Summary
Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.
The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.
Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.
Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.
Can we stop winning already? I’m tired of winning so much.
Trump’s government has made the US a village idiot - and if the idiot gets into a fight with the whole village, the idiot will have more bruises.
Why he does that - I don’t pretend to understand.
He’s trying to destroy the country. Amassing as many bruises as possible is the point.
Trump basically ran his mouth, realized he had to drop something, whipped some crap together, took a dump in the living room and left for the golf field… exactly what MAGAtards wanted, hope you are enjoying it
Someone asked chatGPT how to apply tariffs to give America an equal playing field and it spit it a formula that looks shockingly similar to how trump calculated the tariffs
Try grok and you’ll get an exact match.
Dead horse economics:
Wake up you lazy horse!
You know what’s fun? Cancelling stuff and citing the reason as ‘tariff-related inflation’. It’s too new and there is no response script yet, so customer service doesn’t really argue.
The point is to make China the new boot on the throat of the human race instead of the US
no. the US is still the boot
That’s why they installed a Russian asset as president and why he has been destroying the US’s global influence and economy for the last 3 months.
I hate the fact that you are correct.
Norfolk Island was baffled by a 29% duty despite having no exports.
Ahahaha. For a day, I want to be inside his head and see the world through his eyes. It would be the most valuable insight for humanity… If only to learn exactly what not to do.
No thoughts. Only anger at being confused.
More then racism, Trump’s appeal is being a simple answer to a complex question. Which happens to mean racism when applied to race relations, but also harebrained economic policies or injecting bleach into yourself. This is the same man who used a sharpy to change the path of a hurricane on a map rather then admit he misspoke.
It would be like that scene in Braveheart, where the Prince is having servants walk in front of him holding a full length mirror, so he can constantly admire himself.
what an absolute bafoon. so devoid of thoughts
buffoon
Trump is not buff.
Definitely not. Nor is he a small, pixie like creature
Rip my year-old IRA
So, now $1 per banana is now real, wow. A complete bunch on my country costs that… We are banana exporters we are the banana republic…
It’s one banana, Michael. What could it cost? $10?
None of Trump’s policies have any basis in reality
I’ve been saying this for years - why does anyone listen to him? He has no credibility - his whole life bio shows this clear as day.
Americans are trained from birth to value ignorance as the greatest virtue. Donald Trump represents everything that American culture venerates.
I saw someone say it seems that the tariffs were calculated by dividing our trade deficit by their exports to us and cutting that number in half. Another person analyzed his charts and concluded they look a lot like they were generated by AI.
So, there is, literally no basis in logic. Either one of Trump’s minions calculated what it would take to recoup the difference in the trade deficit and just wrote it down and he announced that as the new basis for international trade, which has never, ever been done, for the reason that it is fucking idiotic, or he asked Gemini how to execute his already objectively stupid policy and wrote an Executive Order making it the law.
And the fact that we are forced to accept people on the Internet’s guesses about how he calculated these numbers may actually be worse than the fact that just about every product on the market more complex than a stapler just jumped about 30% in price.
They published their “methodology” today, and it’s as dumb as you’d imagine: https://ustr.gov/issue-areas/reciprocal-tariff-calculations
I’m dumb but that just means that every product will be 30% more expensive for Americans, right? And the 30% is just… Going to the state or something? So it’s just taxing your ppl?
Companies will raise prices to account for what they’re losing on the tariffs.
Effectively, yes. Tariffs are basically just a sales tax. It’s a little more complicated than that but the end result for consumers isn’t really any different.
AI would make a lot of sense, considering that there are uninhabited islands on the list.
Heather Cox Richardson, historian of the republican (Lincoln) party said that in her daily newsletter. She cites all her sources.
Have we forgotten that he has done this each month since he was Inaugurated?
Today the stock market will crash on this news. The wealthy will buy on this massive dip, and in a few days, HitlerPig will announce that the countries on his list have responded to his tariff threats, so he is postponing them for a month or so.
The stock market will recover a bit, and the wealthy will make a fortune. In a month, he’ll do it all over again.
It’s deliberate market manipulation.
And we’ll all be destitute for it. Everyone loses when they do this, yes, even they do in the long run. Once nobody can buy a loaf of bread I’m sure we’ll collectively decide right at that moment that the rich actually do taste good and maybe they should pay more in taxes.
I am stealing “HitlerPig”
I’ve been using it ever since i heard thats what the younger staffers in the Biden White House called him. I found it simultaneously hilarious, vicious, and accurate. I encourage you and others to use it often.
Agent Krasnov is an acceptsble alternative.
Other suggestions:
Kapo Stephen “PeeWee Himmler” Miller (my favorite)
Steve “Unwiped Asshole” Bannon
Empty G
Lauren Boobert
Big Boobie Bondi
Couchfucker Vance (not very original, but a good reminder)
Gold Digging Whore (the Propaganda Secretary, I can’t be bothered to learn her name)
Traitor also works for all of them. Nazi, too.
D-bag works well enough for my purposes
Sure, whatever works for you.
