Australian Prime Minister Anthony Albanese says U.S. tariffs on Australian steel and aluminum are unjustified, but his government will not retaliate with its own tariffs.
I’m Australia’s regard, what the bully is doing is hurting himself more that his victim.
If the bully punches himself in the face I’m not gonna punch myself in the face to prevent him being emboldened.
As an aside, I don’t know why people think that a market capitalism solution is what will stop Trump. The whole world won’t just stop buying US-made products in unison and the NASDAQ drops precipitously and Trump announces “oh dear, i will stop doing a fascism and be a good boy from now on”. This is a fantasy that does not map to the real world.
Look at how tarrifs have affected Putin or Kim Jong Il: barely at all. Yes, their people suffer, but the leaders make new trade deals with different counties so their personal wealth in largely unaffected. Meanwhile they have big propaganda wins as it feeds right into their party narrative that the ‘rest of the world is against us’, ‘the elites are conspiring at the WTO’. And those countries have been heavily targeted by tariff schemes for decades, how long you guys want Trump?
Historically the only way authoritarian regimes are brought down is via internal conflict or war.
I’m Australia’s regard, what the bully is doing is hurting himself more that his victim.
If the bully punches himself in the face I’m not gonna punch myself in the face to prevent him being emboldened.
As an aside, I don’t know why people think that a market capitalism solution is what will stop Trump. The whole world won’t just stop buying US-made products in unison and the NASDAQ drops precipitously and Trump announces “oh dear, i will stop doing a fascism and be a good boy from now on”. This is a fantasy that does not map to the real world.
Look at how tarrifs have affected Putin or Kim Jong Il: barely at all. Yes, their people suffer, but the leaders make new trade deals with different counties so their personal wealth in largely unaffected. Meanwhile they have big propaganda wins as it feeds right into their party narrative that the ‘rest of the world is against us’, ‘the elites are conspiring at the WTO’. And those countries have been heavily targeted by tariff schemes for decades, how long you guys want Trump? Historically the only way authoritarian regimes are brought down is via internal conflict or war.