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Another day, another round of tariff dramas. Trump revealed the new tariff rates he was 'granting' to various countries via letter, along with a new deadline for those countries to come to a deal with him before the rates come into force. It's just another way of seeking to bully the world into agreeing to give one-sided deals to the most powerful country in the world, and to string out the process and the uncertainty, making the whole thing about one man. But while countries are jumping through hoops to get the least worst outcome, the extortion and the drama are starting to backfire. Let's discuss.
4
55 ratings
Another day, another round of tariff dramas. Trump revealed the new tariff rates he was 'granting' to various countries via letter, along with a new deadline for those countries to come to a deal with him before the rates come into force. It's just another way of seeking to bully the world into agreeing to give one-sided deals to the most powerful country in the world, and to string out the process and the uncertainty, making the whole thing about one man. But while countries are jumping through hoops to get the least worst outcome, the extortion and the drama are starting to backfire. Let's discuss.
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