Live updates: Trump announces sweeping tariffs
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Who gets to keep the nukes?
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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He wants to use tariffs (which act like a flat-tax) to lower income tax on the rich. There's speculation he's also doing something like the "Mar-a-Lago Accord," which involves devaluing the dollar (causing inflation). If wages don't rise with the inflation (which they don't want), US labor will be more competitive, so people can work in factory jobs with pay analogous to current Chinese factory workers.
Project 2025 says he wants to have tariffs removed against the US. Assuming he's really following it.
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I mean, this will suck in rhe short term, but these companies will exit the U.S. market if it gets to be uneconomical, and we'll be fucked, not them. Trump's I Am sO sMaRt comments all the time will make him look like an even bigger idiot than he already does.
If we actually want manufacturing in the U.S., give companies incentives to do business here. This is the opposite of incentives.
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 one of the stupidest things I've ever read.
That’s probably why you’re not the president.
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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% -
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%The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.
All is going according to plan.
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I think it's important to note that this will kill a great many small businesses.
Larger companies have a larger supply in giant warehouses. Small businesses order smaller quantities more often. They get fucked sooner with the costs going up. If a customer wants to support that small business they sometimes would have to pay twice what they could get it for from a larger company. This is a deep consolidation of wealth.
The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.
All is going according to plan.
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So is the plan to drive the cost of everyday essentials so high that virtually everyone bankrupts and the billionaires buy all of our assets for pennies on the thousand dollars? That is all I can come up with trying to make a scenario where this has some coherent objective.
The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.
All is going according to plan.
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A lot of people’s lives are about to get more expensive… again.
<butterfly meme> Is this winning?
The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.
All is going according to plan.
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The following quote from ChrisO_wiki on bsky
"@chriso-wiki.bsky.social
Just figured out where these fake tariff rates come from. They didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us." Just about sums it up.Damn, I'd like to see the data on that.
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I mean, this will suck in rhe short term, but these companies will exit the U.S. market if it gets to be uneconomical, and we'll be fucked, not them. Trump's I Am sO sMaRt comments all the time will make him look like an even bigger idiot than he already does.
If we actually want manufacturing in the U.S., give companies incentives to do business here. This is the opposite of incentives.
The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.
All is going according to plan.
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Damn, I'd like to see the data on that.
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Smells like Smoot-Hawley up in this bitch.
Sick history reference.
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The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.
All is going according to plan.
um, yeah. we heard you the first 5 times, why do you keep reposting the same comment over and over?
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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%Boycott the USA. Do not consume American products. Do not travel to the US. Cancel your subscriptions, find alternatives or pirate their software and media. Make Americans tourists feel unwelcome.
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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%Like for brooms and shit?
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From an electrical engineering perspective H O S E D. Historically, “Oh you want to manufacture something cheaply but can’t due to IP issues or CCP conflicts of interests? Why not Malaysia, Vietnam or the Philippines?”
People got to realize this is gonna jack up the supply chain so hard. Texas Instruments an IC manufacturer produces some stuff in texas. If my production is in Malaysia then surprise! Tariff to send components to Malaysia. But wait, programming, testing, packaging, and inventory of the boards is in the USA. So the PCBA is surprise surprise Tariff again. Now that the board is considered finished and ready to be sold, it turns out your customer is in china or anywhere else in the world…. So tariff. These Tariffs compound. The business isn’t going to foot the bill so its gonna get pushed to customers.
I am really curious how the TSMC foundry in AZ is gonna work out. They can produce the wafers but packaging is done still in Taiwan. So tariff to Taiwan , tariff again back to the USA, and the tariff again because its an advanced electronic component?
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Boycott the USA. Do not consume American products. Do not travel to the US. Cancel your subscriptions, find alternatives or pirate their software and media. Make Americans tourists feel unwelcome.
But like, could I come visit if I need to seek asylum? That would be different than tourism, right? I'm not really happy or comfortable with the situation here, nor have my efforts been able to change other people's views (e.g. make them think about consequences).
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I think it's important to note that this will kill a great many small businesses.
Larger companies have a larger supply in giant warehouses. Small businesses order smaller quantities more often. They get fucked sooner with the costs going up. If a customer wants to support that small business they sometimes would have to pay twice what they could get it for from a larger company. This is a deep consolidation of wealth.
Large companies can also bully suppliers to force them to lower prices at their end
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They'll be reverted as soon as he gets some flattery and palm greasing from the right people.
