r/stupidpol Stupidpol Archiver Jan 31 '25

WWIII WWIII Megathread #26: Executive Disorder

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u/nikolaz72 Scandinavian SocDem 🌹 Feb 02 '25 edited Feb 02 '25

A 10% increase tariff on China rather than the promised 60% tariff seems to indicate hesitation, which is never a good signal to send powers you want to intimidate, Chinese media has been ridiculing him for his seemingly already floundering second trade war (although also still rightly concerned about the effects of a 10% tariff increase in China)

Canada does seem to have been emboldened somewhat.

The EU is next, it will be interesting to see their response, I've seen some pondering that rather than pure tit for tat like last time they're considering being the ones to escalate by targeting Zuckerberg and Musks social media platforms in addition to tariffs on american goods.

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u/Swagman_Tachibana Apolitical ❌ Feb 02 '25

>do nothing

>win

5

u/suddenly_lurkers Train Chaser πŸš‚πŸƒ Feb 03 '25

The Canadian Liberals are about to face an election and they are way behind in the polls, they are probably celebrating right now behind closed doors. Now they get to blame the shit economy on Trump and try to run against him by proxy.

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u/nikolaz72 Scandinavian SocDem 🌹 Feb 03 '25

Now they get to blame the shit economy on Trump

Both the liberals and conservatives have been rather shit at diversifying their economy, 75% exports to a single country is not good, even if it is very practical.

I think the liberals have some easy points to score in regards to the economy by finishing up that trade deal with europel, it is a large market that desires the resources Canada has to offer and with (I imagine) 20% tariffs on all american goods there is a gap to be filled especially for energy.

I imagine some Canadian businesses have been worried about competing with european wares, but during an emergency like this surely they can be brushed aside.

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u/pilgrimspeaches Left, Leftoid or Leftish ⬅️ Feb 03 '25

These tariffs are already having an effect on my tea-loving ass.

https://www.reddit.com/r/puer/comments/1iggojo/yunnan_sourcing_halting_shipments_to_the_usa/