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1. Embed this notice
   MoiraEve (moiraeve@mastodon.world)'s status on Wednesday, 12-Feb-2025 08:14:39 JST MoiraEve

   From Morning Consult: Voters are turning on Trump’s economic and trade approach
   (and a whole lot more, but that’s just from me)
   And I should think so! Farmers are bearing the brunt of these trumpTaxes and then it’ll be food consumers—us!

   • Embed this notice
     HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:15:26 JST HistoPol (#HP) 🏴 🇺🇸 🏴

     in reply to

     @MoiraEve

     #TrumpCoup by the #TrumpMuskDuumvirate
     #USpol
     #Tariffs #Economics

     (1/n)

     Exactly. In my view, the reactionary, #Mercantilist #TradePolicy based on insane tariffs, in combination with the gutting of #Federal #US institutions will chiefly lead to two things:

     1) US corps, who've become experts at #Shrinkflation, will continue to boost profit margins, despite imported inflation through the global #TradeWar that tRump ignited.

     2) This will result in

     a) yet another...

   • Embed this notice
     HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:16:12 JST HistoPol (#HP) 🏴 🇺🇸 🏴

     in reply to

     @MoiraEve

     #TrumpCoup by the #TrumpMuskDuumvirate
     #USpol
     #Tariffs #Economics

     (1/n)

     Exactly. In my view, the reactionary, #Mercantilist #TradePolicy based on insane tariffs, in combination with the gutting of #Federal #US institutions will chiefly lead to two things:

     1) US corps, who've become experts at #Shrinkflation, will continue to boost profit margins, despite imported inflation through the global #TradeWar that tRump ignited.

     2) This will result in: ...

     https://www.youtube.com/watch?v=SMSNpq4K67o

   • Embed this notice
     HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:16:27 JST HistoPol (#HP) 🏴 🇺🇸 🏴

     in reply to

     @MoiraEve

     #TrumpCoup by the #TrumpMuskDuumvirate
     #USpol
     #Tariffs #Economics

     (1/n)

     Exactly. In my view, the reactionary, #Mercantilist 2) #TradePolicy based on insane tariffs, in combination with the gutting of #Federal #US institutions will chiefly lead to two things:

     1) US corps, who've become experts at #Shrinkflation, will continue to boost profit margins, despite imported inflation through the global #TradeWar that tRump ignited.

     2) This will result in: ...

     a) yet another...

   • Embed this notice
     HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:19:04 JST HistoPol (#HP) 🏴 🇺🇸 🏴

     in reply to

     @MoiraEve

     #TrumpCoup by the #TrumpMuskDuumvirate
     #USpol
     #Tariffs #Economics

     (2/n)

     ...#redistribution, "trickling up", of wealth, and power(!), to the #TechnoFeudalists 1) and #oligarchs

     b) a massive weaking of #US influence globally, as #tRump alienates its closed allies, e.g. #NATO and #Canada/ #Mexico, continuously showing how unreliable the #US are as a partner.

     c) a further reduction in product and service quality (#Shrinkflation,) as....

     1)
     https://www.youtube.com/watch?v=SMSNpq4K67o

   • Embed this notice
     HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:19:07 JST HistoPol (#HP) 🏴 🇺🇸 🏴

     in reply to

     @MoiraEve

     #TrumpCoup by the #TrumpMuskDuumvirate
     #USpol
     #Tariffs #Economics

     (2/n)

     ...#redistribution, "trickling up", of wealth, and power(!), to the #TechnoFeudalists 1) and #oligarchs

     b) a massive weaking of #US influence globally, as #tRump alienates its closed allies, e.g. #NATO and #Canada/#Mexico, continuously showing how unreliable the #US are as a partner.

     c) a further reduction in product and service quality (#Shrinkflation,) as....

     1)
     https://www.youtube.com/watch?v=SMSNpq4K67o

   • Embed this notice
     HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:20:21 JST HistoPol (#HP) 🏴 🇺🇸 🏴

     in reply to

     @MoiraEve

     #TrumpCoup by the #TrumpMuskDuumvirate
     #USpol
     #Tariffs #Economics

     (3/n)

     ...foreign competition is priced out of the #US market by #Tariffs, but prices will not recede much, if at all.

     d) a further measurable #US impact in #GlobalWarming and the #ClimateCatastrophe.

     Ingnoring political and social repercussions, in my view, these outcomes will rip through the #US like the recent #LA wildfires, seen from an bi-annual, maybe only annual, perspective.

     s/: As writers from...

   • Embed this notice
     HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:24:14 JST HistoPol (#HP) 🏴 🇺🇸 🏴

     in reply to

     @MoiraEve

     #TrumpCoup by the #TrumpMuskDuumvirate
     #USpol
     #Tariffs #Economics

     (4/n)

     ...the 19th and 20th century popularized the saying, Ave Caesar, morituri te salutant, many residents will learn the meaning of this latin phrase of the late #Roman period./s

     PS:
     Historically, #Mercantilism 2) has never worked as officially intended, except for the smugglers and war-mongers:

     "#Mercantilism 2) led to the creation of #monopolistic trading companies, such as the...

     2)
     https://www.britannica.com/money/mercantilism

   • Embed this notice
     HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:26:27 JST HistoPol (#HP) 🏴 🇺🇸 🏴

     in reply to

     @MoiraEve

     #TrumpCoup by the #TrumpMuskDuumvirate
     #USpol
     #Tariffs #Economics

     (5/n)

     ... [#Dutch?] #EastIndiaCompany and the #French #EastIndiaCompany. Restrictions on where finished goods could be purchased 👉 led in many cases to burdensome high prices for those goods.👈

     👉 Commercial rivalry tended to result in military rivalry as well, notably during the Anglo-Dutch Wars.👈 Colonists seeking to get around the trade restrictions mandated by #mercantilism 2) resorted to...

   • Embed this notice
     HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:28:38 JST HistoPol (#HP) 🏴 🇺🇸 🏴

     in reply to

     @MoiraEve

     #TrumpCoup by the #TrumpMuskDuumvirate
     #USpol
     #Tariffs #Economics

     (4/n)

     ...👉 widespread smuggling👈 . The constraints of #mercantilism were a cause of friction between #Britain and its #American colonies and were arguably among the elements that led to the #AmericanRevolution. " 2)

     👉 To be sure, this knowledge is but an "Economics 101" or "European History 101" at college!👈

     //

     2)
     https://www.britannica.com/money/mercantilism