• N0body@lemmy.dbzer0.com
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    6 days ago

    I think Xi might have figured out Trump’s secret. He has no fucking clue what he’s doing. He scares people into reacting by being reckless, then claims a win for getting a reaction.

    Ignoring trolls takes their power away.

    • adarza@lemmy.ca
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      5 days ago

      “Never interrupt your enemy when he is making a mistake.”

      (“Quand l’ennemi fait un faux mouvement, il faut se garder de l’interrompre” --Napoleon)

    • null_dot@lemmy.dbzer0.com
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      5 days ago

      They’re not really ignoring him though. They’ve discontinued exports of rare earth and are dumping debt. It’s a calculated strategic response to capitalise on an epic mistake.

    • morrowind@lemmy.ml
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      5 days ago

      This only works if you’re China. Most other countries would just be ignored

      • bravesirthomas@lemm.ee
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        5 days ago

        Not really, he backed down on tariffs last week thanks to Canada and Japan. The truth is, Trump has put the US into a very, very precarious position. They have a lot of debt to refinance soon, and if the rest of the world wanted to, they could dramatically increase the interest rates paid on that by coordinating a sell-off of US debt.

      • ☂️-@lemmy.ml
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        5 days ago

        never interrupt your enemy while he is fumbling his shit. or something.

  • ArchRecord@lemm.ee
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    4 days ago

    And now:

    Trump clarifies some of the tariffs were actually 245% for some unknown reason

      • ✺roguetrick✺@lemmy.world
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        2 days ago

        Xi is more than happy to have a scapegoat for his economic troubles so the people and the powerful don’t hang him. Trump sometimes wants to speed run into the hanging and then realizes he really can’t piss off his own power base if he wants to keep his neck.

    • Krauerking@lemy.lol
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      5 days ago

      The workforce is unionizing even if their union is pretty terrible.

      Definitely just a toss up of where this is going.

      • MDCCCLV@lemmy.ca
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        4 days ago

        Their wages are going up and young workers aren’t as interested in living the slave labor experience living in foxconn dorms working 100% of their time. It’s not a union but the overall effects are that policies are being forced to be more pro worker/ better salary and conditions just to meet staffing levels.

    • Daryl@lemmy.ca
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      3 days ago

      And what, exactly, is wrong with cheering for China? They have never invaded a foreign sovereign nation in their entire 400 year history. They have been invaded by a lot of other countries, however.

      • AdrianTheFrog@lemmy.world
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        5 days ago

        As much as I don’t like the Chinese government for all the censorship and etc, they do really know what they’re doing in terms of managing the economy and the infrastructure it relies on, as far as I can tell. Including their education system, it’s fairly shocking how many of the top engineering and CS colleges are in China.

        • MellowYellow13@lemmy.world
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          5 days ago

          Censorship? Its rich talking censorship in China when America is one of the most propagandized nations in existence. If I was China I would also censor the fuck out of America.

                • hark@lemmy.world
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                  5 days ago

                  There different forms of censorship. Flooding the dominant platforms with the official message to obscure opposition opinions, shadowbanning posts, etc are softer forms of censorship but are still censorship. The rulership class is fine with people voicing their opinions if they feel it doesn’t threaten their power. They will crack down harder when that feeling changes.

          • Bronzie@sh.itjust.works
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            5 days ago

            How does the US being full of propaganda change the fact that China has a lot of censorship?

            Both can be true at the same time, you know…

      • ShinkanTrain@lemmy.ml
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        5 days ago

        I was gonna post that one but “What is this business strategy called” gets me every time

      • Pennomi@lemmy.world
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        5 days ago

        It turns out that maximizing for shareholder profit isn’t a sustainable way to run a business, and it actually burns your company to the ground after a few short years.

    • buddascrayon@lemmy.world
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      5 days ago

      I love how everyone just sort of glazes over how astoundingly unpopular Steam was when it was first introduced.

      • cynar@lemmy.world
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        5 days ago

        I was one of them. They proved my fears unfounded (so far). They’ve also managed to convert me to a fanboy at some point. I realised I was playing a co-op game brought off steam, on my steam deck, via a steam link to the TV, and the wife using a steam controller.

        • notarobot@lemm.ee
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          5 days ago

          I think steam is my favorite monopoly.

          ^Not saying it’s perfect. Just my favorite. I understand this might change at any time^

          • cynar@lemmy.world
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            5 days ago

            At least it’s only a monopoly because everyone else is apparently idiots when it comes to long term planning. I’m dreading the day when they turn to the dark side. Long away may it be.

          • Bassman1805@lemmy.world
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            5 days ago

            Valve is Augustus Caesar: a benevolent dictator doing great things for their people. I’m afraid of what will happen when Gaben retires, how long will it take before we find gaming’s Nero?

  • Bytemeister@lemmy.world
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    5 days ago

    Big flex from China. I’m waiting for a country to call trump’s bluff by putting an export tax on their own goods sent to the USA.

    • xzot746@sh.itjust.works
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      5 days ago

      Canada should have done this on everything. If the Americans can afford the tariff then there is room for us to charge more. Not really but yeah should do it.

    • shawn1122@lemm.ee
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      5 days ago

      If only… America holds 20% of global purchasing power so an export tax like that would result in needing to lower local interest rates to boost domestic productivity, which would decrease foreign investment, eventually weakening the local currency.

      It would be hilarious if a country that exports very little to nothing to the US did it to make a point though. Totally on board with that.

      • Bytemeister@lemmy.world
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        5 days ago

        America holds held 20% of global purchasing power…

        Truth be told, I think the only thing we really produced in the US was the US dollar. Sounds like it’s the number 1 export for the US, and trump just toppled demand for it.

      • Tja@programming.dev
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        5 days ago

        China is already weakening their currency to keep their exports (worldwide) more attractive.

    • Back_it_up@lemmy.ca
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      5 days ago

      Or, they just pay the tariff themselves. Could you imagine China going, “Cool bro, we’ll just absorb the cost ourselves. Now what?”

        • parody@lemmings.world
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          5 days ago

          a s̵͎̣̫̼͙̄͂̀̇̚ṱ̵̨͓̹̮̪̖͈̐̏̓̅̈́͗͂̓̕͘a̶̢͉̦͈̬͛̐̎̉b̶̭̝̈́͒̆̓̇̀͛͛͠͝͝l̶̬̥͙̗̪͈͖̜̗̮̆̀̅̓̍͑̍́̓̈e̶̡̛̦͓̰̭̘͆̏̊̉͘one

      • JcbAzPx@lemmy.world
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        5 days ago

        That wouldn’t really do much for China. The reason the tariffs hurt us is that we sent all our manufacturing to them (along with a few other countries). So the tariffs only make our stuff cost more. Footing the bill like that would just weaken China’s position.

      • Snowclone@lemmy.world
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        5 days ago

        What would happen is the US dollar would be weaker, profits selling to the US weakened. It would still harm us primarily.

    • MDCCCLV@lemmy.ca
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      4 days ago

      No they didn’t. This is in reference to the announced exceptions for electronics like phones, which is a pretty big category. That’s effectively dropping tariffs on a big chunk. That announcement was then unannounced by trump but who knows. The general perception is that trump wants tariffs but will fold when the economy catches fire and wants China to make a big deal with him so he can claim victory.

    • Crikeste@lemm.ee
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      4 days ago

      Depends on what you mean by drop. Is rolling back dropping? Is making exemptions dropping? Because both of those things have been done lol

    • takeda@lemm.ee
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      5 days ago

      That’s very possible. Trump gave them excuse to do this. They already set up a deal with Korea and Japan (and each two hate each other), and if they would set up a trade deal with EU then the US will be the only loser.

      Trump really hurt US with the tariffs on everyone (except Russia, North Korea and Belarus)

    • psycho_driver@lemmy.world
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      5 days ago

      I hope. I’ll miss my cheap goods but I have enough. I feel bad for young americans as cheap goods was one of the only perks left to living in this country.

      Cheap gas I guess will be one of the last dominoes to fall. That, and the collapse of the petro-dollar system, will be the final nails in the coffin of our economy.

  • HighFructoseLowStand@lemm.ee
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    5 days ago

    Didn’t this happen last time? Less dramatically, but still.

    He puts in a bunch of tariffs. China reciprocates. The market is thrown into chaos. He shouts and screams. China ignores him. He backtracks. China ends the tariffs but doesn’t do anything to try and appease him. He claims it’s a victory. His fluffers say the tariffs were just to bring China to the table, which justifies the hit to the market, despite the fact China didn’t come to the table and President Pigshit didn’t articulate what China could actually give him to end the tariffs.

  • MDCCCLV@lemmy.ca
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    5 days ago

    Then everyone dumps on him, and he says the roll back was fake news and it’s still happening, but nobody even in the administration knows what’s going on.