Live updates: Trump announces sweeping tariffs

[mehblah@lemmy.world]

If the goal is destruction then trump is doing a good job of that.

[worldsdumbestman@lemmy.today]

Cambodia one is based.

[wanderingthoughts@europe.pub]

Trump will be remembered as the spark that caused the old world order to blow up, causing a lot of changes in the way things are done. China becomes the manufacturer of clean energy and uses their new status as having the reserve currency to stamp out all fossil fuels.

[corkyskog@sh.itjust.works]

Could you imagine if Biden declared what essentially amounts to a 10% sales tax?

[Guest]

I am not.

[aceticon@lemmy.dbzer0.com]

More likely Nero.

[zerohora@lemmy.ml]

USA doesn't trade with Russia, NK or Cuba how on earth you put a tariff on that? You want 100% tariff on 0?

[Guest]

...

I literally just corrected someone else about the opposite mistake.

"prizes"*

[dimmer@leminal.space]

Just stopped pretending to be good.

[greybeard@lemmy.one]

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.

[nalivai@lemmy.world]

The number for a tariff is a trading deficit divided by total export of a country. It's simplistically stupid

[cataphract@lemmy.ml]

I'm so sick of the bullshit misinformation that gets upvoted on this site. First, you demand tariffs on what equals to roughly 0.8% of our total imports. Second, there is no "war" currently going on between "R" and "U". Also, I thought the "P" man ended the genocide against "R" citizens by taking power, I'm not a scholar though so link away with whatever truth burger you're trying to peddle.

::: spoiler spoiler
/s definitely check links and facts before you get upset with words you don't like lol

Ok but seriously, I gotta give a shout out to Mbaye Diagne. This is a serious bad-ass, I can't state just how bad his ass really is. Like all the bullshit movies and books of fake and made up narratives and we have this motherfucker who walked the earth.

a Senegalese military officer who served in Rwanda as a United Nations military observer from 1993 to 1994. During the Rwandan genocide, he undertook many missions on his own initiative to save the lives of civilians. Various estimates exist for the number of lives Diagne saved, ranging as high as over 1,000.

After graduating from the University of Dakar, he enrolled in the Senegalese Army's École Nationale des Officiers d'Active. He completed his schooling the following year and eventually attained the rank of captain. He was given command of the 3rd Company of the 6th Infantry Battalion and fought in the Casamance conflict from 1989 to 1993.

Hutu extremists initiated the Rwandan genocide, targeting members of the Tutsi ethnic minority. They murdered moderate Hutu Prime Minister Agathe Uwilingiyimana, and Diagne rescued her children and secured them safe passage out of the country. He then undertook numerous missions on his own around Kigali in violation of the UN's rules of engagement, hiding Tutsis in his car and evacuating them to UN installations. He also protected some Hutus and worked to safeguard the Senegalese expatriate community.

Because he had to pass through dozens of checkpoints manned by Interahamwe tasked with killing Tutsis and moderate Hutus, Diagne ferried at most five people on each trip,[10] often taking them to the Hôtel des Mille Collines or Amahoro Stadium, both under UN guard, for safety.[14][10] In order to get past the checkpoints, he relied on his extensive contacts among the military and militias, his ability to defuse tense situations with quick jokes, and occasional bribes of cigarettes, money and—though he was a devout Muslim—alcohol.

In one instance, he stood between an armed Hutu priest and a woman the priest was about to execute, shouting "Why are you killing this woman? You must not do this because if you do the whole world will know," and eventually convincing the priest to let her live.

Gregory Alex, the head of the UN Humanitarian Assistance Team in Rwanda gave an explanation as to why Diagne was not rebuked: "Here's someone who stepped out of line and [the general is] not going to discipline him because he's doing the right thing."[15] BBC journalist Mark Doyle befriended Diagne and knew of his actions, but omitted mention of him in his news dispatches because he feared that the Rwandan government would learn of his rescues and try to stop him.

That was such a wonderful thing to run into after reading over the history of Rwanda and the Hutu and Tutsi people. Guess even during war and genocidal times you can still look for the helpers.
:::

[Guest]

We need a tariff on the ruling class.

[Guest]

How is any of this "hurting said corporations?"

Tariffs are a tax on the working class. Corporations will use this as an excuse to raise prices beyond how much their costs increase due to tariffs.

If a tariff causes a product to cost 5% more to bring to market, you'd better believe they're going to charge 20% more to the customer.

The ruling class always gets theirs. We can thank the useful idiots among us for why things never change.

[oldwoodframe@lemm.ee]

I don't have a ton of "the court is wrong" opinions, but Article 1 section 8 of the Constitution flatly gives Congress the responsibility of regulating trade and imposing tariffs. The President just doesn't (shouldn't) have the authority to change rates. The executive needs to execute the will of the Legislative branch.

[idkwhatusernametoputherelolol@lemmy.dbzer0.com]

Wait what?

President Paul Kagame of Rwanda declared war on Uganda?

~/s~

[idkwhatusernametoputherelolol@lemmy.dbzer0.com]

Pls 100% world wide tax.

I like to go straight to the "Find Out" phase.

(Remember, when the great depression happens, its our duty to eliminate nazis)

[phoenixz@lemmy.ca]

Well well well, we finally fell off the cliff, didn't we?

Starting a trade war with the entire world, easy to win, right?

If the entire world reciprocates, which they will, you will literally wish you had just a recession to worry about. I wonder how Trump's approval ratings will be about a month from now

[formfiller@lemmy.world]

90% income tax over a certain amount. This was how they did it in the 50s….you know the days republicans keep citing as the “good ol days”

[phoenixz@lemmy.ca]

Well technically R would fall under the category "rest of the world", no?