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  3. Live updates: Trump announces sweeping tariffs

Live updates: Trump announces sweeping tariffs

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  • L [email protected]

    Tariffs. Donald wants other countries to have less tariffs on American products

    ? Offline
    ? Offline
    Guest
    wrote on last edited by
    #268

    Those numbers on his poster are made up and don't reflect actual tariffs that exist and can be cut.

    L 1 Reply Last reply
    0
    • 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%

      P This user is from outside of this forum
      P This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #269

      1 Reply Last reply
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      • L [email protected]

        I think you're reading too much into that.

        They're either under "Rest of world" like the EU, or the US doesn't import anything from it, which as it's under sanctions, it shouldn't - nor export to.

        D This user is from outside of this forum
        D This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #270

        UK is also 10% like the rest of world. Why was it mentioned seperately? It's not like Russia is a small country.

        zerohora@lemmy.mlZ 1 Reply Last reply
        0
        • P [email protected]

          In 2020, I thought Covid might call 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.

          ? Offline
          ? Offline
          Guest
          wrote on last edited by
          #271

          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.

          1 Reply Last reply
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          • P [email protected]

            this is 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.

            ? Offline
            ? Offline
            Guest
            wrote on last edited by
            #272

            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.

            I cilethesane@lemmy.caC 2 Replies Last reply
            0
            • L [email protected]

              I hope Euro takes over

              ? Offline
              ? Offline
              Guest
              wrote on last edited by
              #273

              BRICS will take over, which will benefit Russia and China. Putin is getting his money's worth out of pimping Trump.

              1 Reply Last reply
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              • ? Guest

                Those numbers on his poster are made up and don't reflect actual tariffs that exist and can be cut.

                L This user is from outside of this forum
                L This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #274

                Yep, they just took the trade deficit to each country and turned it into a tariff 😆

                1 Reply Last reply
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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%

                  D This user is from outside of this forum
                  D This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #275

                  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”…

                  G C I P 4 Replies Last reply
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                  • P [email protected]

                    this is 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.

                    J This user is from outside of this forum
                    J This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #276

                    Most of the kit that is made in US uses parts distributed by other countries... So even domestic sales of US created products are likely to be impacted. Gotta give it to Krasnov, he's doing a bloody good job at the task he's been set.

                    corkyskog@sh.itjust.worksC 1 Reply Last reply
                    0
                    • 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%

                      M This user is from outside of this forum
                      M This user is from outside of this forum
                      [email protected]
                      wrote on last edited by
                      #277

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

                      B ? 2 Replies Last reply
                      0
                      • 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%

                        W This user is from outside of this forum
                        W This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #278

                        Cambodia one is based.

                        1 Reply Last reply
                        0
                        • bzah@discuss.tchncs.deB [email protected]

                          Imagine people in 2150 praising the visionary and benevolent president Trump who courageously lead our world to the only possible path in order to save the environment:
                          "He fooled them all with his "drill baby drill" and they fell for it, they elected him. Of course some were suspicious that something was off, but he had a grand plan for nature to finally be restored..."

                          I would love to read this fiction, because reality is quite sad at the moment.

                          W This user is from outside of this forum
                          W This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #279

                          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.

                          1 Reply Last reply
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                          • J [email protected]

                            Most of the kit that is made in US uses parts distributed by other countries... So even domestic sales of US created products are likely to be impacted. Gotta give it to Krasnov, he's doing a bloody good job at the task he's been set.

                            corkyskog@sh.itjust.worksC This user is from outside of this forum
                            corkyskog@sh.itjust.worksC This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #280

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

                            1 Reply Last reply
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                            • F [email protected]

                              Russia and North Korea.

                              It's official. We are the baddies now.

                              ? Offline
                              ? Offline
                              Guest
                              wrote on last edited by
                              #281

                              I am not.

                              1 Reply Last reply
                              0
                              • I [email protected]

                                Sort of like Sulla or Caesar, but without the talent?

                                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
                                #282

                                More likely Nero.

                                1 Reply Last reply
                                0
                                • D [email protected]

                                  UK is also 10% like the rest of world. Why was it mentioned seperately? It's not like Russia is a small country.

                                  zerohora@lemmy.mlZ This user is from outside of this forum
                                  zerohora@lemmy.mlZ This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #283

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

                                  1 Reply Last reply
                                  0
                                  • B [email protected]

                                    “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.

                                    ? Offline
                                    ? Offline
                                    Guest
                                    wrote on last edited by
                                    #284

                                    ...

                                    I literally just corrected someone else about the opposite mistake.

                                    "prizes"*

                                    1 Reply Last reply
                                    0
                                    • F [email protected]

                                      Russia and North Korea.

                                      It's official. We are the baddies now.

                                      D This user is from outside of this forum
                                      D This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #285

                                      Just stopped pretending to be good.

                                      1 Reply Last reply
                                      0
                                      • D [email protected]

                                        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”…

                                        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
                                        #286

                                        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.

                                        B A 2 Replies Last reply
                                        0
                                        • mlg@lemmy.worldM [email protected]

                                          I don't know what the actual reasoning is but the 49% on Cambodia and Vietnam sounds an awful lot like how we still embargo Cuba like decades after failing to overthrow Castro.

                                          N This user is from outside of this forum
                                          N This user is from outside of this forum
                                          [email protected]
                                          wrote on last edited by
                                          #287

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

                                          K 1 Reply Last reply
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