Summary
An international boycott against US goods is intensifying across Canada, Europe, and beyond in reaction to authoritarian policies and trade tariffs under Trump’s second administration.
Consumer boycotts have notably hurt Tesla, exacerbated by Elon Musk’s role in Trump’s administration, causing Tesla’s share price to plummet.
Cultural boycotts, including canceled tours and rejected US-made products, are widespread, reflecting anger over US policies and Trump’s stance on Ukraine.
Analysts emphasize this unprecedented backlash signals declining global trust in the US, with a shift towards ethical consumerism driven by political anger and activism.
Love to see this! Not sure it will gain enough momentum though. I think it will cost too many economies too much to boycott US markets for an extended amount of time.