Live updates: Trump announces sweeping tariffs
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The act and tariffs imposed by U.S.'s trading partners in retaliation [for the Smoot-Hawley Tariff Act] were major factors in the reduction of American exports and imports by 67% during the Great Depression.
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Same. Got chickens, veg seeds, and I'm about to buy a bow for hunting my own meat. Fuck the US, time to crack out that survivalism I've been practicing.
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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%Fuck Cambodia specifically. Trump probably got a bad VD from there at some point.
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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.
I get where you're coming from, but the whole tourist thing . . . remember half of us fucking despise Trump and his merry band of fascist fuckwits.
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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 just going to fuck up the US economy rather than meaningfully affect any other country. you don't fucking produce anything worth a shit anymore.
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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%In 2020, I thought Covid might call the economy. You know, history repeats itself. But oh, was I wrong; it'll all be caused by a single fuckwit which deserves to be tortured.
Fuck anyone involved in making the world a worse place. I hope they all die in fucking agony.
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Fuck Cambodia specifically. Trump probably got a bad VD from there at some point.
Probably got a surprise when he went to grab a ladyboy by the pussy.
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Play stupid games and win stupid prices.
He is playing Vlad Putin 8D Chess, not Donald Trump 1D Checkers. This was all planned in 2013.
Introduction to the Kremlin media techniques of year 2014
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Peter Pomerantsev September 9, 2014: Russia and the Menace of Unreality. How Vladimir Putin is revolutionizing information warfare
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Adam Curtis, BBC, December 31, 2014: On The "Contradictory Vaudeville" Of Post-Modern Politics - "What this film is going to suggest is that that defeatist response has become a central part of a new system of political control. And to understand how this is happening, you have to look to Russia, to a man called Vladislav Surkov, who is a hero of our time. Surkov is one of President Putin's advisers, and has helped him maintain his power for 15 years, but he has done it in a very new way."
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Book reading from December 5, 2014 on the subject by Peter Pomerantsev
Own your president Trump. Even if your theory was true, and I won't qualify it, nothing of this could have been possible without a ruined education system and mindless propaganda. All of this starts way before 2013.
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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%Conveniently left Russia out. I wonder why.
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In 2020, I thought Covid might call the economy. You know, history repeats itself. But oh, was I wrong; it'll all be caused by a single fuckwit which deserves to be tortured.
Fuck anyone involved in making the world a worse place. I hope they all die in fucking agony.
Together, we can make that happen
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Conveniently left Russia out. I wonder why.
Russia and North Korea.
It's official. We are the baddies now.
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this is just going to fuck up the US economy rather than meaningfully affect any other country. you don't fucking produce anything worth a shit anymore.
He is gambling on the fact that Us economy can hold off longer than other countries and they’ll cave
It’s like two people holding their breath bad for both but neither wants to lose
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30% seems pretty generous. Nevermind the complete collapse of trade and alliances we built over the past century, won't countries stop using the us dollar as the backing reserve? Which will likely set america on an even further downward trend, especially since the dollar isn't on the gold standard anymore?
I hope Euro takes 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%US dollar in absolute freefall. Thursday is going to be a bloodbath when the market opens.
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I don't know what the actual reasoning is but the 49% on Cambodia and Vietnam sounds an awful lot like how we still embargo Cuba like decades after failing to overthrow Castro.
Lots of good cheap building materials and cloth come from Vietnam. Trump publically thinks that by cutting off these it will bring the rust belt back. Absolute lunacy.
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I swear that if we could just all ignore him unless he does nice things, we'll make him stop. The tariffs are not his plan. That's someone else.pulling the strings. He just likes the attention. Giving a malignant narcissist any kind of supply is just going to make him worse.
Gray rock the shit out of him.
this would have worked in 2016, I doubt it would now. the oligarchs who put the administration in power want their pound of flesh, and they will get it regardless of whose name is in the daily headlines.
hundreds of thousands of federal workers have been fired, research and education slashed, unprecedented damage done to institutions and civil rights violations not seen in peacetime on a generation. no, I'm afraid ignoring Trump isn't going to solve anything.
the oligarchs must be stopped. one way or another.
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Some of the architects who helped win the second American civil war say yes:
Firstly, it is essential to squash the democratic myth that a state ‘belongs’ to the citizenry. The point of neo-cameralism is to buy out the real stakeholders in sovereign power, not to perpetuate sentimental lies about mass enfranchisement. Unless ownership of the state is formally transferred into the hands of its actual rulers, the neo-cameral transition will simply not take place, power will remain in the shadows, and the democratic farce will continue.
So, secondly, the ruling class must be plausibly identified. It should be noted immediately, in contradistinction to Marxist principles of social analysis, that this is not the ‘capitalist bourgeoisie’. Logically, it cannot be. The power of the business class is already clearly formalized, in monetary terms, so the identification of capital with political power is perfectly redundant. It is necessary to ask, rather, who do capitalists pay for political favors, how much these favors are potentially worth, and how the authority to grant them is distributed. This requires, with a minimum of moral irritation, that the entire social landscape of political bribery (‘lobbying’) is exactly mapped, and the administrative, legislative, judicial, media, and academic privileges accessed by such bribes are converted into fungible shares. Insofar as voters are worth bribing, there is no need to entirely exclude them from this calculation, although their portion of sovereignty will be estimated with appropriate derision. The conclusion of this exercise is the mapping of a ruling entity that is the truly dominant instance of the democratic polity. Moldbug calls it the Cathedral.
The formalization of political powers, thirdly, allows for the possibility of effective government. Once the universe of democratic corruption is converted into a (freely transferable) shareholding in gov-corp. the owners of the state can initiate rational corporate governance, beginning with the appointment of a CEO. As with any business, the interests of the state are now precisely formalized as the maximization of long-term shareholder value. There is no longer any need for residents (clients) to take any interest in politics whatsoever. In fact, to do so would be to exhibit semi-criminal proclivities. If gov-corp doesn’t deliver acceptable value for its taxes (sovereign rent), they can notify its customer service function, and if necessary take their custom elsewhere. Gov-corp would concentrate upon running an efficient, attractive, vital, clean, and secure country, of a kind that is able to draw customers. No voice, free exit.
The architects of clowndom. Seriously reading this stuff makes me feel like I am losing brain cells at a rapid rate.
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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%"The corporations own the government" made sense for a while, but Trump has done enough to hurt said corporations lately that I'm actually starting to question that idea (it's definitely true for the majority of Democrats though).
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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.
in addition to buy low, sell high... perhaps even more lucrative, the crash will be used as an excuse for another massive corporate bailout benefiting the wealthiest business owners and will accelerate the transfer of wealth from govt (taxpayers/poors) to private interests (oligarchs and bankers). this happened in 2008, during Covid PPP, and it will happen again.
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I'm all for "it's benefitting the billionaires," and that's what tariffs do, but most of the ultra-wealthy's money is tied up in the market, too.
Some of the administration's actions really are them drinking their own Kool-aid. Like, what they've done to the HHS is objectively detrimental to the ultra-wealthy old guys too.
wealthy people are not a monolith. some, those with advance warning (insider advantage) will benefit while others lose out. this is not just about rich vs poor, it's also ultra rich vs ultra rich, cabals of powerful elites vying for control of global markets in the chaotic aftermath of global financial restructuring.
