Live updates: Trump announces sweeping tariffs

[Guest]

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

[prex@aussie.zone]

[dovahking@lemmy.world]

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

[Guest]

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.

[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.

[Guest]

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

[lepinkainen@lemmy.world]

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

[dead_or_alive@lemmy.world]

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”…

[Guest]

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.

[mehblah@lemmy.world]

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

[worldsdumbestman@lemmy.today]

Cambodia one is based.

[Guest]

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