Japan’s Prime Minister Shigeru Ishiba has said he will not make “big concessions” to Donald Trump in order to get a trade deal wrapped up ahead of talks due to start on April 17 in Washington, but also said on Monday that he would not be imposing retaliatory tariffs on U.S. imports.
Ishiba told parliament that Japan needs to understand Trump’s views on tariffs and trade “in terms of the logic and the emotional elements” behind them, Reuters reported.
lol the
recessiondepression is happening no matter what, imo.It’s a matter of trust, and the fact that we (that is, the US) has destroyed international trust in the consistency of our geopolitical stance. That trust took literal centuries to build. And it was shattered in a matter of days.
A recession is a temporary setback generally around a couple of years. The contraction of the US economy due to lack of trust globally is locked in and will take who knows how long to recover. Of course I could easily be wrong but that’s my layman’s take at least.
The only good thing about Trump is that if America survives it will be forced to fix its system of government if it ever wants to become as internationally important as it was just a few months ago again.
Not really a matter of days. It’s been steadily eroding since the George W. Bush administration. Trump really accelerated the collapse, though.
Before, we were rolling down the mountain.
Now, we’ve just dropped off the edge of a cliff and are in free fall.