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His tariffs are so fucking useless he has to rename bodies of water to get back at our own neighbors 🥀🥀🥀🥀
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Anonymous 10w

He’s obsessed with trade deficits like brother in Christ we print the global reserve currency other countries need to export to us to keep the system going

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Anonymous replying to -> #1 10w

I mean he has a point that a sustained large deficit is associated with a declining manufacturing sector. But like, you don’t incentivize domestic growth by selling our foundries and mines to foreign companies then tariffing the countries that sell us the goods back 😭

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Anonymous replying to -> #2 10w

There are so many ways he could try to incentivize domestic production without fucking over consumers and already existing domestic companies, he chooses the dumbest possible way to go about it. A group of college kids could probably brainstorm 20 different ideas that would be more effective on their own or in conjunction with each other

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Anonymous replying to -> #2 10w

The thing is that most of our manufacturing infrastructure declined decades ago. Look at all the cities that were industrial hubs like Philly and Pittsburgh. Their populations peaked in the 1950s and are covered in abandoned manufacturing plants from the era. Pittsburgh is literally less than half the population it was in 1950 and Philly is like 75-80% of its 1950 population. We don’t have the infrastructure to support domestic manufacturing because it bottomed out in the 90s-2000s

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Anonymous replying to -> #3 10w

Yeah it was the 08 financial crisis that doomed the Pittsburgh steel industry. Since then tho multiple presidents including don have sold those failed steel mills to foreign companies

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Anonymous replying to -> #3 10w

N also yeah the declining industry leads to the trade deficit, it’s not as much the trade deficit causing the decline but it is a feedback loop

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