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  3. The world reacts to Trump's sweeping tariffs: 'No basis in logic'

The world reacts to Trump's sweeping tariffs: 'No basis in logic'

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  • ? Guest

    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)

    T This user is from outside of this forum
    T This user is from outside of this forum
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    wrote on last edited by
    #41

    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.

    D 1 Reply Last reply
    0
    • A [email protected]

      and see how well that turned out?

      B This user is from outside of this forum
      B This user is from outside of this forum
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      wrote on last edited by
      #42

      One can only dream.
      Joking there is no Resistenza in the USA.

      1 Reply Last reply
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      • A [email protected]

        and see how well that turned out?

        ? Offline
        ? Offline
        Guest
        wrote on last edited by
        #43

        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.

        M 1 Reply Last reply
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        • bytejunk@lemmy.worldB [email protected]

          If I can't pay my taxes with it, it isn't a real currency.

          G This user is from outside of this forum
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          wrote on last edited by
          #44

          By that logic you don't think foreign currencies are real?

          bytejunk@lemmy.worldB 1 Reply Last reply
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          • bytejunk@lemmy.worldB [email protected]

            If I can't pay my taxes with it, it isn't a real currency.

            x00z@lemmy.worldX This user is from outside of this forum
            x00z@lemmy.worldX This user is from outside of this forum
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            wrote on last edited by
            #45

            I pay my taxes with Euros so I guess Mericuhn Dollers are not a real currency

            bytejunk@lemmy.worldB 1 Reply Last reply
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            • microwave@lemmy.worldM [email protected]

              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.

              T This user is from outside of this forum
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              wrote on last edited by
              #46

              Is the plan to isolate us?

              1984@lemmy.today1 mrscottytay@sh.itjust.worksM 2 Replies Last reply
              0
              • T [email protected]

                Is the plan to isolate us?

                1984@lemmy.today1 This user is from outside of this forum
                1984@lemmy.today1 This user is from outside of this forum
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                wrote on last edited by
                #47

                https://en.wikipedia.org/wiki/Accelerationism

                End goal.

                ? N T 3 Replies Last reply
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                • T [email protected]

                  Is the plan to isolate us?

                  mrscottytay@sh.itjust.worksM This user is from outside of this forum
                  mrscottytay@sh.itjust.worksM This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #48

                  Seems to be what a lot of the far right want. It's essentially what Brexit has done to us in the UK

                  1 Reply Last reply
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                  • microwave@lemmy.worldM [email protected]

                    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.

                    C This user is from outside of this forum
                    C This user is from outside of this forum
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                    wrote on last edited by
                    #49

                    He's got that dementia infused vindictiveness against the people who want him dead

                    1 Reply Last reply
                    0
                    • microwave@lemmy.worldM [email protected]

                      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.

                      L This user is from outside of this forum
                      L This user is from outside of this forum
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                      wrote on last edited by
                      #50

                      no tariffs on russia, only sanctions?

                      U 1 Reply Last reply
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                      • G [email protected]

                        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.

                        L This user is from outside of this forum
                        L This user is from outside of this forum
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                        wrote on last edited by
                        #51

                        well, they can't even name a single country in ASEAN.

                        G 1 Reply Last reply
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                        • T [email protected]

                          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.

                          D This user is from outside of this forum
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                          wrote on last edited by
                          #52

                          Why not both?

                          1 Reply Last reply
                          0
                          • microwave@lemmy.worldM [email protected]

                            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.

                            B This user is from outside of this forum
                            B This user is from outside of this forum
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                            wrote on last edited by
                            #53

                            They’re AI generated tariffs. He asked Grok and these are the numbers it spat out.

                            zaraki42@lemmy.caZ B 2 Replies Last reply
                            0
                            • I [email protected]

                              Power levels are bullshit.

                              F This user is from outside of this forum
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                              wrote on last edited by
                              #54

                              Says the guy with the broken scouter

                              I 1 Reply Last reply
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                              • T [email protected]

                                I hope the EU reacts with something non-tariffy. Like forbidding US online platforms to serve ads and collect personal data, with severe punishments if they still do.

                                W This user is from outside of this forum
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                                wrote on last edited by
                                #55

                                I recently read an article that suggested the best retaliation would be to stop enforcing US intellectual property in the EU. One of the biggest exports they have is media, if we would stop enforcing their copyright it would cost them a lot of money.

                                L C T samus12345@lemm.eeS W 5 Replies Last reply
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                                • F [email protected]

                                  Says the guy with the broken scouter

                                  I This user is from outside of this forum
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                                  wrote on last edited by
                                  #56

                                  Your reply has a lot of Yamcha energy.

                                  F Z 2 Replies Last reply
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                                  • A [email protected]

                                    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.

                                    W This user is from outside of this forum
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                                    wrote on last edited by
                                    #57

                                    That's actually a pretty good and understandable explanation of what's going on.

                                    1 Reply Last reply
                                    0
                                    • T [email protected]

                                      I hope the EU reacts with something non-tariffy. Like forbidding US online platforms to serve ads and collect personal data, with severe punishments if they still do.

                                      R This user is from outside of this forum
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                                      wrote on last edited by
                                      #58

                                      We can only hope.

                                      1 Reply Last reply
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                                      • I [email protected]

                                        Your reply has a lot of Yamcha energy.

                                        F This user is from outside of this forum
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                                        wrote on last edited by
                                        #59

                                        You're absolutely right, I can easily hear that comment in his voice too

                                        1 Reply Last reply
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                                        • W [email protected]

                                          I recently read an article that suggested the best retaliation would be to stop enforcing US intellectual property in the EU. One of the biggest exports they have is media, if we would stop enforcing their copyright it would cost them a lot of money.

                                          L This user is from outside of this forum
                                          L This user is from outside of this forum
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                                          wrote on last edited by
                                          #60

                                          I think a lot of that kind of stuff is going to happen. I don't think other countries are insulted, as much as they find it ridiculous, and to be ridiculed, I think they're going to do some inventive chaos. I think we need to be building some world bingo cards, and I'll bet we won't guess all the (hopefully hilarious) petty revenges about to snowball.

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