• queermunist she/her@lemmy.ml
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          2 days ago

          It’s certainly not bad for China. They’ll just continue to pivot away from US markets.

          Might be good for Mexico, they’ll become an even more important trading partner and on top of that China might to decide to park lots of capital in their country to get around the tariffs. Combine that with MAGA wanting to invade Mexico and we might see the collapse of NAFTA at the rate things are going.

    • davel@lemmy.ml
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      2 days ago

      How would we know? Ask the people at the World Bank who made it.