• @N0body@lemmy.dbzer0.com
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    27814 days ago

    I think Xi might have figured out Trump’s secret. He has no fucking clue what he’s doing. He scares people into reacting by being reckless, then claims a win for getting a reaction.

    Ignoring trolls takes their power away.

    • @adarza@lemmy.ca
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      14114 days ago

      “Never interrupt your enemy when he is making a mistake.”

      (“Quand l’ennemi fait un faux mouvement, il faut se garder de l’interrompre” --Napoleon)

    • @null_dot@lemmy.dbzer0.com
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      4514 days ago

      They’re not really ignoring him though. They’ve discontinued exports of rare earth and are dumping debt. It’s a calculated strategic response to capitalise on an epic mistake.

      • @bravesirthomas@lemm.ee
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        2914 days ago

        Not really, he backed down on tariffs last week thanks to Canada and Japan. The truth is, Trump has put the US into a very, very precarious position. They have a lot of debt to refinance soon, and if the rest of the world wanted to, they could dramatically increase the interest rates paid on that by coordinating a sell-off of US debt.

        • ☂️-
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          14 days ago

          i would love to see that happen, but i don’t think they will

      • ☂️-
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        214 days ago

        never interrupt your enemy while he is fumbling his shit. or something.

      • @AdrianTheFrog@lemmy.world
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        1314 days ago

        As much as I don’t like the Chinese government for all the censorship and etc, they do really know what they’re doing in terms of managing the economy and the infrastructure it relies on, as far as I can tell. Including their education system, it’s fairly shocking how many of the top engineering and CS colleges are in China.

        • @MellowYellow13@lemmy.world
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          14 days ago

          Censorship? Its rich talking censorship in China when America is one of the most propagandized nations in existence. If I was China I would also censor the fuck out of America.

      • @cynar@lemmy.world
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        2014 days ago

        I was one of them. They proved my fears unfounded (so far). They’ve also managed to convert me to a fanboy at some point. I realised I was playing a co-op game brought off steam, on my steam deck, via a steam link to the TV, and the wife using a steam controller.

        • @notarobot@lemm.ee
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          14 days ago

          I think steam is my favorite monopoly.

          ^Not saying it’s perfect. Just my favorite. I understand this might change at any time^

          • @cynar@lemmy.world
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            614 days ago

            At least it’s only a monopoly because everyone else is apparently idiots when it comes to long term planning. I’m dreading the day when they turn to the dark side. Long away may it be.

          • @Bassman1805@lemmy.world
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            514 days ago

            Valve is Augustus Caesar: a benevolent dictator doing great things for their people. I’m afraid of what will happen when Gaben retires, how long will it take before we find gaming’s Nero?

      • Pennomi
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        1314 days ago

        It turns out that maximizing for shareholder profit isn’t a sustainable way to run a business, and it actually burns your company to the ground after a few short years.

      • ✺roguetrick✺
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        411 days ago

        Xi is more than happy to have a scapegoat for his economic troubles so the people and the powerful don’t hang him. Trump sometimes wants to speed run into the hanging and then realizes he really can’t piss off his own power base if he wants to keep his neck.

    • JaggedRobotPubes
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      614 days ago

      If they suck at each other, then that’s way less bad. Root for simultaneous knockout punches.

    • @Daryl@lemmy.ca
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      -312 days ago

      And what, exactly, is wrong with cheering for China? They have never invaded a foreign sovereign nation in their entire 400 year history. They have been invaded by a lot of other countries, however.

    • @takeda@lemm.ee
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      3514 days ago

      That’s very possible. Trump gave them excuse to do this. They already set up a deal with Korea and Japan (and each two hate each other), and if they would set up a trade deal with EU then the US will be the only loser.

      Trump really hurt US with the tariffs on everyone (except Russia, North Korea and Belarus)

    • @psycho_driver@lemmy.world
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      14 days ago

      I hope. I’ll miss my cheap goods but I have enough. I feel bad for young americans as cheap goods was one of the only perks left to living in this country.

      Cheap gas I guess will be one of the last dominoes to fall. That, and the collapse of the petro-dollar system, will be the final nails in the coffin of our economy.

  • @MDCCCLV@lemmy.ca
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    5614 days ago

    Then everyone dumps on him, and he says the roll back was fake news and it’s still happening, but nobody even in the administration knows what’s going on.

  • @Bytemeister@lemmy.world
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    5114 days ago

    Big flex from China. I’m waiting for a country to call trump’s bluff by putting an export tax on their own goods sent to the USA.

    • @xzot746@sh.itjust.works
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      2014 days ago

      Canada should have done this on everything. If the Americans can afford the tariff then there is room for us to charge more. Not really but yeah should do it.

    • @shawn1122@lemm.ee
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      14 days ago

      If only… America holds 20% of global purchasing power so an export tax like that would result in needing to lower local interest rates to boost domestic productivity, which would decrease foreign investment, eventually weakening the local currency.

      It would be hilarious if a country that exports very little to nothing to the US did it to make a point though. Totally on board with that.

      • @Bytemeister@lemmy.world
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        1014 days ago

        America holds held 20% of global purchasing power…

        Truth be told, I think the only thing we really produced in the US was the US dollar. Sounds like it’s the number 1 export for the US, and trump just toppled demand for it.

    • @Back_it_up@lemmy.ca
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      -314 days ago

      Or, they just pay the tariff themselves. Could you imagine China going, “Cool bro, we’ll just absorb the cost ourselves. Now what?”

      • @JcbAzPx@lemmy.world
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        1214 days ago

        That wouldn’t really do much for China. The reason the tariffs hurt us is that we sent all our manufacturing to them (along with a few other countries). So the tariffs only make our stuff cost more. Footing the bill like that would just weaken China’s position.

      • @Snowclone@lemmy.world
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        214 days ago

        What would happen is the US dollar would be weaker, profits selling to the US weakened. It would still harm us primarily.

  • @HighFructoseLowStand@lemm.ee
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    3114 days ago

    Didn’t this happen last time? Less dramatically, but still.

    He puts in a bunch of tariffs. China reciprocates. The market is thrown into chaos. He shouts and screams. China ignores him. He backtracks. China ends the tariffs but doesn’t do anything to try and appease him. He claims it’s a victory. His fluffers say the tariffs were just to bring China to the table, which justifies the hit to the market, despite the fact China didn’t come to the table and President Pigshit didn’t articulate what China could actually give him to end the tariffs.

  • @humanspiral@lemmy.ca
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    2214 days ago

    … Trump keeps begging for China deal while bragging about phone calls kissing his ass. No foreign meetings. No envoy sent to China.
    China limits US studio film releases
    Bessent says Tariffs are no joke. China must make a deal.
    Chinese airlines refuse Boeing+parts deliveries (reported as “China orders”, but leopards were not going to make US aerospace affordable at 125% tariffs.

  • ArchRecord
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    1813 days ago

    And now:

    Trump clarifies some of the tariffs were actually 245% for some unknown reason