edit: oops I thought I was linking to the article: https://www.freightwaves.com/news/tariff-shockwave-leads-to-collapse-in-ocean-container-bookings
Tariffs on China imports by the Trump administration led to a collapse in trans-Pacific ocean freight bookings by U.S. importers.
Trump definitely did not intent to do that - but this is a good thing for the environment. If we end up in a global shrinkflation, this might berge worst way to reduce our carbon footprint, but it will probably be the long term consequence.
Hurray for Trump’s idiocy!
Seriously though. I’ll sacrifice this capitalistic nonsense to save a habitable environment.
Goddang that gif makes me laugh
But what if, now hear me out, we tow the entire thing OUTSIDE the environment?
Yeah, I live in Korea and usually this time of year the air quality is absolutely shit. However, due to the trade war, some factories in eastern China have closed and this apparently led to the great aqi forecast the past week or so.
Shrinkflation is when somebody sells you less of a product for the same price.
What you mean is stagflation. That when you have high inflation and a shrinking economy.
At any rate this is really great news for the environment.
I want to agree, but this does not bode well for food trade. Less shipping overall means less economy of scale, which hurts everyones access to food.
Kind of like when COVID cleared up the air for weeks. Of course that was also awful for the economy, but it’s almost like our normal way of overconsumption is killing the environment…
This is exactly what I was about to say.
I was gonna say - is Trump accidentally helping the environment??