Donald Trump announced Friday that he was scrapping U.S. tariffs on beef, coffee, tropical fruits and a broad swath of other commodities — a dramatic move that comes amid mounting pressure on his administration to better combat high consumer prices.

Trump has built his second term around imposing steep levies on goods imported into the U.S. in hopes of encouraging domestic production and lifting the U.S. economy. His abrupt retreat from his signature tariff policy on so many staples key to the American diet is significant, and it comes after voters in off-year elections this month cited economic concerns as their top issue, resulting in big wins for Democrats in Virginia, New Jersey and other key races around the country.

  • Binturong@lemmy.ca
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    5 hours ago

    Shame that trading partners are already all adapting away from the unstable and untrustworthy tRump regime, who the fuck wants to rely on trade with someone who can completely change their spongy dementia addled mind at the slightest perceived offense or even imagined ones, or their mood that day… or the weather… Honestly, this will not have the desired outcome for Americans because tRump poisoned the well already with his self-serving, corrupt horseshit.

    He wasn’t lying when he said the tariffs were great for ‘us’, he just wasn’t talking about the same ‘us’ the public thinks he is. He’s talking about himself and a few oligarch business associates who are cannibalizing the country with his gleeful permission. It’s not that he’s too dumb to see they’re playing him, it’s that he DOESN’T CARE about America, at all. Perhaps he even hates America for being rejected by the elite for decades on end. He’s a bitter, wrathful, closeted gay diva, and he is only happy when you personally are suffering. It’s the disappointment of the millennium that so many American people are blind to this, or willfully ignorant because they still somehow buy the lie that it could be them getting into the club and being one of the rich and powerful who can do anything they want and not have to care about their peers.

    Don’t quit your job, save your money, and buy raw ingredients so you can cook your own food, cause the damage he’s done to trade is not going to fade fast enough for bullshit gestures like putting out the fire he started himself to have an impact that favours working Americans. Stay strong, and find ways to get his shit-encrusted and rotting carcass out of office before a complete collapse is upon you and the entire world suffers. That goes for the criminally liable enablers calling themselves the republican party, too. Don’t forget corporate plants in the Democratic party.