Everyone will be hurt badly by this, it is just the US that will be hurt worst of all because they started a trade war with literally everyone at the same time AND turned themselves into a hostile environment for migrant labor AND reduced spending on education.
The US also based their global economic position on the fact that they were the only major country left standing after World War II. The rest of the world has rebuilt itself since then but America stayed on top because they were too big to fail. If they fail anyway they’re never going to recover, since the circumstances that they originally benefited from don’t exist anymore.
This is hard on the whole world in a way that nobody is going to come out hurt less in any meaningful way.
Only one country doesn’t see that.
Everyone will be hurt badly by this, it is just the US that will be hurt worst of all because they started a trade war with literally everyone at the same time AND turned themselves into a hostile environment for migrant labor AND reduced spending on education.
The US also based their global economic position on the fact that they were the only major country left standing after World War II. The rest of the world has rebuilt itself since then but America stayed on top because they were too big to fail. If they fail anyway they’re never going to recover, since the circumstances that they originally benefited from don’t exist anymore.