Those of us who are not completely retarded are often left wondering “Can Donald Trump be as stupid as he sounds?” and today he proved, for about the 12,356th time or something like that, that he is.
He actually wrote, in a tweet, (which is even stupider that saying something out loud because you can see it in print for a moment and most literal people would look at it for a second and realize that maybe hitting ‘send’ is not the smartest thing to do) “When a country is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore-we win big. It’s easy!”
In other words, ‘Stiff ’em!’
He’s applying his business expertise here. We can always just refuse to pay our debts. It worked for him as a private citizen. But now, as president, he’s found a brand new tool to do that. Tariffs. And this time he’s not going to just bankrupt a few of his own hotels or casinos. He’s aiming for entire industries.
Since he’s said it will apply to every country in the world, even the Canadians are mad at him.
Since every country in the world looks out for its own interests, plenty of them will retaliate.
Since it applies to steel and aluminum, that means the price of anything that uses steel or aluminum, all the way from coke in a can to steel frame buildings, via cars, refrigerators, and bathroom fixtures, will go up in price.
But, since he’s Donald Trump, he may have just been spouting bullshit and it will never happen. We will see.