The world reacts to Trump's sweeping tariffs: 'No basis in logic'
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I don't buy that Trump has anything to do with the logic behind this world-destabalizing shock and awe spectacle.
The conversation would be different if people stopped attributing authorship to him and acknowledged the massive decades-old machine using him as a mouthpiece.
But it sure makes people feel smart though. Gives them something to meme about while the people who planned this get the real dirt done. Maybe he'll misspell a country name next... Do another ad for Leon's dinkeys, Israeli beans or something. Stoopid Donald got poopy pance. lol.
The conversation would be different if people stopped attributing authorship to him
Is there a lemmy channel for those conversations?
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D-bag works well enough for my purposes
Sure, whatever works for you.
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So, now $1 per banana is now real, wow. A complete bunch on my country costs that... We are banana exporters we are the banana republic...
It's one banana, Michael. What could it cost? $10?
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Well just to be fair - and i know people like shitting on Trump but hear me out - the complaints from workers against out-shoring labor to other countries has been very loud for many years.
Everytime the newspaper reports "Company X has moved its factory to China" you can be sure that lots of people are gonna complain about it. But tariffs are the only thing that actually forces companies to put the factories back to the USA. Or do you have a better idea?
But tariffs are the only thing that actually forces companies to put the factories back to the USA. Or do you have a better idea?
I mean no... And, how about accepting that the US is no longer a manufacturer, and that's just fine in a global economy
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Just unfathomably stupid.
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Lmao wat.
I’d ask if you’re serious, but I’m also sure you are.
Honestly, I was expecting this administration to be mind-numbingly stupid, but somehow they keep finding ways to surpass my expectations on that front on a daily basis. I’d be impressed if it wasn’t so catastrophic.
I saw someone here explain it well... That when you try to understand the depths of the idiocy, you get the same feeling you do when you try to comprehend the size of the universe
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Summary
Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.
The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.
Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.
Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.
You know what's fun? Cancelling stuff and citing the reason as 'tariff-related inflation'. It's too new and there is no response script yet, so customer service doesn't really argue.
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Nope, not for every country. Russia is missing from the tariffs
Overview In January 2025, United States exported $34.9M and imported $196M from Russia, resulting in a negative trade balance of $161M.
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I think Trump doesn’t want to trade at all. He wants us to produce everything we need.
I'm actually pretty down with that that. We should be able and ready to produce whatever we need in case another country does what trump is doing or something happens that would prevent trade. If China attacks Taiwan, we should be able to produce our own chips. We should be able to function with as little dependence on other countries as possible.
In no way do tariffs fix that. You invest in yourself, slapping your friends because they're better than you at something is really fucking stupid.
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The entities with the established distribution networks will make the money, not the little guy who makes their own little story.
If I write a little seld published novel, under your system, Hollywood can just take that story and make a movie of it without my permission. How is that better? You think more people pirating will take down these mega corps? Your system is chaos that's even worse than the current model.
They can do so currently by making a couple of minor changes and settling for a pittance because your lawsuit would bankrupt you.
"Chaos" is a better system than one benefitting corporations only.
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But tariffs are the only thing that actually forces companies to put the factories back to the USA. Or do you have a better idea?
I mean no... And, how about accepting that the US is no longer a manufacturer, and that's just fine in a global economy
tell that to the workers
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tell that to the workers
I mean we did like 40 years ago...
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the "logic" is pretty much as you described it. Only, after charging yourself with the extra tax on Walmart purchases, you obviously can't afford Walmart any longer, so you learn to make your own soap with ash and the fats of animals that you have started breeding in your own flat.
Or your neighbour does all the work instead of you, so you decide to buy soap from them. They're next door, while Walmart is across the county line, so you decide you won't charge yourself the extra self-tax with your neighbour.
Walmart"s soap, which used to be $2, is now $3, while your neighbour's soap is $2.50.
A week later your neighbour sees that demand for their soap is huge because everyone is self-taxing. So they raise their price to $2.95 to make extra profit.
In case you think this is just a contrived fiction, this is exactly what happened to many goods, like solar panels, with Trump's first-term tarrifs. Americans paid over double the average world price for solar panels.
Worse still, Trump knows this happened, yet somehow this time will be completely different. <sigh>
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Summary
Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.
The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.
Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.
Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.
The point is to make China the new boot on the throat of the human race instead of the US
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I mean we did like 40 years ago...
40 years ago knowledge workers were in high demand, and IT was booming. Now, IT is enshittifying, so what do the workers do next? Where do they go?
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Maybe calculated tariffs on commodities where companies are contemplating outsourcing, but that's a step you take in advance in order to dissuade their action. This is like making the whole school sit with their heads down through recess because one specific kid was unruly.
because one specific kid was unruly
Edit: There wasn’t even an unruly kid.
Well, outsourcing labor was a mass phenomenon in the last 50 years.
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You need to have a plan in place before doing this to even think about bringing manufacturing back here. And tariffs need to be like the last part of the plan
I agree that a plan is needed. Still, what would be the other parts of the plan? Tariffs are the only really impactful measure, it seems to me. Tariffs on import and subsidies on export.
Also, maybe Trump is so "on-off" with the tariffs to give companies a warning to bring back manufacturing to the US, and them lifting them again to not cause a recession, giving them a few years to set up the infrastructure, and then re-install the tariffs. One needs to look for the "good outcome", sothat one steers in that way.
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Because that means you supported Trump, regardless of what you say, your actions helped put him in power.
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Summary
Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.
The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.
Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.
Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.
Dead horse economics:
Wake up you lazy horse!
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The entities with the established distribution networks will make the money, not the little guy who makes their own little story.
If I write a little seld published novel, under your system, Hollywood can just take that story and make a movie of it without my permission. How is that better? You think more people pirating will take down these mega corps? Your system is chaos that's even worse than the current model.
Your dilemma essentially translates to "wahh, he stole my idea!"
You're also missing the forest for the trees, again. How is hollywood going to make an egregious amount of money off of 'your' idea without copyright and patent laws? Without them, piracy isn't piracy. It's just a normal and legal way of sharing media.
Sad watching how hard you people go to bat for your oppressors, but it really puts into perspective why things are the way they are.
The average person just can't see past their conditioning or how hard they've been indoctrinated to support a system that works against them. In the words of Mark Twain, "it's easier to fool a man than to convince him he'd been fooled."
