77
8mon
17

China's Zero-Tariff policy for developing countries vs US "Reciprocal" Tariffs

https://lemmy.ml/api/v3/image_proxy?url=https%3A%2F%2Fiili.io%2F3cwSlKN.jpg
HiddenLayer555 - 8mon

Wait US tarriffed Israel wtf?

17
Blue_Morpho @lemmy.world - 8mon

But not Russia. Trump has his priorities.

1
davel - 8mon

What’s the point of tariffing a country that you’re not trading with because you’ve sanctioned it?

12
taiyang @lemmy.world - 8mon

The counter to that argument are places like Syria where there's a tarrif and sanctions, or again those islands with just penguins that clearly don't do trade. They simply ran an AI slop algorithm then excluded Russia just because.

4
Cowbee [he/they] - 8mon

Neither Cuba, or the DPRK. Instead, heavy sanctions are already in place.

5
Blue_Morpho @lemmy.world - 8mon

We still do billions in trade with Russia. More than most of the small countries that Trump tariffed.

1
P00ptart @lemmy.world - 8mon

*knows his limits

3
taiyang @lemmy.world - 8mon

Just to remind people, most sane countries do this for soft power. You want influence and dependency on your markets, it's way way better than whatever short term gain you get from taxing you own people for imports.

Same for USAID, it's in all competing countries to fill that void and gain that goodwill since it also makes you safer and less prone to terrorism or influx of migrants at your doorstep.

Edit, I should add China is one of the more aggressive tarrif countries on developed countries, but even that's stuff like 6%, not fucking 30%+, plus they have more strategic reason to do so.

5
geneva_convenience - 8mon

USAID was a tool to destabilize opposition not stabilize it. It is one of the primary causes of migrants.

8