Live updates: Trump announces sweeping tariffs
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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.
Penguins trade with the US?
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Ironically crashing the economy is one of the best things you can do to slow down climate change
Wrong.
The best things you can do are invest in green energy and energy storage projects, create polices that cap (and actually punish) carbon emissions, upgrade to more efficient infrastructure... All things that take money, a functional government and a functional economy.
What we learned from COVID, is that crashing the economy does not really slow down climate change, it just hits the pause button for a little bit, and then it resumes at the same or greater speed.
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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.
Congress is pretty much dead. Repubs have lost whatever was the last vertebrae they had in their spine
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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
Jim Jones was able to walk 600 adults to their death (the children, sadly, had no say in the matter). It's a cult
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, at least like put any effort forth if you're going to steal a joke and make it shittier.Sorry, I don't want to be shitty, but I found his joke much better, because I understood and laughed right away without needing disclaimers, spoiler texts or to click any links, it was direct and to the point.
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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)
There's technically no upper limit, why not make it 10000% and really see what happens!
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1.084USD per EUR yesterday moved to 1.097USD per EUR today.
As of now at 17:00 Rome time: 0.90 USD / 1.00 EUR. That is a really big drop
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I see we have a dirty tankie in our midst.
Man is trolling about Rwanda and Uganda
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If the goal is destruction then trump is doing a good job of that.
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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%In case anyones looking at this and asking question like "Why has Cambodia been dunked with 49% when they're clearly not a competitor to the US" or "Why is Trump claiming that the European Union has a 40% tariff on the US when the actual mean tariff on US goods into the EU is less than 5%", here's your answer to how these figures have been calculated.
- Take the US trade deficit with a given country (eg. China is $292bn)
- Take the total good imported by US (for China that's $439bn)
- Divide the first figure by the second! Why? Who knows! It's a number! Less talk more first grade arithmetic (if you're still following that gives us 67%)
- That gives us a random number which we'll pretend is that country's tariff of US goods even though it's completely unrelated in every way. We'll divide it by two to get the new tariff rate for imports from that country. Why? Honestly if you're still expecting there to be an answer to that question I'm wondering if you've been following. (that gives us 34%, well actually it gives us 33.5% but I'm not sure the Trump administration understands the idea of fractions so we'll just round it up from there)
The "reason" behind this is that Trump seems to think trade deficits are really bad, which is bad news for the US because it's had a trade deficit for the last 50 years. We'll ignore the fact that based on per capita GDP it's been the wealthiest country in the world for that time though.
Anyway, just to give every an idea of how completely, utterly unrelated to anything meaningful that figure is, let's take Cambodia. The country is very poor compared to the US so can't afford to buy anything that the US manufacters (Cambodians aren't driving round in Teslas or IMessaging each other). Some US companies use it for clothing manufacture because labour is cheap in Cambodia (see the previous bit about Cambodia being much poorer than the US). This means that Cambodia imports close to nothing from the US compared to what it exports, giving it a close to 100% trade deficit, so we wind up with a 49% tariff on Cambodia.
I genuinely don't understand the mindset that looks at the US's explotation of cheap labour in Cambodia and interprets the US as the victim in that relationship, but hey-ho maybe I'm just not biggly-smart enough to understand the 4d chess moves at play here. . .
Reference (because unfortunately none of what I said was made up and that geniunely is the calculation): https://www.theguardian.com/us-news/2025/apr/03/trumps-idiotic-and-flawed-tariff-calculations-stun-economists
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They get 10%.
They get 10%
Im 100% sure they will not get any tariffs... a special 'exception' will be made for Russia
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The horrible cruelty regarding Cambodia is that the reason they have such a high trade deficit is that most Cambodians are too poor to be able to begin to afford anything that America has to offer.
It's one of the poorest countries in Asia, they could cut their tariffs to 0% and the net effect would be less than the measurable rounding error on total American exports.
https://www.youtube.com/watch?v=d1cbTKX4Lzo&list=PLf03ejEKGKxyGu4G3QCLWhXefQvgG1EEH
If anyone wants to learn more about America's actions in Cambodia, check out Blowback.
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Sorry, I don't want to be shitty, but I found his joke much better, because I understood and laughed right away without needing disclaimers, spoiler texts or to click any links, it was direct and to the point.
well the spoiler text really was just because I wanted to talk about Mbaye Diagne and you just have to hover over the links to get the joke. But I get it, different levels of humor appeal to different people. A lot easier to digest when it's all just spelled out for ya and you don't have to think any harder about it.
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Lol, didn't even click the links, I kinda assumed it was Russia-Ukraine and just googled "countries that start with R"
lol and I wonder why you had the idea and were inspired to play up the idea of "countries that start with R" after you just read two other comments doing the same thing.
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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%Been browsing the conservative subreddit this morning just to see what they all are thinking. There is a surprising number of "This is a terrible idea" comments but its also funny seeing a whole bunch of republicans who now suddenly like higher taxes, inflation and stock crashes.
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We can apply tariffs to uninhabited islands but not Russia? Fuck off.
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!
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lol and I wonder why you had the idea and were inspired to play up the idea of "countries that start with R" after you just read two other comments doing the same thing.
https://www.youtube.com/watch?v=k1tsGGz-Qw0
This you?
(But this just an internet comment, ain't that deep, Mr. Peele
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In case anyones looking at this and asking question like "Why has Cambodia been dunked with 49% when they're clearly not a competitor to the US" or "Why is Trump claiming that the European Union has a 40% tariff on the US when the actual mean tariff on US goods into the EU is less than 5%", here's your answer to how these figures have been calculated.
- Take the US trade deficit with a given country (eg. China is $292bn)
- Take the total good imported by US (for China that's $439bn)
- Divide the first figure by the second! Why? Who knows! It's a number! Less talk more first grade arithmetic (if you're still following that gives us 67%)
- That gives us a random number which we'll pretend is that country's tariff of US goods even though it's completely unrelated in every way. We'll divide it by two to get the new tariff rate for imports from that country. Why? Honestly if you're still expecting there to be an answer to that question I'm wondering if you've been following. (that gives us 34%, well actually it gives us 33.5% but I'm not sure the Trump administration understands the idea of fractions so we'll just round it up from there)
The "reason" behind this is that Trump seems to think trade deficits are really bad, which is bad news for the US because it's had a trade deficit for the last 50 years. We'll ignore the fact that based on per capita GDP it's been the wealthiest country in the world for that time though.
Anyway, just to give every an idea of how completely, utterly unrelated to anything meaningful that figure is, let's take Cambodia. The country is very poor compared to the US so can't afford to buy anything that the US manufacters (Cambodians aren't driving round in Teslas or IMessaging each other). Some US companies use it for clothing manufacture because labour is cheap in Cambodia (see the previous bit about Cambodia being much poorer than the US). This means that Cambodia imports close to nothing from the US compared to what it exports, giving it a close to 100% trade deficit, so we wind up with a 49% tariff on Cambodia.
I genuinely don't understand the mindset that looks at the US's explotation of cheap labour in Cambodia and interprets the US as the victim in that relationship, but hey-ho maybe I'm just not biggly-smart enough to understand the 4d chess moves at play here. . .
Reference (because unfortunately none of what I said was made up and that geniunely is the calculation): https://www.theguardian.com/us-news/2025/apr/03/trumps-idiotic-and-flawed-tariff-calculations-stun-economists
Thank you for the reference, I scrolled to the bottom to check if you were copypasta-ing us before going back and reading it. We just all live in Crazytown now I guess.
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As of now at 17:00 Rome time: 0.90 USD / 1.00 EUR. That is a really big drop
No, it's at 1.105$/€.
You looked at €/$ instead
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https://www.youtube.com/watch?v=k1tsGGz-Qw0
This you?
(But this just an internet comment, ain't that deep, Mr. Peele
)yeah, guess it's just push back to reddit enshitification. Bots and losers steal comments, people upvote the laziest shit, it all becomes shit as you chuckle out the door. I think it was after seeing your profile and just thinking you're a comment stealing agenda-troll that encouraged me to call you out.
Thank you for reinforcing that it was a correct decision and I shouldn't just let people like you treat other people like shit then actively shit on them some more instead of apologizing or even having one ounce of humility as a human being. But please continue virtue signaling some more in your profile about how radical and righteous you are.
