oh no, how will Spain handle not being able to get American exports???
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It's fun to joke about, until you realize that this is horrifying news; as it eliminates almost $30B worth of trade. (Source taken from 2024 Spanish data) The US exports a ton of fossil fuels and industrial equipment. The more the US cuts themselves off, the more the global economy gets disrupted. This is once again, a losing situation for everyone.
The upside is that it has the potential to bring Europe even closer together.
crazy it hasn't happened yet
Which also means that the people behind trump are also going to lose money. He can't piss off his handlers.
Agreed, the man will listen to "the market"
They’ll pass any loss on to the American people, whether that’s jacking up prices or the government bailing them out with our tax dollars. What remains to be seen is just how much his average supporters will tolerate and justify until the cost to them becomes unbearable. I hope more nations follow this lead; cut us off or get him to cut your nation off, strangle us economically and make us a pariah on the global stage. His loyalists and bots and foreign bad actors may be a loud minority on the internet, but they’re still a minority and getting a free pass to be a western male chauvinist isn’t going to keep party-line voters content when their businesses fail, their mortgages default, and their kids start dying in Iran.
yhea, but it's like ripping of a bandaid. the sooner the US turns into an isolated pariah state, the better
the sooner the US turns into an isolated pariah state, the better
And of the millions of people living in the US, all the minorities, all the people who didn't vote for Trump, all the vulnerable... just... fuck 'em?
I don't really want an isolated pariah state with nukes, 10 aircraft carriers and the biggest army on earth. I think that's going to make things even worse for everyone on earth.
imperialist BS, the US fucking over the globe for your benefit is good for you. the world stopping the US from fucking over the globe, which means it'll just fuck over it's people, is bad for you.
It'd be nice, but the US is way too involved in global trade to be brutally fucked with like that. It's China, then the US. The US is currently bleeding like a stuck hog, but it can bleed a very, very long time.
Maybe losing in the short time, but getting rid of fossil dependency is in my opinion a good thing. And most of the other things have (maybe suboptimal) alternatives.
Also, now Trump has no leverage against Spain, so that's another good thing? And its time to increase trade with China, India, etc. 😸
Yeah! less fossil fuel dependency is great! But losing out on ~$10B worth of energy fuel is insane. Spain will need to make it up somewhere else, for probably more money. It will put a small strain on the fossil dependent sector of Spain, which is are usually near urban centers, if I'm not mistaken.
Also, there's still the other 60%, over half of that industrial equipment. All I'm saying is, these things put strains on everyone, and it's almost always gonna be poor people who take the worse hit and I just detest that. American laborers, who are in the manufacturing of these exports, many of whom did not vote for this. Spanish citizens who have a pretty good shot of seeing some small increases in prices. It's just all so asanine.
edit: fucking forgot cause I'm a big dummy. petrol is mostly used for tankers in exporting, so petroleum shortages will lead to more decreases in a country's gdp
Im sure china has something they can use
I hope Carney builds up Canada's Spain trade relationship more. It honestly seems like a pretty cool country. Middle power countries should just use Trumps various outbursts to excise the states if need be, and to support each other. Someone else noted that the US primary exports are fossil fuels and machinery -- Canada's already exporting a bunch of machinery that way, and clearly has some fossil fuels available.
He has not cut trade. He said he is going to cut trade.
He's going to tapas out
That is not just politically impossible, oh the lawsuits, but physically impossible. Not for weeks at the very least. His attention span is approximately 18 hours. So TACO.
Good. I wish the rest of Europe was this based.
Spain got balls , big beautiful balls , bigger dan dtrump
¡Viva españa!
The pedophile strikes again.
Surely this will help the affordability crisis.
So, like, Spain no longer has access to any US trading businesses? No more Microsoft, no more AWS hosted services, no more access to any business trading out of the USA? All US trade with Spain?
Or... is he just lying?
Given that Spain is a part of the EU and the US can't have independent trade agreements with member nations of it - a thing that Angela Merkel infamously had to explain to Trump multiple times while Trump kept pestering her at a meeting for a US/Germany trade agreement - I'd say lying. Assuming you don't charitably count "too pudding-brained to understand what he's talking about" as something other than lying, I suppose.
And nothing of value was lost.
Didn't America start because some rich folks didn't like the idea of a crazy guy who acts like a King taxing imports on a whim?
Fuck you trump, keep your shit in your diapers you orange pedophile.
One thing I've been wondering through this whole story is does the US need Spain's bases at all here? I mean we have a lot more bases a lot closer. So it's all just posturing right?
He's such a child.
I look forward to hearing about how all the countries who are holding US bonds decide to sell them, crash the USD, and switch to the Euro as the new global reserve currency. Because that’s how this is going to end. And that’s one of the reasons I’m looking more seriously and concretely into moving to Europe permanently.
We? Fuck you Trump, I want my vermut!