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U.S. stock futures plunge ahead of Monday open as Trump tariffs shock continues (www.nbcnews.com)

submitted 4 months ago by cm0002@lemmy.world to c/usa@midwest.social

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[–] rebelsimile@sh.itjust.works 5 points 4 months ago (1 children)

You can’t manufacture leverage like that. The “imbalance” he’s talking about didn’t exist in the first place. If he drops tariffs, he’s still in a materially worse position than when he started. He would need to provide concessions to get other nations to drop tariffs.

[–] alaphic@lemmy.world 5 points 4 months ago

Or as I like to call it: The "Play Shitty Games, Win Shitty Prizes" Principle