Live updates: Trump announces sweeping tariffs
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Smells like Smoot-Hawley up in this bitch.
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Most headlines I see are going with 10%, which is a big understatement.
It’s because they’re run by billionaires. Even liberal, big outlets harp on cultural issues to redirect focus.
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Fewer people in the US are going to want to spend that much on a plushy. Unemployment is going to rise under Trump. There will be increased costs for needs and less cash for wants. But we will probably have continued inequality, so if a small scale artist can sell to rich people, they may do well.
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Who gets to keep the nukes?
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They’ll try to spin it in tomorrows finance news, so it may be sharp but not as sharp as it should be.
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But....he's still racist right? Because that's all I care about. Making sure it's still okay to be racist.
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Imagine he's golfing and a fucking engine block of a 1982 Buick Regal comes sailing through the air from 200 meters.
One can only dream.
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This gold from wallstreetbets:
Soooo is the tariffs charged to the United States really a ratio of the trade imbalance?? For example Vietnam imported roughly 14.6 billion in goods from the United States, and we imported around 146 billion, so thus they have decided tariffs are 90% to the United States…thus we are putting a tariff on them of half of that…which means we are literally tariffing the goods we either a)need more or b) get more efficiently at a higher rate?
That may be the absolute dumbest way to create a tariff policy I could imagine if that is the case…which it looks to be.https://old.reddit.com/r/wallstreetbets/comments/1jpzhje/tariff_chart_released/ml476s7/
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With hundreds of millions of high powered weapons floating around?
You bet!! ᕕ(ᐛ)ᕗ
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Nah, that ship has sailed. They'll never cut diplomatic ties, because why would they?
They've already decided they need to come together to live in a world without the US... They're already making trade deals and new defense pacts, they're already planning around us
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He saw how much support Poilievre lost after he praised him, so now Mr Big Brain is trying reverse psychology.
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Sweeping tariffs? Shit, I need a new broom
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This and a hundred other issues would be settled in the process of negotiating the breakup. Odds are only a handful of states would want them, as only a handful would have the economic base to support their upkeep. Nukes are expensive as hell to build and maintain. New York, California, Texas, etc. Like any divorce, you have to negotiate and find a way of dividing communal property.
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Project 2025 says he wants to have tariffs removed against the US. Assuming he's really following it.
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If we actually want manufacturing in the U.S., give companies incentives to do business here
Like the CHIPS act? The EV and related items? Infrastructure? High speed rail (most of which has a made in us requirement)? What happened to those again?
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That’s probably why you’re not the president.