Trump’s tariff policies have not only opened the door for corporate America to flee overseas or consolidate operations, but have also isolated the United States on the global stage. While companies like Tyson Foods are closing poultry operations and John Deere is sending factories to Mexico, the international community has refused to engage seriously in tariff negotiations with Trump. Refusing to negotiate. Trump has shut down talks with Canada, choosing instead to act tough and claim hollow victories. With the July 9 deadline on Canadian/U.S. tariff talks, it’s clear nothing will be resolved. Trump will likely push it back again, probably until after Labor Day. In the meantime, this self-serving psychodrama plays out as the economy struggles in the wake of the pandemic, with tariffs further slowing economic recovery. Like Nero fiddling as Rome burns, Trump shows no regard for the long-term economic damage being done.
Trump opening doors for corporate America to flee or use tariffs as an excuse to consolidate operations.
- Thread starter Ceiling Cat
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