Dude that makes no sense at all. He wants to depreciate the dollar by putting on tariffs, an action you yourself admit depreciates all OTHER currencies, thereby increasing the value of the dollar?

Then after that he’ll “negotiate” to have the other countries to appreciate their currencies? By buying US goods and companies?? Both of those things appreciate the US dollar. China has been selling their goods to the US (something which should appreciate their currency) without appreciating their currency by buying property and companies in the US so they never have to use the US dollar to buy their own currency. This increases the value of the dollar while decreasing demands for the Chinese currency. This has been widely seen as unfair currency manipulation by China.

Things that increase demand for US dollars such as buying US goods and investing in the US APPRECIATE the value of of the US dollar. I haven’t read the article yet, but I hope your summary is incorrect, because Varoufakis is generally a very intelligent left wing thinker and I would be surprised to see this kind of gaffe in basic economics.

Edit: here is a link to the article since the one above didn’t work for me.

https://www.yanisvaroufakis.eu/2025/02/21/donald-trumps-economic-masterplan-unherd/

While tariffs would work against Trump’s plan (by deppreciating foreign currencies) they give Trump revenue he can spend with congressional approval. Then for the countries that make a deal he’ll either force them to appreciate their currencies by swapping US dollars for their own currency (to depreciate the dollar), OR make them buy very long term US bonds (stabilizing the US debt markets) and buying US weapons (diluting the cost of US military R&D). Trump hopes this lets him depreciate the dollar while keeping it as a reserve currency (having his cake and eating it too).

This is YOUR post about how Zelenskyy wants peace and Trump and Russia are being a massive piece of shit. I’m AGREEING with you. Why are you being so hostile??

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Trump’s tariffs are universal. Meaning that even in cases where the only practical option is Canada, for example potash, they have to suffer a direct 25% price increase.

The Canadian tariffs are highly selective, we only tariff goods that have alternate non US suppliers at similar prices. In this case the tariffs would mostly reduce market competition without directly affecting price.

I think the better approach is to not enforced the digital lock aspects of the free trade agreement and have Canada be a leading repairer of farm and industrial equipment.