• DaddleDew@lemmy.world
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    6 days ago

    Yes, that and also Trump seems to count on his supporters not understanding who will end up paying for those tariffs by misleading them into believing other countries will pay for those tariffs for them.

    Meanwhile Canadian elected officials have been very upfront about the rough times ahead. But unlike Americans, Canadians are motivated, united and have a strong will to weather the storm.

    The way Trump does it also hurts his own country’s economy even more because he has made it clear that no country is safe from unpredictable tariffs. Investors hate unpredictability. They’ll take their money elsewhere. And on top of that he’s doing it with multiple countries at the same time, which is an even dumber thing to do because the effects of all the countries retaliatory tariffs will be cumulative.