Post AstbNjMatwV8Wb8oJE by splat@aus.social
 (DIR) More posts by splat@aus.social
 (DIR) Post #AstbNjMatwV8Wb8oJE by splat@aus.social
       2025-04-08T22:09:31Z
       
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       #uspol #tarrifs #auspolDespite it being so serious the escalating Trump trade war with China is entertaining..The whole conceit that China needs the USA more than the USA needs China is almost farcical. .The truth is in this modern world, everyone needs everyone else. So this trade war is damaging everyone..But yeah, Donald go for it, tax the fuck out of the USA with your insane tariffs, make your imports so expensive that they are unobtainable while simultaneously failing to ensure supply chains and domestic capacity..Just wait and see what effect a 25% tariff on aluminium has on airplane production..Where are you going to get rare earths from in the short term ?.What about the many other things that the USA must import because there are no domestic resources?.Diamonds, coffee, chocolate  and a score of others?.But the really, really bizarre thing is the thinking behind the trade war..Trade is not the reason the USA has a debt. Overspending is the reason you are in the deep doo-doo, your country's inability to live within its means..You (sovereign) spend more than you earn. So either spend less or earn more....Here is a tip, spend less on your military, 4% of GDP is clearly unsustainable....Either that or implement an effective tax scheme....Get big business and the rich to pay their fair share....Bankruptcy will not solve your country's problems, even if it makes you, personally, and your mates richer. .But people are watching, and they are not amused. Pitchforks and torches...
       
 (DIR) Post #AstbNka6NCtsImT70C by cy@fedicy.us.to
       2025-04-08T23:03:36Z
       
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       Just wait and see what effect a 25% tariff on aluminium has on airplane production.Stop threatening me with a good time