President Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and costlier products in the United States, saying American kids might “have two dolls instead of 30 dolls,” but he insisted China will suffer more from his trade war.

  • Bubbaonthebeach@lemmy.ca
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    21 hours ago

    If he understood anything about his electorate, he would know that it would be a choice of 1 meal a day instead of 3, if the rent is still paid.

    • Karjalan@lemmy.world
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      16 hours ago

      You know why. The same reason Martha Stewart gets jail for insider trading but the ultra rich and politicians do it in the open with no consequences

  • Bojack411@lemmy.world
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    1 day ago

    “The american people will suffer but china will suffer more.” So hes hurting us to hurt them? Great job dumbass.

  • EndlessNightmare@reddthat.com
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    2 days ago

    but he insisted China will suffer more from his trade war.

    Even if this were true (which is dubious) this doesn’t make me feel any better. That would simply make this a Pyrrhic victory.

    What is the point of any of this? Oh yeah, cruelty is the point.

    • bampop@lemmy.world
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      20 hours ago

      Nah, raising a shitload of money fast for tax breaks to pay off the billionaires who handed him the presidency is the point. Cruelty is why idiots would vote for this

    • GreenSkree@lemmy.world
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      22 hours ago

      The point? I think he expected the world leaders to come bearing personal gifts and favors. Trade some of the US’s global position and power for his own personal wealth and power? I don’t have proof, but it would be on-brand for Trump.

      He’s also surrounded himself with yes-men and crazy people (e.g. Navarro). He clearly has an elementary understanding (at best) of economics. Money good. China bad. Money go to China bad (trade imbalance). Tariffs keep money here.

      Combine all that with the fact that he never admits responsibility for anything. When China pushed back, he retaliated. When they stopped participating, it leaves us in a stalemate that I believe will hurt us a lot more than them.

      So, I think the trade imbalance is the justification. The goal is likely just personal power for Trump. But he doesn’t really know what he’s doing, doesn’t care to learn, just thinking he’s the greatest being in existence and everything bad is not his fault.

  • Pyr@lemmy.ca
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    2 days ago

    What about the kids who were lucky to get 2 dolls prior to the trade war? Shit outta luck I guess.

  • xorollo@leminal.space
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    2 days ago

    We are already at a family video game for the kids to share and a really good dinner for the week.

  • Carjacklavinder@reddthat.com
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    2 days ago

    Except a doll is $10 for the crappiest model, meaning were already only getting two dolls in the average budget. With that logic, we’ll have to save up for the doll parts and assemble a single doll ourselves.