariff will be avoided. Prices will be not quite as high, and that extra money will go to another country instead of the government. Woooo, worst of both options!