3w ago

US and UK agree deal slashing Trump tariffs on cars and metals, analysts said it did not appear to meaningfully alter the terms of trade between the countries.

www.bbc.com

US and UK agree deal slashing Trump tariffs on cars and metals

3w ago

US and UK agree deal slashing Trump tariffs on cars and metals, analysts said it did not appear to meaningfully alter the terms of trade between the countries

www.bbc.com /news/articles/cp92r2kvk74o

World News @lemmy.ml

☆ Yσɠƚԋσʂ ☆ @lemmy.ml

3w ago

US and UK agree deal slashing Trump tariffs on cars and metals, analysts said it did not appear to meaningfully alter the terms of trade between the countries

www.bbc.com /news/articles/cp92r2kvk74o

World News @lemmygrad.ml

☆ Yσɠƚԋσʂ ☆ @lemmygrad.ml

3w ago

US and UK agree deal slashing Trump tariffs on cars and metals, analysts said it did not appear to meaningfully alter the terms of trade between the countries.

www.bbc.com /news/articles/cp92r2kvk74o

7 comments

The absolute best case scenario for everyone in the imperial core right now is that he basically accomplished nothing and everything returns to the prices it was before libation day.
It won't. Because capital will never voluntarily reduce prices.
- libation day
  
  The treatlerite in all of us poured one out that day.
- Also, now that Chinese companies are actively finding new customers, they have little reason to go back to trading with the US. Some trade will undoubtedly resume as empty economic niches are always filled, however it's not going to go back to the same levels as before. That translates into less goods for US consumers going forward, and higher prices as demand chases reduced supply.
  
  Famously, a lack of bread and circuses has never affected an empire before.