- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
Among the reciprocal tariff levels Trump announced:
China: 34%
European Union: 20%
South Korea: 25%
India: 26%
Vietnam: 46%
Taiwan: 32%
Japan: 24%
Thailand: 36%
Switzerland: 31%
Indonesia: 32%
Malaysia: 24%
Cambodia: 49%
United Kingdom: 10%
Rest of the world: 10%
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“our country has been looted, pillaged, raped, plundered”
by other nations selling their goods to us cheaply, and by them accepting our Dollars that cost us nothing to make for it!!
I don’t think Trump understands the benefits and privileges for USA of having the top international reserve currency.
But maybe if he ruins it quick enough, he may find out?Play stupid games and win stupid prices.
I mean, this will suck in rhe short term, but these companies will exit the U.S. market if it gets to be uneconomical, and we’ll be fucked, not them. Trump’s I Am sO sMaRt comments all the time will make him look like an even bigger idiot than he already does.
If we actually want manufacturing in the U.S., give companies incentives to do business here. This is the opposite of incentives.
What is looking like more of an idiot than he already does going to accomplish? He’s the most idiotic politician in living memory, by far, and there are some absolutely colossal morons on that list. The people who haven’t figured that out are never going to. They will be praising him until the day they die.
Never underestimate the destruction that stupid people in position of power can do.
If we actually want manufacturing in the U.S., give companies incentives to do business here
Like the CHIPS act? The EV and related items? Infrastructure? High speed rail (most of which has a made in us requirement)? What happened to those again?
The current administration is trying to pull the funding back even tho its been appropriated by congress. Funny how congress isn’t doing anything about it.
The glue eating rageaholic is doing the opposite of this. He’s going to tarrif farming EXPORTS from the US.
Never in our history has america had such a stupid president.
Wait, what?
Conveniently left Russia out. I wonder why.
Russia and North Korea.
It’s official. We are the baddies now.
If we can’t buy anythibg from North Korea, what would be tariffed?
They are rest of the World. How dissrespectfull.
Boycott the USA. Do not consume American products. Do not travel to the US. Cancel your subscriptions, find alternatives or pirate their software and media. Make Americans tourists feel unwelcome.
But like, could I come visit if I need to seek asylum? That would be different than tourism, right? I’m not really happy or comfortable with the situation here, nor have my efforts been able to change other people’s views (e.g. make them think about consequences).
Ok to be fair… You may come as long as you’re a queer / trans baddie or if your name is Luigi, or take the “death to America” pledge. 😌
Deal. I stopped pledging “allegiance to the flag” over a decade ago when I realized this wasn’t a nation with “liberty and justice for all”. I’ll also bring some trans baddie friends with me.
Why would I say that? The country is already dead.
“Death to America” is no longer a call to action; now it’s just remarking on current events.
Make America go away!
Not sure about that part.
I get where you’re coming from, but the whole tourist thing . . . remember half of us fucking despise Trump and his merry band of fascist fuckwits.
isn’t this just going to fuck up the US economy rather than meaningfully affect any other country? you don’t fucking produce anything worth a shit anymore.
Trump has no idea how the economy works, his wealth is propped up by Russian oligarchs laundering money through his assets.
This move is almost certainly being directed to him through foreign agents the traitor has as advisors (though they consider themselves handlers) on behalf of Putin and other regimes hostile to the US who back door’d their way into the situation through his greed and lack of morality.
Also intentionally crashing the economy to hurt political enemies and cause civil unrest (mass government firings = lots of educated qualified people out of work, also drives down wages of other educated qualified people). Techo-fascist corporate cities and Gilead don’t need a Dow Jones index.
He is gambling on the fact that Us economy can hold off longer than other countries and they’ll cave
It’s like two people holding their breath bad for both but neither wants to lose
Cave about what though?
Tariffs. Donald wants other countries to have less tariffs on American products
Those numbers on his poster are made up and don’t reflect actual tariffs that exist and can be cut.
Yep, they just took the trade deficit to each country and turned it into a tariff 😆
Oh no. We produce stuff. The best weapons for killing people are made here.
Why the fuck is our media so bad that they blindly accept Trump’s bullshit line that the tariffs are “reciprocal”? Are they just stupid or have they been paid off? Do they not know the meaning of “reciprocal” or are they just too fucking lazy to question the White House’s rhetoric even a little bit?
The state of the United States makes me sick. We’re being robbed blind by the oligarchy in broad daylight while the media gleefully amplifies the administrations lies.
FYI , HERE is the most up to date list (including Turkiye, Israel and some others)
Most headlines I see are going with 10%, which is a big understatement.
It’s because they’re run by billionaires. Even liberal, big outlets harp on cultural issues to redirect focus.
Trump: Meta will invest $500 billion.
Truth: Meta will invest around $60 billion.
Thats a gross mis representation of what’s factually correct in monetary terms.
This fucking asshat is going to sink the American economy. No major company is going to do this. Why would TSMC spend “$500 billion” to build a factory?
Them just paying the tariff would be less than building a new factory. They just need to survive trumps term and frankly, when the U.S. can’t get chips at an affordable price from Taiwan, those tariffs will fall away like a pillar f sand during high tide.
Absolutely dumbest fucking turd on the planet.
Americans will be paying the tariffs, not foreign companies.
Well they’ll also be paying it in reduced revenue lmao everyone loses
I’d love to open the news one evening and not feel like we’re another step closer to the apocalypse.
Honestly, fuck Trump. Where my Luigis at?
GlObAL ReCESSioN
Can they fucking stop threatening us like we’re stupid children? Life has been getting more expensive worldwide for a decade and we all know now who is to blame.
I don’t fucking care about new toyota prices in the us, I want to buy potatoes in poland. Fuck off with your recessions and bullshit economies.
Can they fucking stop threatening us like we’re stupid children? Too be fair… The majority of those who voted are clearly stupid (not as stupid as a child though, a rock would be a better description) . So it’s fair game of them to make use of that statistic.
In 2020, I thought Covid might crash the economy. You know, history repeats itself. But oh, was I wrong; it’ll all be caused by a single fuckwit which deserves to be tortured.
Fuck anyone involved in making the world a worse place. I hope they all die in fucking agony.
Together, we can make that happen
The crash in 2020 was twice as deep as it should have been. The markets were spooked by a president repeating conspiracy theories instead of reassuring people while health organizations were scrambling and panicking.
Did you happen to notice the one country not on the list?
Here I’ll give you a hint it’s name starts with an “R” and is run by a man who’s name starts with a “P” and is currently at war with a country that starts with a “U”…
Well technically R would fall under the category “rest of the world”, no?
Fuck Cambodia specifically. Trump probably got a bad VD from there at some point.
The horrible cruelty regarding Cambodia is that the reason they have such a high trade deficit is that most Cambodians are too poor to be able to begin to afford anything that America has to offer.
It’s one of the poorest countries in Asia, they could cut their tariffs to 0% and the net effect would be less than the measurable rounding error on total American exports.
Trump is going to tank the economy of an already poverty-stricken country and plunge it into exactly the kind of instability that destroyed it once already just because “fuck you, give me more”.
https://www.youtube.com/watch?v=d1cbTKX4Lzo&list=PLf03ejEKGKxyGu4G3QCLWhXefQvgG1EEH
If anyone wants to learn more about America’s actions in Cambodia, check out Blowback.
Probably got a surprise when he went to grab a ladyboy by the pussy.
Whelp, guess I’m joining the Boycott US movement
Edit:
Swapped Google for Ecosia
Brave for Librefox (also swapped Firefox Nightly for Iceraven on mobile)
Swapped Uber for Bolt/Uber Eats for Just Eats
Everyone should be boycotting the US, especially those inside of the US.
For people inside the US doesnt paying for the tarriffs just means more money going into this administration? Better to only purchase things if you absolutely have to
It doesn’t necessarily give them more money as the tariffs regulate what we’re required to pay a supplier for a good. There’s not like a government fund it goes to or anything (unless my understanding is wrong). But not buying US products outside and inside the states is basically accelerationism on the economy. Which will hopefully wake people up so we can take this shit back for the people (and not just destroy all civilization which is what recent accelerationism has been about). The faster people rise up the less we have to rebuild, hopefully.
This gold from wallstreetbets:
Soooo is the tariffs charged to the United States really a ratio of the trade imbalance?? For example Vietnam imported roughly 14.6 billion in goods from the United States, and we imported around 146 billion, so thus they have decided tariffs are 90% to the United States…thus we are putting a tariff on them of half of that…which means we are literally tariffing the goods we either a)need more or b) get more efficiently at a higher rate? That may be the absolute dumbest way to create a tariff policy I could imagine if that is the case…which it looks to be.
https://old.reddit.com/r/wallstreetbets/comments/1jpzhje/tariff_chart_released/ml476s7/
