Summary

The Wall Street Journal mocked Trump’s tariff policy, calling his pause on Canadian and Mexican import taxes a retreat rather than a “genius power play.”

It criticized Trump for claiming victory despite making only minor trade deals.

Trump agreed to a 30-day delay after Mexico and Canada offered border security concessions.

The Journal previously called his trade war “the dumbest in history.”

  • Voroxpete@sh.itjust.works
    link
    fedilink
    arrow-up
    30
    ·
    edit-2
    7 months ago

    Canada didn’t even make any actual concessions. The money we offered to spend on border security had already been committed for that purpose in December. So the only thing we’re actually doing differently is adding the words “Fentanyl Czar” to someone’s portfolio. Presumably, whoever is already in charge of public safety.

    Amazing diplomacy there from Trump. 10/10.

  • Tikiporch@lemmy.world
    link
    fedilink
    arrow-up
    25
    ·
    edit-2
    7 months ago

    Why does the prune on the right look like Rupert Fucking Murdoch?

    Edit: The latest takedown comes in the aftermath of Rupert Murdoch, who owns the financial newspaper, visiting Trump on Monday in the Oval Office as he signed executive orders.

    Oh.

  • alcibiades@lemm.ee
    link
    fedilink
    English
    arrow-up
    15
    ·
    7 months ago

    I’ve never seen anyone take the angle of Trump’s tariff policy being anti-capitalist and I don’t understand why. He’s disrupting free trade which is a foundational aspect of a global capitalist economy, why isn’t his party mad about that?

    Also this article was fucking terrible

    • kronisk @lemmy.world
      link
      fedilink
      arrow-up
      8
      ·
      7 months ago

      I assume your question was rhetorical, but these people have no fixed principles or commitment to truth. They don’t want free trade for everyone, just no regulations for them.

      • alcibiades@lemm.ee
        link
        fedilink
        English
        arrow-up
        1
        ·
        7 months ago

        Idk- from by (basic) understanding of capitalism, once the market is saturated you need a spacial fix in order to keep extracting profit.

        I think free trade would benefit capitalist economies since it would allow for easier expansion into new markets. Correct me if I’m wrong though cause I don’t know that much about economics and theory behind all this

  • yesman@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    7 months ago

    It is unclear who will be allowed to take up the offer, another unnamed source familiar with the matter told CNN, but some specific operations or areas of expertise may be restricted.