Live updates: Trump announces sweeping tariffs

[lucky_777@lemmy.world]

I love this idea, make it so fast that it just rolls right over his fat ass, but just enough to put him at deaths doorstep. 15 mins until total death. Put a report next to him. What does he say?

[match@pawb.social]

Once more the USA forgets about its biggest former colony

[kandoh@reddthat.com]

People are saying if you ask ChatGPT the easiest way to do a global tariff based on trade deficits with a minimum of 10 percent - it spits out the exact same numbers.

[kandoh@reddthat.com]

This is like watching the toughest guy in the prison who runs the biggest gang just start smashing his own head against the concrete floor

[barneypiccolo@lemm.ee]

When it's not working, it's working.

[adrian783@lemmy.world]

anyone? anyone?

[transplantedsconie@lemm.ee]

Reporter:

Mr. President, would you say that that trebuchet was reciprocal?

[illegible@discuss.tchncs.de]

They probably want him to do it, but he's too stupid to follow a script.

[barneypiccolo@lemm.ee]

One of my main rules of life is that people are most suspicious of the behavior they are most likely to perform. Cheaters think they're being cheated on, thieves think everybody is stealing from them. If HitlerPig thinks everyone else is looting, pillaging, raping, and plundering, its because that what he does.

[Guest]

Look I'm a big boy doing big boy things

[kebab@endlesstalk.org]

Switzerland 31%

What the fuck

[fingolfinz@lemmy.world]

And crashed the market more!

[fingolfinz@lemmy.world]

It’s winning for magats because they wanted to hurt people

[nocturnalmorning@lemmy.world]

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.

[ledericas@lemm.ee]

by the way that was his first presidency too, he did the same thing.

[Guest]

If it crashes badly enough their money will be worthless.

[brucethemoose@lemmy.world]

I'm all for "it's benefitting the billionaires," and that's what tariffs do, but most of the ultra-wealthy's money is tied up in the market, too.

Some of the administration's actions really are them drinking their own Kool-aid. Like, what they've done to the HHS is objectively detrimental to the ultra-wealthy old guys too.

[danciestlobster@lemm.ee]

I'll take that pledge without even visiting your country! Then again when I do!

Seriously though, this regime is terrible and some of us are protesting every opportunity we can get. I'll be the first to admit America has deeply rooted problems but some of us are trying to fix it and would like to not be treated like shit for the actions of the magats

[Guest]

Thanks for typing out the percentages, so far I've only seen emotional news reports about it without any detailed info.

Are these tariffs on ALL goods from a certain country? Eg, does 34% on China mean 34% on ALL Chinese goods or just certain ones like cars?

Well, one of two things will happen now.

• The US economy will recede by roughly 30% over the coming years (classified by economists as "catastrophic collapse")

• It will turn out that trade was "fake and gay" all along and autarky is the way to go, despite centuries of historic lessons to the contrary.

Take your pick.

[fake_meows@lemm.ee]

Rolling back the odometer to the 1930s.