Summary

The Wall Street Journal slammed Trump’s new 25% tariffs on Mexico and Canada as “the dumbest” move, warning they harm allies, not adversaries.

The editorial suggested retaliation could pressure Trump to reverse course. The stock market reacted negatively, showing concerns about Trump’s economic policies in a second term.

The Journal also recently criticized Trump’s stance on Ukraine, U.S. withdrawal from Europe, and his sovereign wealth fund plans, highlighting broader worries about his policy direction.

  • 4am@lemm.ee
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    4 days ago

    warning they harm allies, not adversaries

    That is the entire point of them, you see. Hurt them, consolidate them under loyal oligarchs, become “too big to fail”, control everything.

  • zephorah@lemm.ee
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    5 days ago

    Not dumb for him. Tariffs will line his pockets. This is why economists call it a tax on the American people. Very McKinley era, the time that created the iconic visual of street urchins, and the Baron class.

    Trump profits, Elon laughs and jumps around, and we work even harder (producing money for them) to survive with a roof over our heads.

    We The People get pounded while MAGA and their billionaires get paid even more.

    • tempest@lemmy.ca
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      4 days ago

      I don’t think the thinks about the people at all, only the money he will get to add various things to the exception list.

  • explodicle@sh.itjust.works
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    5 days ago

    An overwhelming majority of voters are voting based on tribal affiliation, not expected results. They have literally no idea if the proposed policies will help, or even be pursued in earnest.

  • Yodan@lemm.ee
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    5 days ago

    Assuming we are on the road to trading with Russia instead of the rest of the world in order to give putin a gift of American cash, what businesses are good to invest in to pad the depression incoming? Grain? Vodka?