435
submitted 17 hours ago by MicroWave@lemmy.world to c/news@lemmy.world

Summary

U.S. CEOs and business executives are alarmed as Donald Trump remains firm on imposing high tariffs on U.S. allies, despite warnings from economists about potential economic harm.

According to the Wall Street Journal, Trump’s late-night social media announcements have blindsided both his advisers and business leaders, leaving them scrambling to react.

While Trump consults some advisers, like Marco Rubio and Treasury pick Scott Bessent, his unilateral approach limits their influence.

The uncertainty has left business leaders struggling to find ways to alter his stance on trade policies.

you are viewing a single comment's thread
view the rest of the comments
[-] GhiLA@sh.itjust.works 15 points 4 hours ago
[-] Wogi@lemmy.world 15 points 2 hours ago

I'm just going to point out that the ultimate victims of this idiocy are the working class.

The wealthy will still be wealthy regardless

[-] GhiLA@sh.itjust.works 1 points 2 minutes ago

Good to see nothing has changed in 40 years.

[-] chiliedogg@lemmy.world 4 points 1 hour ago

They get to buy the dip.

[-] CileTheSane@lemmy.ca 3 points 1 hour ago

I'm just going to point out that the working class had the chance to vote against this and didn't.

The average age of an empire is 250 years, the US is 249 years old. The only solution to this might require a "significant restructuring"....

[-] Wogi@lemmy.world -1 points 1 hour ago

No they didn't.

The working class had the option to vote for keeping things the way they are, or dramatic change and hope for the best.

They voted for dramatic change, because the way things are isn't working.

Most people are politically tuned out, and just want to pay their bills and have some fun on the weekend. They see bills are getting harder to pay and what they can do on the weekend is getting more expensive. Like it or not, the Republicans did a good job spreading the message that a vote for them will make things cheaper somehow.

We know it isn't true, but we're both chronically online, somewhat informed, and statistically are likely to have an above average intelligence. We do not form a good cross section of the voting public. We voted against the tyrant.

But we're also both smart enough to know that we weren't voting for somebody that would actually fix any of those problems. We were voting against a dollar store tyrant and hoping for the best.

And, even if everything I said is wrong, nearly half of the working class did vote against it.

Hoping that everybody suffers because of the ignorant, short sighted decision of half of them is fucked up my guy.

[-] jaggedrobotpubes@lemmy.world 4 points 38 minutes ago

Voting for dramatic change has a positive ring to it, which makes some implications falsehoods.

Voting for dramatic change that we have been plainly shown and openly promised will take everything that's bad about the system and make it dramatically worse, now that's something that's idiotic, and that's what happened.

[-] CileTheSane@lemmy.ca 1 points 20 minutes ago

No they didn't.

Yes, they did, Trump was clear about his plan for tariffs. Being completely fucking ignorant about your country's political situation does not mean the information was not available or that the option to vote against it didn't exist.

nearly half of the working class did vote against it.

Less than a third voted against him. A third voted in favour of this shit, and the last third didn't bother to show up.

Hoping that everybody suffers because of the ignorant, short sighted decision of half of them is fucked up my guy.

I'm not hoping people suffer, but when 66% of the population either supported this or was indifferent to it I am not going to be emotionally invested when it comes to the consequences of their actions.

I am one person, 77 million people said they wanted this, and another 90 million said "this is fine". Who am I to argue with them? Let them have what they wanted.

this post was submitted on 16 Dec 2024
435 points (98.2% liked)

News

23575 readers
3305 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS