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  3. Live updates: Trump announces sweeping tariffs

Live updates: Trump announces sweeping tariffs

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  • null@slrpnk.netN [email protected]

    And the other countries that have sanctions but still got tariffs?

    I This user is from outside of this forum
    I This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #360

    For what? If you cant trade why? Jizus fcking christ

    "Following Trump's Rose Garden announcement, a White House official told NOTUS' Jasmine Wright that Russia is "not on this list because sanctions from the Ukraine war have already rendered trade between the two countries as zero.""

    null@slrpnk.netN A 2 Replies Last reply
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    • houseofleft@slrpnk.netH [email protected]

      I honestly have no idea, maybe? Deficit isn't really debt though, it just means you bought more than you sold. The US isn't in debt to Cambodia any more than you're in debt with McDonald's. They just have a one way buy/sell relationship.

      S This user is from outside of this forum
      S This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #361

      That's a really good explanation, there's no realistic way to make your money back from McDonald's

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      • V [email protected]

        No, it's at 1.105$/€.

        You looked at €/$ instead

        T This user is from outside of this forum
        T This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #362

        Oh shit youre right. Good catch. I'm an american living in Europe but my clients pay me in dollars. Sucky times ahead

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        • I [email protected]

          For what? If you cant trade why? Jizus fcking christ

          "Following Trump's Rose Garden announcement, a White House official told NOTUS' Jasmine Wright that Russia is "not on this list because sanctions from the Ukraine war have already rendered trade between the two countries as zero.""

          null@slrpnk.netN This user is from outside of this forum
          null@slrpnk.netN This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #363

          For what? If you cant trade why? Jizus fcking christ

          That's exactly what I'm asking you...

          If the answer is "because sanctions" then explain why other countries that are sanctioned by the US still got hit with tariffs?

          Russia is "not on this list because sanctions from the Ukraine war have already rendered trade between the two countries as zero.""

          And yet the US imported over $3B from Russia just last year. Which is to say, the white house lied (again).

          I 1 Reply Last reply
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          • I [email protected]

            No! Your football team bad, mine good!

            Haha I play soccer not football.

            S This user is from outside of this forum
            S This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #364


            Just reminding people this handy button exists!

            1 Reply Last reply
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            • E [email protected]

              Trump clearly has some feelings about Vietnam. He used his “bone spurs” excuse to avoid being sent over there back in the day. Lmao

              What a pussy

              A This user is from outside of this forum
              A This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #365

              He just saw that they have a massive tariff against the US going back decades and I guess he took it personally.

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              • F [email protected]

                Is he using a random number generator?

                T This user is from outside of this forum
                T This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #366

                Apparently ChatGPT.

                1 Reply Last reply
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                • J [email protected]

                  ... Now?

                  cilethesane@lemmy.caC This user is from outside of this forum
                  cilethesane@lemmy.caC This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #367

                  Then too, also now.

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                  • L [email protected]

                    Ironically crashing the economy is one of the best things you can do to slow down climate change

                    T This user is from outside of this forum
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                    wrote on last edited by
                    #368

                    Sure, but he is just crashing Western economy as Russia is preparing to invade rest of Europe.

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                    • ? Guest

                      The overabundance doesn't just vanish. When the poor have less, the wealthy have more. There may be more homeless people fighting over food but the billionaires will be able to get a fleet of yachts.

                      cilethesane@lemmy.caC This user is from outside of this forum
                      cilethesane@lemmy.caC This user is from outside of this forum
                      [email protected]
                      wrote on last edited by
                      #369

                      Just like how a rising tide raises all boats, a sinking ship takes everyone down with it. The billionaires think being on the life rafts will make them more wealthy compared to those that are sinking.

                      1 Reply Last reply
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                      • E [email protected]

                        Trump clearly has some feelings about Vietnam. He used his “bone spurs” excuse to avoid being sent over there back in the day. Lmao

                        What a pussy

                        C This user is from outside of this forum
                        C This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #370

                        I think it is something to do with China using it as a proxy for their export.

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                        • R [email protected]

                          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%

                          S This user is from outside of this forum
                          S This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #371

                          Putin's bitch trying to further destabilize the world for daddy.

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                          • I [email protected]

                            Do you understand that sanctions applied are prohibitions? You and the other downvoters... Why would you apply tariffs if you cant sell or buy? Brains people!

                            null@slrpnk.netN This user is from outside of this forum
                            null@slrpnk.netN This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #372

                            This comment implies that you can buy and sell with an uninhabited island...

                            You're not serious, right? This is a bit?

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                            • I [email protected]

                              For what? If you cant trade why? Jizus fcking christ

                              "Following Trump's Rose Garden announcement, a White House official told NOTUS' Jasmine Wright that Russia is "not on this list because sanctions from the Ukraine war have already rendered trade between the two countries as zero.""

                              A This user is from outside of this forum
                              A This user is from outside of this forum
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                              wrote on last edited by
                              #373

                              Sanctions doesn't mean you can't trade with a sanctioned country. The US never stopped trading with Russia.

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                              • G [email protected]

                                Doesn't the US already have full sanctions with Russia? So literally no trade is happening with them, so a tarrif would be pointless? Maybe I missed trump removing the sanctions at some point in his onslaught of nonsense.

                                A This user is from outside of this forum
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                                wrote on last edited by
                                #374

                                Trade IS happening with Russia. Only specific companies and industries are sanctioned, everything else is business as usual.

                                G 1 Reply Last reply
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                                • null@slrpnk.netN [email protected]

                                  For what? If you cant trade why? Jizus fcking christ

                                  That's exactly what I'm asking you...

                                  If the answer is "because sanctions" then explain why other countries that are sanctioned by the US still got hit with tariffs?

                                  Russia is "not on this list because sanctions from the Ukraine war have already rendered trade between the two countries as zero.""

                                  And yet the US imported over $3B from Russia just last year. Which is to say, the white house lied (again).

                                  I This user is from outside of this forum
                                  I This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #375

                                  What countries with sanctions? In 2024 the transactions between us and Russia went down 2,481.4 Million dollars relative to 2023 when the war already had began. 526M in exports and 3000M in imports, maybe this data tells you what you need to know

                                  wraithgear@lemmy.worldW null@slrpnk.netN 3 Replies Last reply
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                                  • L [email protected]

                                    Why does he think tariffs are equal to trade deficits?

                                    T This user is from outside of this forum
                                    T This user is from outside of this forum
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                                    wrote on last edited by
                                    #376

                                    Run headfirst into a brick wall a dozen times and then maybe you will start to understand

                                    1 Reply Last reply
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                                    • A [email protected]

                                      Trade IS happening with Russia. Only specific companies and industries are sanctioned, everything else is business as usual.

                                      G This user is from outside of this forum
                                      G This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #377

                                      Sounds like I stand corrected.

                                      1 Reply Last reply
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                                      • I [email protected]

                                        What countries with sanctions? In 2024 the transactions between us and Russia went down 2,481.4 Million dollars relative to 2023 when the war already had began. 526M in exports and 3000M in imports, maybe this data tells you what you need to know

                                        wraithgear@lemmy.worldW This user is from outside of this forum
                                        wraithgear@lemmy.worldW This user is from outside of this forum
                                        [email protected]
                                        wrote on last edited by
                                        #378

                                        I don’t see how that is relevant to the question of, ‘if other sanctioned countries are being tariffed why is Russia not tariffed’ and ‘we still traded with tariffed countries including Russia so why is Russia treated different’.

                                        I mean these questions are largely rhetorical, we know why. The fact that we buy less from Russia is first of all you moving the goal posts from assuming we didn’t trade with them, and second not related to why countries are tarrifed.

                                        I 1 Reply Last reply
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                                        • houseofleft@slrpnk.netH [email protected]

                                          I honestly have no idea, maybe? Deficit isn't really debt though, it just means you bought more than you sold. The US isn't in debt to Cambodia any more than you're in debt with McDonald's. They just have a one way buy/sell relationship.

                                          B This user is from outside of this forum
                                          B This user is from outside of this forum
                                          [email protected]
                                          wrote on last edited by
                                          #379

                                          Absolutely, but if one has no idea what they are talking about, they might massive brain worms about the US debt and it being caused by our budget deficit. Then they look at all these other countries and learn about the 'deficit' we have with them and that's the same word, same thing, ezpz. Now you simple get a solid 50% debt to income ratio by dividing the two and cutting it in half, check mate economists.

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