this post was submitted on 30 Jun 2025
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Yeah there's definitely a big picture
I just can't take anything the current US admin says as serious, so when they say they'll walk away I would want to call that bluff.
I think at this point we're just buying time to diversify trade. It's incredibly stupid to to think factories can be built in two weeks or even that businesses can source products from suppliers in other countries in that time frame. This is seemingly what Trump thinks, but yeah, it's stupid.
So I'm hoping they're doing everything needed to end dependence on the US in the background while mitigating the impact of Trump's nonsense in the short term. But as @sbv@sh.itjust.works says, we can't really know we're just reading tea leaves.
You're right. There's no "done" here. There's a tonne of work to be done to diversify our economy and trading partners - it'll be an ongoing burden because we don't have any other adjacent markets.
Anyhow. My perspective isn't as gloomy as other commenters. There were international rules around digital services taxes being negotiated before Trump came along. AFAIU they stalled, but this crap seems like a good reason to get them started again.