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| TRUMP seems to started off into a road trip into Chaos 💥 😂 |
The CHAOS of TRUMP.
The cacophony makes it almost impossible to work out what actually matters: of the dozen or so noisy issues on any given day, which will still matter in a week or a month’s time? In the last few days alone, Trump has threatened to strip comedian Rosie O’Donnell of her citizenship, has ordered the arrest (or worse) of protestors opposing mass deportations, and embroiled himself in a row with his own supporters over Jeffrey Epstein. Amid all these attention-draining rows it becomes all too easy to miss that on Saturday, Trump also announced a new round of tariffs with two of the USA’s most significant trading partners. In his new letters, Trump announced 30 per cent blanket tariffs on both the EU and on Mexico, which are due to take force on 1 August. The EU is the largest trading bloc in the world, while Mexico, as the USA’s southern neighbour, is its single largest trading partner. Tariffs of 30 per cent would devastate global trade, hurt the US economy more than anyone else’s, and lead to a wave of job losses and business failures across the world that could threaten the global economy. Worse, for the USA at least, it would do all of that while raising prices (and so inflation) for American consumers. The problem for Trump is that when it comes to tariffs, he’s the President who cried wolf. The first time the US president announces devastating trade tariffs, alarmed world leaders take note – they call emergency meetings, they brief the media, and the planet scrambles to respond. But this isn’t the first time: Trump has announced and then delayed or altered tariffs so many times in recent months that everyone is almost fatigued. The latest developments prompted weary press statements from the EU and Mexico, but little more. Trump announced tariffs on almost every country in the world from the White House Rose Garden in April. The President has a bizarre understanding of global trade in which he assumes that if the US buys more from another country than it sells back to it, then that country is doing something unfair.
More TRADE WARS.
That doesn’t make sense on a number of levels. The US is both a very large and a very rich country – most nations with which it trades are smaller and poorer. By Trump’s logic, if America buys coffee beans, bananas, or raw materials from a poor country, it should somehow be buying expensive manufacturing goods worth equal value from America – items it simply can’t afford.Similarly, the US buys in a lot of the goods Americans consume, but it exports services – almost every global big tech company is American, and the profits flow back to America. Trump ignores all of this because it doesn’t show up in trade figures.
TRUMP, Markets AND WAR.
The danger is that without all of those alarms and all of that panic, this time there’s nothing to steer the president off course. Trump is a volatile man and he is fixated on his bizarre trade policy, and the imagined injustices that rationalise it. All other countries need to do right now is sit back and wait for the find out phase. Everyone knows where it is going to do which is why Trump is getting desperate. He needs distractions and a big win. Reality is nothing is going to distract from that pedophile and the find out section of the Tariff's and the instability will start hitting soon enough. When other countries stop bothering to work with him and use their actual leverage, Trump will be so far in a corner he will be all but done.... his political capital will have been wasted and his people will be forced to undo his bullshit or get dragged down with him. The Trump administration’s “move fast and break things” approach to foreign policy has been consistent only in its chaos. There have been rapid shifts in America’s approach to high-profile global conflicts: pivoting to negotiations with Russia, promoting a cease-fire in Gaza, and oscillating between threats of military action against Iran and offers of a newly negotiated nuclear deal. Trump's foreign policy, but the truth is that no framework is required.
Trump doesn't understand even the rudiments of foreign policy, and he
doesn't care. He will do anything that he *feels* will make him money,
bring him attention, and limit any personal consequences of his actions.
That's all there is to it. This is a whole clusterfuck…. Iran uses missiles supplied by Russia, and Putin is talking of backing Iran with more weapons and missiles. Plus China is also backing Iran.Meanwhile our president is calling Putin and asking his advice…. " We had a GOOD 💯 CONVERSATIONS 😜" Like are you absolutely fucking kidding me? Putin has so much to gain from this. But does Trump see that? No. He thinks he’s hot shit and Putin is scared of him. But Putin finds him to be the biggest joke to ever take White House since Joe Sleepy Joe Biden.Trump has made the country look weak and out of control. Canada has fucking said it is no longer backing us.Trump has isolated the US, made enemies of every country, and started almost another war . As it stands, Trump will devastate global trade on 1 August – a time when many world leaders and senior traders alike are usually away from their desks and on holiday, leaving their juniors in charge. Perhaps Trump will chicken out again. He’s done it enough times before, after all. But if he doesn’t, it could be a turbulent summer indeed.
