Krasnov saves the climate (and Russia)

 

Mr. Krasnov (aka Donald Trump) has made true on his campaign promise to save the world from the impending climate disaster. By levying a global round of customs tariffs he succeeded single handedly to shrink the world economy by (a still to be calculated) x percent, returning it to levels of CO2 output last seen in 200X or 199X. A herculean task skilfully performed which promoted Krasnov's candidacy for honorary leadership of the Last Generation NGO.

As could be expected, Krasnov has exempted Russia (the only country) from the new customs tariffs. Cheap vodka for the U.S. Sa Sdorówje!

Ihsan al-Tawil
 

BRUSSELS — Washington and Moscow are in talks to revive the Nord Stream gas pipelines, Russian Foreign Minister Sergey Lavrov said, as the Kremlin vies to regain a foothold in Europe amid the prospect of a ceasefire in Ukraine. "There is talk about the Nord Streams," Lavrov told Russia’s state-controlled Channel One TV station, according to a readout shared by his ministry Wednesday. "It will probably be interesting if the Americans use their influence on Europe and force it not to refuse Russian gas." (editor's bolding)

POLITICO
 
 
 
 
The Krasnov tariff calculations based on massive error, Axios says:
 
 
Source: United States Trade Representative; Graphic: Kavya Beheraj/Axios

"The formula used by the Trump administration to levy reciprocal tariffs contains a serious math error that over-inflates the impact by about a factor of four, economists at the American Enterprise Institute said."

The BBC is reporting that, in a not-at-all shocking development, the US and China have agreed to reduce mutual 100+% tariffs by 115% for 90 days.

Removing idiotic tariffs you only just imposed is not a trade deal, it's a capitulation.  Krasnov, of course, will spin it as a "trade deal" just as he did a few days ago when he removed tariffs on imports from the UK and got almost nothing in return.

Much of the damage, of course, cannot be undone so easily.  The rest of the world no longer sees the US as a reliable partner, and the US cannot even begin to fix that perception while Krasnov remains in office.

Rusty Sword of Truth -- Daily Kos.

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