They really, really do not want Trump to win. The thing is, if Trump wins, America wins. Too many countries have high tariffs on American goods, yet, America has low or no tariffs on imports. One would think the American news media might root for America
Why Trump May Get Away With His Tariff Trauma
As President Donald Trump announced historically high tariffs across the world this week, I expected a number of affected governments to rapidly and collectively fight back.
Instead, with the exception of China and a few scattered reprisals from allies, we’re seeing mainly cautious reactions. Foreign officials are talking about “calibrated” responses and keeping a “cool head.” Some are clearly hoping diplomacy will persuade Trump to back off some or many of his tariffs.
Or, they could remove the majority of their tariffs and have free trade with the US, allowing our goods into their nations with the same low, or no, tariffs we put on their goods coming into America
In conversations with diplomats, economists and former U.S. officials, I asked why. Weren’t they concerned this muddled, cautious global reaction would be too weak to persuade Trump to change course, or even embolden him to get tougher?
But these experts argued that there are compelling reasons many governments are not acting fast or in unison — not the least of which is that the world’s countries are not good at collective action, and many believe they have a better shot at accomplishing more, for themselves at least, if they avoid escalating the fight with Trump.
Besides, it’s not at all clear if any moves by other countries will deter Trump’s tariff mania.
One would think that Politico writer Nahal Toosi, who escaped from Iran with her family when she was 6, might root for America. But, she went to very liberal UNC Chapel Hill and has spent a lot of time working for very liberal outlets, and has seemed to criticize American policy, at least when Bush 43 and Trump were president. And, criticized Israel, of course. Is it really too much to ask for American news outlets to support America? Maybe American news outlets should be trying to convince foreign nations to change their course and axe their tariffs on American goods.
The European Union is a long-established exception on the trade front, obviously, and it is preparing at least two sets of retaliatory tariffs, though it’s spacing them out, reportedly in hopes of negotiations. But other groupings have yet to emerge to take on Trump’s tariffs.
They could negotiate for equitable tariffs. They could significantly reduce theirs.
Even if that day comes sooner than expected, one thing is for certain: One of the biggest costs of Trump’s trade war is the trust of other countries in America as a stable, reliable pillar of global trade.
In other words, Americans are just supposed to sit there and take the tariffs other countries place on the goods they make and ship from the US.
But, screw those penguins
Read: Politico Seems Upset That America May Win With Tariffs »