this post was submitted on 16 Nov 2024
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What's the point of making an infographic then?
To demonstrate how useless the tariffs are going to be.
The US will only hurt itself.
Good for china, no?
It's certainly not bad for China. They'll just continue to pivot away from US markets.
Might be good for Mexico, they'll become an even more important trading partner and on top of that China might to decide to park lots of capital in their country to get around the tariffs. Combine that with MAGA wanting to invade Mexico and we might see the collapse of NAFTA at the rate things are going.
Then I'm happy. As long as china is well, all is well
How would we know? Ask the people at the World Bank who made it.