I can’t speak for every country, but I know that the UK (where I’m based) is looking at a GDP shrink of around 1%; though given our ‘special relationship’ with the US, and our FAFO era with Brexit, we’re probably more dependant on American trade than your average long distance ally (or should I say former ally?), so I could definitely see other countries breaking even or even profiting from it.
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It will still cause other countries economies to shrink, as most economies are interlinked in the modern age; but even with the loss in GDP, removing US trade/tech/military reliance is definitely for the better imo. The USA positioning themselves alongside Russia has woke up the rest of the world to the fact that America isn’t simply arrogant… It’s also dangerous.
I don’t see a way back for the US in all honesty. The problem isn’t the rogue state behaviour, it’s the virile support for such actions seen from many of their citizens. In the coming years we’ll no doubt see American military bases being shutdown across the globe, in retaliation to their animosity, and it will only continue further until the US is a pariah state.
I suppose it’s some solace that the democrats are able to somewhat slow the implosion of the US through the senate, but that won’t be enough to stop them falling out of favour with the rest of the world, and thus losing a huge part of their power. And I have to wonder, is this the exact outcome Putin wanted (America surviving, but struggling… Allowing them to exist as the bad guy, Rather than complete desolation), or just a happy accident after getting Krasnov elected?.
javiwhite@feddit.ukto World News@lemmy.world•Live updates: Trump announces sweeping tariffsEnglish101·6 days agoMost of the kit that is made in US uses parts distributed by other countries… So even domestic sales of US created products are likely to be impacted. Gotta give it to Krasnov, he’s doing a bloody good job at the task he’s been set.
Acting like they can’t do anything without the US?
The continent is prepping for a US & Russian led invasion if anything (none of which are to be purchased from the US either)
EU to tax US digital services in response to trump’s tariffs
EU push for an alternative to US operating systems
Whilst it was true that the EU relied on the US for many things, (the primary being digital services), they’ve proven themselves to be a dangerous partner who has shown active disdain for us, the movement to exile American tech has begun, and will likely end in a similar vein to how Chinese tech is viewed here.