imagine you’re the prime minister of japan or the president of samsung and you are thinking of ways of weasling your way out of the ‘Big Beautiful Deal’ or at least making money out of it only for the US to turn around and shit their pants
‘MAHA-ha yes’ shouldn’t have broken me yet here I am
Not without an actual, robust plan towards industrialization. Import taxes are just one tool in the arsenal towards such an end. Without a larger movement from the state, what you end up with is just a wealthy retail sector making a lot of money from selling inputs and finished goods to industry, farmers and the masses. As well as a shift of the tax burden towards the poorest of society. US producers will continue to import whatever they need, and pay the middlemen for it while the US public will continue to import cheap high quality goods from China and elsewhere, while also paying middlemen for it.
Basically, what you need is a larger plan and redistribution model that makes it profitable, efficient and useful to produce, say, Steel in the United States with its current level of financial wealth. Without that, you’ll continue to import Steel from the rest of the world only the poorest of society will bear that burden while companies that cannot pay the premium just go belly up. That’s not counting the things the USA straight up doesn’t have any business producing, like oranges or coffee. Hawaii and Florida have better shit to do with their land than trying to make up for brazilian production.
The way I see it the real contradiction is whether the US government can collapse the dollar standard or not. Ending the dutch disease of just printing dollars for all purposes is the one thing that would push the american estabilishment towards creating a new status quo - for better or for worse.
In Brazil they were offering 5k USD per month and that’s life changing money.
I’m gonna go out on a limb and just assume Ukrainian drones are just making their way to Russia via NATO’s airspace. How far can drones fly anyway?
masking off as its own reward
‘maybe the president is wearing a quick drying liquid skin thing’ - me making sense of this waking nightmare
argentinean government: stop fedposting
thankfully there was no russian imperialism before 1917
its cool how in that map belarus and russia are attacking from every direction except the real southern axis
people in the inner circle of bolsonaro preferring their chosen greater satan (lula) over michelle is quite impressive. i had forgotten that.
The press is doing worse than that. The headlines read along the lines of “Young student assaulted. Police investigates crime of racism.” As though the guy who got his shit kicked in was the victim of racism instead of the perpetrator.
this is a hype technique first pioneered by chief engineer Montgomery “Scotty” Scott
If I had to guess, Vietnam is extremely exposed to US risk without deriving much leverage from that relationship. A country like Brazil is definitely hurt by trade wars, but the US is only Brazil’s second or third trade partner (depending on whether you count the EU as a bloc, I mean, they negotiate as one). México on the other hand is an annex of the US economy. It both exports and imports way too much from the american economy to the point where trade wars must be prosecuted with much more care.
In this sense Vietnam is more of a Germany than a México. Too exposed to US risk to even want to stand their ground on trade issues.
we were falling in love with a chatbot built in 1976? things are so cooked
well they use it on filters so coal cleanses you and stuff
the best part is that coffee and meat aren’t exempted so lmao
He exempted the import of coal briquettes. I didn’t even know the US imported that. From us of all countries.
I think that Brazil, being a poorer and more peripheric country, is just less exposed to US risk. It’s ironic, but in terms of agribusiness Brazil is either a competitor to the US or complements its needs well. In terms of industry, what little industry Brazil has is married to the hip to what little industry the US has relative to its economy. It just never made any sense to tax brazilian imports. Brazil does not even have a trade balance surplus with the United States.
Germany would probably flounder whereas taxing México would be mutually assured destruction. Taxing Brazil is kinda ‘eh why even’ (besides the insider trading and currency manipulation that is).
i thought i was wandering into badpost but jesus that video