The world reacts to Trump's sweeping tariffs: 'No basis in logic'
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ok, then...
i have a huge trade deficit with walmart.
i buy way more from them than they do from me ($1200-1500 a year vs $0); just like the u.s. buys more from many countries than those countries buy from the u.s.
like the leaky diaper's new
tariffsimport tax, i should charge myself a ridiculously high extra tax on purchases from walmart until they buy $1200-1500 a year of some mythical product from me to even out the 'unfair' imbalance?yea. that'll work.
wrote 7 days ago last edited bySounds like you had better open a diaper factory in your house. Then you wouldn't have to pay the tariff that you are charging yourself.
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But arent all fiat currencies made up since there's no gold standard backing them.
wrote 7 days ago last edited byIf I can't pay my taxes with it, it isn't a real currency.
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Summary
Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.
The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.
Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.
Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.
wrote 7 days ago last edited byAll the goods that Trump excempts from tarrifs is tipping his hand. If I were one of these countries like Taiwan where semiconductors are exempted, I would apply an export duty equal to the tarrif on other goods. If you want to tarrif me fine but you're going to have to commit.
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ok, then...
i have a huge trade deficit with walmart.
i buy way more from them than they do from me ($1200-1500 a year vs $0); just like the u.s. buys more from many countries than those countries buy from the u.s.
like the leaky diaper's new
tariffsimport tax, i should charge myself a ridiculously high extra tax on purchases from walmart until they buy $1200-1500 a year of some mythical product from me to even out the 'unfair' imbalance?yea. that'll work.
wrote 7 days ago last edited byI think Trump doesn’t want to trade at all. He wants us to produce everything we need.
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I think Trump doesn’t want to trade at all. He wants us to produce everything we need.
wrote 7 days ago last edited byJust like Mussolini.
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Just like Mussolini.
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wrote 7 days ago last edited by
I am getting a slight hint that that is exactly what Trump wants.
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Yes that would be amazing and a great stimulant for EU companies to start developing a competing platform of it's own (we have BeReal, Dailymotion, Medal and Dumpert, but they aren't very big AFAIK)
wrote 7 days ago last edited byHaving Non-US platforms would be nice, yes, But leaving the US-based ones without ad revenue and a shit-ton of users would be nice, too.
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wrote 7 days ago last edited by
One can only dream.
Joking there is no Resistenza in the USA. -
wrote 7 days ago last edited by
I am really afraid that this is what America is coming to. The problem is that we have a third of the country that supports the Mango Mussolini.
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If I can't pay my taxes with it, it isn't a real currency.
wrote 7 days ago last edited byBy that logic you don't think foreign currencies are real?
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If I can't pay my taxes with it, it isn't a real currency.
wrote 7 days ago last edited byI pay my taxes with Euros so I guess Mericuhn Dollers are not a real currency
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Summary
Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.
The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.
Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.
Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.
wrote 7 days ago last edited byIs the plan to isolate us?
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wrote 7 days ago last edited by
Seems to be what a lot of the far right want. It's essentially what Brexit has done to us in the UK
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Summary
Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.
The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.
Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.
Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.
wrote 7 days ago last edited byHe's got that dementia infused vindictiveness against the people who want him dead
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Summary
Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.
The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.
Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.
Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.
wrote 7 days ago last edited byno tariffs on russia, only sanctions?
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Lmao wat.
I’d ask if you’re serious, but I’m also sure you are.
Honestly, I was expecting this administration to be mind-numbingly stupid, but somehow they keep finding ways to surpass my expectations on that front on a daily basis. I’d be impressed if it wasn’t so catastrophic.
wrote 7 days ago last edited bywell, they can't even name a single country in ASEAN.
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Having Non-US platforms would be nice, yes, But leaving the US-based ones without ad revenue and a shit-ton of users would be nice, too.
wrote 7 days ago last edited byWhy not both?
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Summary
Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.
The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.
Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.
Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.
wrote 7 days ago last edited byThey’re AI generated tariffs. He asked Grok and these are the numbers it spat out.
