As President Trump this weekend opened what could become a global trade war, a growing number of countries, including America’s closest allies, are forging their own economic partnerships without the United States. If Washington is putting up a higher fence around its trade, other nations are lowering theirs.

In just the last two months, the European Union concluded three new trade deals.

The bloc, completing negotiations that started 25 years ago, reached a major agreement with four South American countries in December to create one of the world’s largest trade zones, linking markets with 850 million people.

. . .

By punishing longtime allies with tariffs, Mr. Trump is encouraging other nations to form trading blocs and networks that exclude the United States.

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  • Damionsipher@lemmy.world
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    6 days ago

    I’m hoping we Canadians can move quickly to better establish trade relations with Europe, Latin America and Asia - specifically without US involvement.

    • HubertManne@moist.catsweat.com
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      5 days ago

      I mean the first priority for both mexico and canada should be mexico and canada. They are both getting dicked in the same way and they can easily ship things back and forth. They just need to go back to nafta with without the usa and call it no usa. Probably would be good to use euros as the currency of exchange though.

    • peregrin5@lemm.ee
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      5 days ago

      I’m happy for you guys if you pull this off. It’s sad for us but let’s be real, we did this to ourselves and deserve this outcome.

    • ra1d3n@lemm.ee
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      5 days ago

      Eigenschadenfreude

      Bewältigungsschadenfreude

      German is a bit like build your own word.

  • thefluffiest@feddit.nl
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    5 days ago

    Great. First, let’s boycott all the oligarchs: Tesla, Meta, Google and Amazon. Avoid them like the plague, use (preferably Canadian, European or South American) alternatives. Tell your friends and family, point them to alternatives.

    Second, let’s hit the rest of the US economy. We don’t need McDonald’s, Burger King, KFC, bourbon and sub par crap like that. Cancel your Netflix, Disney+, AppleTv or other superficial propaganda tool subscription. Better for your wallet and your health, and it doesn’t sponsor complicit Republicans.

    Don’t travel to the US, it’s an overrated, third world country failed upwards anyway.

      • orenishii@feddit.nl
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        5 days ago

        Just switched . MS became a horrible company with recall and other forced nonsense. Also try calling them, even on a “business support” , you get a telephone bot and you have to answer very specifically to get through to a human. I needed about 10 disconnects and trials to finally get there. Really happy with proton for mail and libre office for the rest.

  • KnitWit@lemmy.world
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    5 days ago

    Love it, Trump is sanctioning us for being dumb enough to re-elect him. Is there a term for the schadenfreude you get when just trying to cope? Copenfreude?

    • xmunk@sh.itjust.works
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      5 days ago

      But what will we ever do without the diabetes inducing ultra processed foods and high fructose corn syrup?!

      • scutiger@lemmy.world
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        5 days ago

        We grow enough corn that we could have our own high fructose corn syrup, with blackjack and hookers.

  • SoupBrick@pawb.social
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    5 days ago

    Please do! With it’s current behavior, the US does not deserve to sit at the adult table.

  • MrSilkworm@lemmy.ml
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    5 days ago

    Well , I guess that for some reason the US is not going to join the the trans-Pacific trade bloc