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  3. Live updates: Trump announces sweeping tariffs

Live updates: Trump announces sweeping tariffs

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  • G [email protected]

    Why is Canada not on the list?

    magnetosphere@fedia.ioM This user is from outside of this forum
    magnetosphere@fedia.ioM This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #27

    Maybe because he’s waiting until the election is over? He’s probably noticed by now that he’s hurting Canada’s Conservative Party.

    eezeebee@lemmy.caE 1 Reply Last reply
    0
    • F [email protected]

      Is he using a random number generator?

      C This user is from outside of this forum
      C This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #28

      It's probably like his net worth, where "it goes up and down with the markets and with attitudes and with feelings", "even my own feelings, as to where the world is, where the world is going, and that can change rapidly from day to day".

      https://money.cnn.com/2011/04/21/news/companies/donald_trump/index.htm

      1 Reply Last reply
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      • R [email protected]

        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%

        evilcartyen@feddit.dkE This user is from outside of this forum
        evilcartyen@feddit.dkE This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #29

        This is kind of hilarious in a dumb way. It's going to hit american consumers like a goddamn hammer, and will be rewarded with tariffs going the other way, and we'll all be poorer. Americans most of all.

        If he keeps going like this you'll end up with stagflation - high inflation and a stagnating or recessive economy. That shit is hard to get out of, good luck.

        Z 1 Reply Last reply
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        • R [email protected]

          The guy is really playing economic Russian roulette. This can consequently go terrible wrong for the US.

          lemmyoutofhere@lemmy.caL This user is from outside of this forum
          lemmyoutofhere@lemmy.caL This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #30

          Like playing ruzzian roulette with a full clip.

          1 Reply Last reply
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          • R [email protected]

            Rest of the world is 10%. I assume that's what they'll see.

            M This user is from outside of this forum
            M This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #31

            At least Brazil has tariffs large than that already. I doubt he will decrease them.

            1 Reply Last reply
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            • G [email protected]

              Why is Canada not on the list?

              hubi@feddit.orgH This user is from outside of this forum
              hubi@feddit.orgH This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #32

              https://www.cbc.ca/news/politics/trump-tariffs-canada-1.7500316

              1 Reply Last reply
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              • T [email protected]

                A lot of people’s lives are about to get more expensive… again.

                <butterfly meme> Is this winning?

                cosmicrookie@lemmy.worldC This user is from outside of this forum
                cosmicrookie@lemmy.worldC This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #33

                Mainly American people's lives.
                He's basically making everything more expensive in USA that is not made in USA, but most things made in USA are dependent on imported parts, fertilizers, components, raw materials etc... This is going to be a mess to witness

                1 Reply Last reply
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                • F [email protected]

                  Is he using a random number generator?

                  C This user is from outside of this forum
                  C This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #34

                  No, it's half the tariff those countries place on American goods. Or so he claims. I have no idea where those numbers come from.

                  W 1 Reply Last reply
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                  • R [email protected]

                    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%

                    cosmicrookie@lemmy.worldC This user is from outside of this forum
                    cosmicrookie@lemmy.worldC This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #35

                    This is going to be a bloody mess to witness from the outside. The US are shooting their own foot again and again with a bazooka and it is going to hurt the majority of its population

                    1 Reply Last reply
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                    • shellmonkey@lemmy.socdojo.comS [email protected]

                      They'll be reverted as soon as he gets some flattery and palm greasing from the right people.

                      wytch@lemmy.zipW This user is from outside of this forum
                      wytch@lemmy.zipW This user is from outside of this forum
                      [email protected]
                      wrote on last edited by
                      #36

                      And we'll know exactly which countries bought him off

                      1 Reply Last reply
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                      • lemmyoutofhere@lemmy.caL [email protected]

                        Americans will be paying the tariffs, not foreign companies.

                        ? Offline
                        ? Offline
                        Guest
                        wrote on last edited by
                        #37

                        Well they'll also be paying it in reduced revenue lmao everyone loses

                        Z 1 Reply Last reply
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                        • C [email protected]

                          No, it's half the tariff those countries place on American goods. Or so he claims. I have no idea where those numbers come from.

                          W This user is from outside of this forum
                          W This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #38

                          He doesn't understand what VAT is.

                          C 1 Reply Last reply
                          0
                          • W [email protected]

                            Trump: Meta will invest $500 billion.

                            Truth: Meta will invest around $60 billion.

                            Thats a gross mis representation of what’s factually correct in monetary terms.

                            This fucking asshat is going to sink the American economy. No major company is going to do this. Why would TSMC spend “$500 billion” to build a factory?

                            Them just paying the tariff would be less than building a new factory. They just need to survive trumps term and frankly, when the U.S. can’t get chips at an affordable price from Taiwan, those tariffs will fall away like a pillar or sandbar high tide.

                            Absolutely dumbest fucking turd on the planet.

                            ? Offline
                            ? Offline
                            Guest
                            wrote on last edited by
                            #39

                            I wish TSMC would open a factory in Europe.

                            Not only would it be very advantageous for the EU, it would sting like hell for the US.

                            R 1 Reply Last reply
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                            • R [email protected]

                              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%

                              S This user is from outside of this forum
                              S This user is from outside of this forum
                              [email protected]
                              wrote on last edited by
                              #40

                              And our swiss right-wing populists thought Trump was better for the economy. 31% down their stupid throats

                              1 Reply Last reply
                              0
                              • R [email protected]

                                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%

                                M This user is from outside of this forum
                                M This user is from outside of this forum
                                [email protected]
                                wrote on last edited by
                                #41

                                Y'all better start learning Chinese

                                1 Reply Last reply
                                0
                                • D [email protected]

                                  Surprised I don't see Brasil (sp?) on there not surprised I don't see Hungary Turkiye Russia or Israel on there.

                                  joekrogan@lemmy.worldJ This user is from outside of this forum
                                  joekrogan@lemmy.worldJ This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #42

                                  It was 10% as they have a 10% on the US.

                                  1 Reply Last reply
                                  0
                                  • R [email protected]

                                    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%

                                    A This user is from outside of this forum
                                    A This user is from outside of this forum
                                    [email protected]
                                    wrote on last edited by
                                    #43

                                    Where were you when Needle drop

                                    I was copper futures

                                    Brother said "economy is kill"

                                    I said "no"

                                    1 Reply Last reply
                                    0
                                    • R [email protected]

                                      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%

                                      R This user is from outside of this forum
                                      R This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #44

                                      Stop calling them reciprocal.

                                      1 Reply Last reply
                                      0
                                      • R [email protected]

                                        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%

                                        M This user is from outside of this forum
                                        M This user is from outside of this forum
                                        [email protected]
                                        wrote on last edited by
                                        #45

                                        Why the fuck is our media so bad that they blindly accept Trump's bullshit line that the tariffs are "reciprocal"? Are they just stupid or have they been paid off? Do they not know the meaning of "reciprocal" or are they just too fucking lazy to question the White House's rhetoric even a little bit?

                                        The state of the United States makes me sick. We're being robbed blind buy the oligarchy in broad daylight while the media gleefully amplifies the administrations lies.

                                        H roundsparrow@lemm.eeR B 3 Replies Last reply
                                        0
                                        • magnetosphere@fedia.ioM [email protected]

                                          Maybe because he’s waiting until the election is over? He’s probably noticed by now that he’s hurting Canada’s Conservative Party.

                                          eezeebee@lemmy.caE This user is from outside of this forum
                                          eezeebee@lemmy.caE This user is from outside of this forum
                                          [email protected]
                                          wrote on last edited by
                                          #46

                                          That, or he might actually like Mark Carney. The entire tone seemed to change after they spoke.

                                          O 1 Reply Last reply
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