Saying these tariffs are reciprocal is just plain wrong, and misleading.
this post was submitted on 03 Apr 2025
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It's the first time we have seen him make something up and elect to include in the mass psychosis of his followers.. Not. He keeps lying openly and you have people swallowing it like they are in love. It's sad
I know, but I was mainly focusing on the media just echoing his lies in the headlines. Iโm just tired that this is the standard for news media now, and this is far from Fox News territory still.
Yeah, they aren't reciprocal when you are throwing the first punch, not to mention there doesnt seem to be any strategy.
I think the strategy is mostly "fuck you", based on data collection of the type "bullshit I just pulled out of my ass".
Trump is a liar, and the charts prove it.
They fucking demand that Cambodia buys as many goods from the USA as the USA from Cambodia. WITH WHICH MONEY?!
Well good night 'murica. People kind of forget that USA's wealth and dollar as monetary reserve is pretty young, more or less 100 years.
Yes, will take some adjusting but the world can very easily prosper without murica
What interest does the republican party and Project 2025 authors in driving the country into a depression?
Short-term gain for themselves, they're too dumb to think and act long-term.
Options:
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They are idiots and have absolutely no idea what they are doing. See the journalist in the secret chat on signal
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they take the Putin way: the country goes though a very rough time and a strong leader need is needed to protect you.
I vote for the first one, you can't be takes seriously when you are that stupid to send a real estate developer as a negotiator in Kremlin and have the head of health department be a guy that doesn't believe in vaccines.
Transfer more wealth to the elites, as well as grow their specific crypto projects. Tariffs will hurt the person who lives paycheque to paycheque significantly worse.
If everyone in the low, middle and upper class go broke the companies and business collapse and all assets become cheap, factories close down. All the rich folks who didn't get too affected by tarrifs and were able to maintain their wealth can swoop in and buy up literally everything.
This will be the largest wealth transfer in America history.
The Republicans going along with it are interested in wealth and power for themselves, they will be fine, and handsomely rewarded, but their supports won't.
Every year there has been the largest wealth transfer ever in the class war. It's nothing special. But the buregoise have no sense of where the limit goes
I have few hypothesis:
- They know what they are doing, and the goal of current actions is to make rich americans even richer (at the cost of whole other world).ย Because any kind of crisis causes the same thing: poor gets poorer, rich gets richer (with some level of shuffling in place).
- They are approaching things using the "startup approach", using the Zucks motto "move fast and break things", without taking a second to think things through.
- They truly believe that those things will make it better (which I strongly disagree with, because things will get better only after any of those tariffs are lifted, regardless if it happens after the current market storm stabilizes or before)
Neither option has anything good about it, though I am not sure if it makes sense to speculate about reasoning anyways: both hypothesis give mostly similar "next steps" predictions. My take is that next steps will be advancing even more towards "america only", either by NATO speculation (which have already started), or by getting closer with the russian regime, or anything else.
" or by getting closer with the russian regime, or anything else"
You know what counties are not on tariffs list? Russia, North Korea, Iran and I believe also Belarus and Hungary.
do you want to guess what they have in common?
Yeah, the line of Trump politics was kind of obvious from the beginning, unfortunately. Sadly majority of US voters did not see it through before, and continue "not looking up" :'(
Trump claims 39% tariffs in EU of US goods. This is absolutely insane.
IDK what the current tariffs were before increases today. But I was in the import business in the 90's of computer equipment, and it was typically around 4% back then from USA.
I've been trying to figure out the general level of tariffs in EU, but I simply can't.
The official Danish site requires all sorts of obscure data before I can look it up. ๐คจ
Anyone in the know about this, could you give us a hint about where about it was before this shit show?
Good examples IMO would be: Computers, Cars, Shoes, Clothing, Wine, Soy beans.
He is a liar
Trump thinks sales taxes are tariffs so that might be why
AFAIK, no country in the EU has sales tax. They do have value added tax. Is that what you meant?
Yep, same thing
Oh boy really?
You are probably right, but there's still some way to go to reach 39%
The linked article has this:
That 39% figure claimed by the U.S. is widely disputed with the World Trade Organization saying the EUโs average tariff rate was 4.9% in 2024.
...
โNevertheless, considering the actual trade in goods between the EU and U.S., in practice the average tariff rate on both sides is approximately 1%. In 2023, the U.S. collected approximately 7 billion euros [$6.35 billion] of tariffs on EU exports, and the EU collected approximately 3 billion euros on U.S. exports,โ the Commission said.
That's weird, because I read the entire article, and I don't see that anywhere?
A search on the page for some of the key words, doesn't turn up anything either?
I even looked at the article linked in the article, still nothing...???
So what article exactly are you referring to?
That's an excellent question. Pretty sure the page I copied that quote from looks a lot like the linked page. I don't have other pages about this topic in my browsing history. Either CNCB edited the page, or my browser forgot a page.
Thanks anyway, it was exactly the information I was looking for, but it would have been nice with a source.
But the info fits my expectations pretty well.
So his list includes alleged "currency manipulation and trade barriers" in the supposed tariffs other countries impose on US imports... but doesn't in the tariffs the US imposes on those countries's imports to the US. Hmmm...