• Catma@lemmy.world
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    19 days ago

    Trump has ripped up or tried to cancel deals he made in his first term. Why any nation would bother to negotiate with the US right now is beyond me. Nothing can be trusted from this administration or any one to come

    • merc@sh.itjust.works
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      19 days ago

      Why any nation would bother to negotiate with the US right now is beyond me

      It’s because they don’t really have a choice. If it were say, Australia, that had gone off the rails, they could just be ignored. But, the US is still such a central part of the world’s economy, and there are so many important companies based out of the US, that it’s not possible just to pull the plug. In addition, if countries didn’t negotiate with Trump he might see it as a slight and send in the navy to interdict “drug boats” or something.

      This also makes things look like they’re better than they are. People see trade deals being negotiated and think "well, if that’s happening, then things aren’t that far gone. The reality is that countries used to negotiate trade deals with the US because, even when they felt they were being pressured to cave to US demands, they could at least count on the US to more-or-less honour the terms of the deal when it was done. I think countries are now dealing with the US because they have to, but they’re really just going through the motions, not expecting that the result will actually be a binding agreement.