Summary
Trump had to reverse his aggressive tariff rhetoric after CEOs from Walmart, Target, and Home Depot warned of empty shelves and higher prices due to supply chain disruptions.
Investors reacted negatively to his threats against Fed Chair Jerome Powell, prompting a market sell-off.
Trump backtracked, expressing optimism on a China trade deal and now denying plans to fire Powell.
Global markets remain volatile, and the IMF cited Trump’s trade war as a “major negative shock” to global growth.
Trump provided China an excellent excuse to start a trade war and look like the heroes while doing it. This is absolutely Trump’s fault, but China has no reason to not take full advantage of it.
That’s true. The US has been interfering in other country’s domestic affairs for decades. Organising the odd coup, overthrowing elected leaders. Suddenly people are shocked to learn that it can work both ways.
A country with strong democratic institutions are pretty resilient to these tactics. You might not trust the politicians, but you trust the officials, the military and the courts.
It seems that the US has dismantled trust in these institutions for a long time. It has let corporations run the show. So Russia and China have an easier task.
That’s a bit tautological, like “It they could break it, it needed fixing anyway.”
And that’s a bit too much like “If Hitler could invade France, it’s the French’s fault for not fighting back harder.”
Russia has been at war against the American people since Putin and traitorous US oligarchs imposed Trump on us in his first term. It’s victim-blaming to say that’s the American people’s fault.
I’m not sure your allegory is very apt.
Ah, yes, the famous denial of fascists in your own country.
YOU VOTED IN TRUMP WITH A MAJORITY KNOWING HE IS FASCIST.
This is squarely the fault of the American people. Lack of education and political will might be to blame, but to say that you are victims is such a farce that I don’t believe you live in reality.