Live updates: Trump announces sweeping tariffs
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They'll be reverted as soon as he gets some flattery and palm greasing from the right people.
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Cambodia be like
Breast milk prices are going to skyrocket.
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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).
Ok to be fair… You may come as long as you’re a queer / trans baddie or if your name is Luigi, or take the “death to America” pledge.
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Ok to be fair… You may come as long as you’re a queer / trans baddie or if your name is Luigi, or take the “death to America” pledge.
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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?
Semiconductors (and lots of other things) are excluded
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Semiconductors (and lots of other things) are excluded
got any legit sources to reference? legitimately curious. I need to know which harmonized codes are excluded.
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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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Once more the USA forgets about its biggest former colony
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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/
People are saying if you ask ChatGPT the easiest way to do a global tariff based on trade deficits with a minimum of 10 percent - it spits out the exact same numbers.
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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%This is like watching the toughest guy in the prison who runs the biggest gang just start smashing his own head against the concrete floor
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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.
When it's not working, it's working.
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Smells like Smoot-Hawley up in this bitch.
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I love this idea, make it so fast that it just rolls right over his fat ass, but just enough to put him at deaths doorstep. 15 mins until total death. Put a report next to him. What does he say?
Reporter:
Mr. President, would you say that that trebuchet was reciprocal?
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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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“our country has been looted, pillaged, raped, plundered”
by other nations selling their goods to us cheaply, and by them accepting our Dollars that cost us nothing to make for it!!
I don't think Trump understands the benefits and privileges for USA of having the top international reserve currency.
But maybe if he ruins it quick enough, he may find out?Play stupid games and win stupid prices.
One of my main rules of life is that people are most suspicious of the behavior they are most likely to perform. Cheaters think they're being cheated on, thieves think everybody is stealing from them. If HitlerPig thinks everyone else is looting, pillaging, raping, and plundering, its because that what he does.
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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%Switzerland 31%
What the fuck
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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%And crashed the market more!
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A lot of people’s lives are about to get more expensive… again.
<butterfly meme> Is this winning?
It’s winning for magats because they wanted to hurt people
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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?
The current administration is trying to pull the funding back even tho its been appropriated by congress. Funny how congress isn't doing anything about it.
