this post was submitted on 24 Apr 2025
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politics

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[–] Jaysyn@lemmy.world 43 points 6 hours ago (3 children)

Why would they be?

Trump has effectively handed all of the USA's soft power over to the EU, China & Russia, depending on the part of the planet we are discussing.

All of it.

[–] samus12345@lemm.ee 7 points 56 minutes ago

Not really "handed" over" as much as made it disappear. It's up to other countries to fill the vacuum.

[–] Snowclone@lemmy.world 1 points 11 minutes ago

It's like he's NOT deal maker, but some kind of absolutely unqualified idiot!

[–] Madison420@lemmy.world 4 points 1 hour ago* (last edited 1 hour ago) (1 children)

In Trump's words, "he doesn't have the cards" "he has bad cards". Which also makes it fairly clear he's never played poker or has and is baffled by the rules.

[–] jecxjo@midwest.social 4 points 20 minutes ago (1 children)

It makes more and more sense that he failed to keep a casino afloat.

[–] Phoenicianpirate@lemm.ee 1 points 11 minutes ago

I wish I could find the youtube interview with someone who worked with him during his casino mismanagement days. The guy said that he never saw anyone know so little about what he was supposed to be running. He knew absolutely nothing about any of the games at all. Not poker, craps, roulette, or blackjack.

[–] MagicShel@lemmy.zip 54 points 11 hours ago (1 children)

It was always eventually going to come down to US vs China for economic leadership of the world. Trump ceded that fight. Or accelerated it in a way that makes real conflict a greater concern than it was before, depending on the aggression/militarism of future administrations.

[–] clutchtwopointzero@lemmy.world 8 points 10 hours ago

Trump accelerated. Idiot

[–] Lucidlethargy@sh.itjust.works 40 points 14 hours ago

Trump is desperate.

No quotes or further words needed.

[–] Formfiller@lemmy.world 137 points 18 hours ago (3 children)
[–] UltraMagnus0001@lemmy.world 3 points 1 hour ago

This has been texted to some people 🤗

[–] peetabix@sh.itjust.works 17 points 6 hours ago

Not enough eyeliner

[–] vegeta@lemmy.world 21 points 10 hours ago* (last edited 10 hours ago) (1 children)
[–] godot@lemmy.world 108 points 18 hours ago* (last edited 18 hours ago) (7 children)

Why would China be desperate?

China offers the cheapest high spec manufacturing in the world. If the US doesn’t buy that manufacturing, that leaves the rest of the world. Of course China wants American money, but it’s not going to devastate their economy in the short term. It’s a reasonable cost for providing China with so many opportunities, which they are aggressively pursuing, to cultivate deep seated international power.

The prevalence of Chinese manufacturing actually is a national problem for the US. While China has its pick of buyers, the US is stuck with one seller. The US should have been working for twenty years with India, Pakistan, Brazil, Indonesia, Vietnam, and maybe even some counties in Africa to create access to alternatives. It didn’t.

Weaning the US off Chinese manufacturing would take decades of elegant economic policy and diplomacy featuring several countries. China knows this is where it actually has power over the US.

[–] match@pawb.social 14 points 5 hours ago (1 children)

China has been working with African countries for decades to build their supply lines. The US has had a blind spot over Africa the whole time

[–] DragonTypeWyvern@midwest.social 2 points 17 minutes ago

Not true, they've just done a better job and built infrastructure instead of corrupt power networks based on the threat of regime change

[–] Milk_Sheikh@lemm.ee 22 points 7 hours ago

I have worked professionally with Chinese vendors and suppliers for years, both pre and post COVID. China offers the whole range of manufacturing, not just cheap labor but high tech and precision devices too. You want cheap injection molded toys for Happy Meals? Done. Precision machine tools for CNC? Can do. Medical imaging devices? No problem. Mass assembly of automotive cable looms? Easy. If a business wants quality product from China they can do it.

And much like the classic European model where a textile or steel industry would collect in a valley for logistic/resource reasons and organically form an industrial ‘core’ the same is true in China, but with a centralized planned economy. Vocational schools feed local industry with skilled workers like engineers or tool and die makers, so that region experiences further and further specialization and conglomeration.

There’s no coherent or comparable manufacturing:educational alliance in the US, closest we have is ‘feeder schools’ that partner with individual industrial/scientific giants on an ad-hoc basis.

[–] clutchtwopointzero@lemmy.world 16 points 10 hours ago (1 children)

Also, China has a shitload of US debt that they can use as leverage

[–] DragonTypeWyvern@midwest.social 2 points 15 minutes ago

Which is why Trump tried to declare it void, as a very stupid person.

[–] Cornelius_Wangenheim@lemmy.world 3 points 7 hours ago (1 children)

Also, despite how much Trump wants to pretend he's a dictator, he's not. Both Congress and the Supreme Court have the power to stop this tariff idiocy at any point if the consequences get to be too bad. Xi is actually a dictator and the likelihood of any other power base overriding him is slim to none.

[–] jaxxed@lemmy.ml 4 points 9 hours ago (2 children)

You're absolutely correct on the US topic, but one comment on the Chinese side: China does suffer from an excess of export focused production. Their excess of production capacity is artificial (created by Goverent investment) and has resulted in the need for continued Government cash injections.

The Chinese government investment injection has resulted in significant leads in at least two international markets (EV, and solar panels perhaps batteries by volume.) The cost has been a parge amount for waste and loss of public money (there were a lot of of losses in their recent tech/chip investment for example.)

These losses came at a hard time when the general popilation was suffering from significant equity loss, mainly real estate. There is an argument to make that trying to spur the domestic market would be better than investing in overcapacity.

[–] superniceperson@sh.itjust.works 3 points 6 hours ago

...You understand the primary market for Chinese products, especially ev and solar, is Chinese citizens, right?

Its not even close.

[–] UltraGiGaGigantic@lemmy.ml 1 points 6 hours ago* (last edited 6 hours ago)

These losses came at a hard time when the general popilation was suffering from significant equity loss, mainly real estate

Is this a reference to the 99 year leases people can get instead of full ownership or the citizens investment into big housing projects that some say are scams?

[–] futatorius@lemm.ee 18 points 14 hours ago (2 children)

I think that underestimates the extent to which the Chinese economy is vulnerable to reduced demand from foreign partners. I'm not saying China's in a worse position than the US, since the US has a blithering imbecile traitor as President. But they're not invulnerable to economic shocks either.

[–] slickgoat@lemmy.world 6 points 10 hours ago

China will definitely suffer, but it also doesn't care. Public opinion supporting its actions are not a priority in China. Trump is starting to feel the bite his stupidity has taken him. Not sure if he understands completely, but he's getting an idea that he'll wear the blame. Not from the Maga, but from everyone else.

[–] Blackout@fedia.io 10 points 12 hours ago (1 children)

Part of my company's plan to weather the trade war was to stock up and wait for our competition to be priced out. We also expect the factories in China that supplied our competitors will shut down too. There is a ton of spare capacity with some of them and they work on slim margins. Even a short term downturn of orders can push many to close.

[–] superniceperson@sh.itjust.works 1 points 6 hours ago

They don't tend to close, they pivot.

[–] coyootje@lemmy.world 24 points 16 hours ago (1 children)

I hope they don't back down, even if that orange whimp ends up pulling back the tariffs. Don't re-engage with the US until they elect a decent leader. They should really feel the impact of electing such a moron for a internationally significant role.

[–] WhatAmLemmy@lemmy.world 13 points 11 hours ago

Yep. If America doesn't have a severe depression &/or civil war, the mental illness of MAGA will continue destroying the country from within, and wreaking havoc with global stability.

[–] N0body@lemmy.dbzer0.com 91 points 18 hours ago (1 children)

The Art of the Deal:

  1. Behave recklessly and make threats to destroy the global economy
  2. Get pushback from allies
  3. Reverse course for allies, but behave even more recklessly against rival
  4. Rival realizes you don’t know what you’re doing
  5. Beg rival to engage
  6. Rival refuses
  7. Take insanely reckless actions toward rival
  8. Rival stands firm
  9. Get told by billionaires that you’re messing with their profits and, as a side note, domestic stability
  10. Reverse course for rivals, look incredibly weak and get exposed for not having a clue what you’re doing on the global stage
  11. ?????????????????
  12. Make America Great Again
[–] ooterness@lemmy.world 9 points 8 hours ago

Make America Great Depression Again

[–] Embargo@lemm.ee 123 points 19 hours ago (2 children)

They've called your bluff, buddy and now you're going to have to take an absolute beating of a lifetime. Enjoy!

[–] Chainweasel@lemmy.world 17 points 12 hours ago (1 children)

The tariffs will be something Biden put in place and Trump removed to save the economy within a week.

[–] carbonari_sandwich@lemm.ee 6 points 8 hours ago

I will say, lots of people in my state remember the 2008 Economic Crisis as being caused by Obama.

[–] PurpleTentacle@lemmy.world 35 points 18 hours ago

Not him, he'll take whatever he can get and sell it to his cultists as the world's greatest deal.

As usual, it's the US taking the beating ...

[–] TropicalDingdong@lemmy.world 60 points 19 hours ago

He needs a W and has pissed off anyone capable of giving him one.

[–] Greyghoster@aussie.zone 48 points 19 hours ago

He abuses people hardest to try to force them to submit. It may work with some of his business deals but in international politics with an economic superpower? What a clown.

[–] Linktank@lemmy.today 40 points 19 hours ago

Mussolini his ass already.

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