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submitted 1 day ago by yogthos@lemmygrad.ml to c/news@hexbear.net
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[-] CarbonScored@hexbear.net 32 points 1 day ago* (last edited 1 day ago)

Unless the US does some major overhauls of industry, coupled with mass centralised investment, I can't help but feel the country who wins a trade war is gonna be the one that.. makes all the goods, and has been accumulating foreign capital for decades.

One of them will sit and cry now they can't afford 90% of the stuff they imported and rely on, while the other has mass leverage to stabilise their own currency from a dip in exports, while sitting on piles of useful stuff they can just use and/or trade elsewhere.

[-] yogthos@lemmygrad.ml 18 points 1 day ago

Personally, I see no path towards any kind of meaningful overhaul or mass public investment in the US.

[-] invo_rt@hexbear.net 15 points 1 day ago

The Century of Humiliation will occur first.

[-] yogthos@lemmygrad.ml 11 points 1 day ago

seems like the most likely scenario

[-] Infamousblt@hexbear.net 22 points 1 day ago

Trade wars are good and easy to win

[-] Sickos@hexbear.net 18 points 1 day ago

And export controls on their rare earths

[-] EstraDoll@hexbear.net 15 points 1 day ago

Wow! It's the least surprising headline I've read this century!

[-] TrustedFeline@hexbear.net 10 points 1 day ago

(my people yearn for freedom)

[-] BenThereDoneThat@lemm.ee 6 points 1 day ago

So you’re telling me people reciprocate against reciprocal tariffs?

Today I learned.

this post was submitted on 04 Apr 2025
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