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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump stuns world by willingness to pulverize economies of allies over policy disagreements /demands for territory
Trump threatens country after country with U.S. economic weapons------------------------------------------------------
Trumps combative approach applied to such key trading partners as Canada and Mexico; adversaries such as Russia; and smaller economies such as Colombia and Denmark reflects his view that the United States is being routinely ripped off by most other countries. But the blizzard of demands that dont always address only trade put him on track for simultaneous confrontations around the globe, which could escalate unpredictably to the detriment of the U.S. and global economies.
On Sunday, his administration announced, then backed off, tariffs and sanctions on Colombia, citing a deal on the deportation of migrants that the South American nation had initially resisted.
Successive U.S. presidents have stepped up their use of economic power over the past several decades. The early days of Trumps second term, however, are already signaling a new stage of that trend, as the president stunned the world by saying he would be willing to pulverize the economies of even allied countries over seemingly routine policy disagreements or over sudden demands for their territory.
This is an aggressive exercise of U.S. economic power in a way we have not seen in a very long time at least not in the post-World War II era, said John Creamer, who was a senior diplomat for more than 35 years and was a deputy assistant secretary of state.
https://www.msn.com/en-us/money/markets/trump-threatens-country-after-country-with-us-economic-weapons/ar-AA1xXPhg
Trumps use of sanctions also has risks. Senior Treasury officials have been concerned for at least a decade that the overuse of economic sanctions could make the weapon less effective, by encouraging other nations to set up financial networks beyond U.S. detection. Sanctions and tariff threats against U.S. allies will give many countries added incentive to deepen their economic ties with adversaries such as China, leaving them less exposed to Trumps financial retribution.
It will accelerate efforts to build workarounds to U.S. sanctions and tariffs. Youre showing that everyone is vulnerable not just adversaries like China and Russia but allies like Canada, Mexico and Colombia,
Maru Kitteh
(31,759 posts)He is absolutely intoxicated.
Response to BlueWaveNeverEnd (Original post)
defacto7 This message was self-deleted by its author.
Wiz Imp
(9,996 posts)They refused to take people who had been treated inhumanely by putting them in shackles. Trump backed down and agreed to no more shackles. Columbia 1 Trump 0.
defacto7
(14,162 posts)And it adds up to Trump getting his way and looking like he's benevolent. I see no Trump losses. Trump's modus operandi has always been to go for the weak then manipulate.
Wiz Imp
(9,996 posts)Last edited Mon Jan 27, 2025, 11:59 PM - Edit history (2)
Elections. Court Cases. He loses ALL THE TIME but will never admit he lost. Sorry, but He definitely lost this one.
defacto7
(14,162 posts)But your last sentence is insulting. So ... bye.
Wiz Imp
(9,996 posts)iemanja
(57,757 posts)He doesn't care about the American people--except for felons. Of course, he doesn't care about our allies' economies.
dickthegrouch
(4,527 posts)He held hostages, just like he is now.
However, the further the fall, the longer to recover. Biden gave him the strongest economy in years.
Most other countries hadnt recovered that much from COVID. They will recover faster than us this time around though.