Live updates: Trump announces sweeping tariffs
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Russia and North Korea.
It's official. We are the baddies now.
wrote 7 days ago last edited by... Now?
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The horrible cruelty regarding Cambodia is that the reason they have such a high trade deficit is that most Cambodians are too poor to be able to begin to afford anything that America has to offer.
It's one of the poorest countries in Asia, they could cut their tariffs to 0% and the net effect would be less than the measurable rounding error on total American exports.
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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.
wrote 7 days ago last edited byReminder that after setting the political stage for the Khmer Rouge to take power with the carpet-bombing of Cambodia, the US Government continued to recognize Pol Pot as its rightful ruler all the way through to the early 1990s, simply because the actual Cambodian government of the 80s was installed with Vietnam's help.
The USA seems to be on an never-ending quest to fuck Indochina over for no fucking reason.
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"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).
wrote 7 days ago last edited byThe only real reason I can think of
It's mercantillism, a well studied subject.
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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%wrote 7 days ago last edited byGood I hope he starves americans like what they did to gaza
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Ironically crashing the economy is one of the best things you can do to slow down climate change
wrote 7 days ago last edited byLost my job this week at an engineering firm in green tech. Let it burn.
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Trump will be remembered as the most influential US President.
wrote 7 days ago last edited byImagine people in 2150 praising the visionary and benevolent president Trump who courageously lead our world to the only possible path in order to save the environment:
"He fooled them all with his "drill baby drill" and they fell for it, they elected him. Of course some were suspicious that something was off, but he had a grand plan for nature to finally be restored..."I would love to read this fiction, because reality is quite sad at the moment.
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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.
wrote 7 days ago last edited byI'd argue it started with Bush and his No Child Left Behind bullshit. It forced a certain curriculum to leave out common sense and critical thinking skills
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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
wrote 7 days ago last edited byCave about what though?
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The owners of the corporations own the govt. They are loyal to no company and no country. They can take their money anywhere, but so long as they are in the us they would prefer that the tax burden be shifted onto the people and off of them, with as few restrictions as possible on their own behavior.
The owners are still quite happy with trump. It's all of the littler con voters who are hopefully now reconsidering their vote.
wrote 7 days ago last edited byYeah remember that the billionaires got richer during the economic cooling caused by covid
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Trump will be remembered as the most influential US President.
wrote 7 days ago last edited byTime's person of the year 2025 already sigh
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If we can't buy anythibg from North Korea, what would be tariffed?
wrote 7 days ago last edited byHe tariffed uninhabited Heard Island and McDonald Island tho
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Cave about what though?
wrote 7 days ago last edited byTariffs. Donald wants other countries to have less tariffs on American products
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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%wrote 6 days ago last edited byGlObAL ReCESSioN
Cant they fucking stop threatening us like we’re in some sick fucking prison? Life has been getting more expensive worldwide for a decade and we all know now who is to blame.
I don’t fucking care about new toyota prices in the us, I want to buy potatoes in poland. Fuck off with your recessions and bullshit economies.
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Trump will be remembered as the most influential US President.
wrote 6 days ago last edited bySort of like Sulla or Caesar, but without the talent?
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Tariffs. Donald wants other countries to have less tariffs on American products
wrote 6 days ago last edited byThose numbers on his poster are made up and don't reflect actual tariffs that exist and can be cut.
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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% -
I think you're reading too much into that.
They're either under "Rest of world" like the EU, or the US doesn't import anything from it, which as it's under sanctions, it shouldn't - nor export to.
wrote 6 days ago last edited byUK is also 10% like the rest of world. Why was it mentioned seperately? It's not like Russia is a small country.
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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.
wrote 6 days ago last edited byThe crash in 2020 was twice as deep as it should have been. The markets were spooked by a president repeating conspiracy theories instead of reassuring people while health organizations were scrambling and panicking.
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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.
wrote 6 days ago last edited byThe overabundance doesn't just vanish. When the poor have less, the wealthy have more. There may be more homeless people fighting over food but the billionaires will be able to get a fleet of yachts.
