Comment by alfiedotwtf
8 days ago
As a professional armchair economist, I would call it a power off rather than a reset.
It took over a hundred years for countries to once again have economic trust with France again when they went hard on tariffs in the 1600s causing war.
Who in their right mind would negotiate with a man known to rip up existing agreements on a whim?!
I have a feeling that this will knock the United States down a peg economically to the point where we look back on Liberation Day as America’s Brexit
Brexit is going to look like a minor bump compared to this. Even the stupid deal the UK negotiated didn’t try and seal the borders to imports.
Bretton Woods would like to have a chat with you.