- cross-posted to:
- [email protected]
- cross-posted to:
- [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%
Rest of the world: 10%
Smells like Smoot-Hawley up in this bitch.
anyone? anyone?
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.
Sick history reference.
Rolling back the odometer to the 1930s.
isn’t this 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.
deleted by creator
This is really not true. The wealthy aren’t playing 4D chess with the economy, they are just as short-sighted behind closed doors. The Great Depression fucked a lot of wealthy people up and turned the entire nation against them. It can happen again.
Edit - and for the record, the abundance does vanish in a depression scenario. Factories shut down, productivity collapses. The world will literally extract, refine, process, and build less of everything. You can’t build a fleet of yachts without a functioning economy.
The Great Depression fucked a lot of wealthy people up and turned the entire nation against them. It can happen again.
One might argue it already is happening. Right now. In real time.
Be safe.
Just like how a rising tide raises all boats, a sinking ship takes everyone down with it. The billionaires think being on the life rafts will make them more wealthy compared to those that are sinking.
It will have an effect on other countries, but fuck up the US economy the worst. Other countries have the benefit of having 190+ other countries to do trade with. Over the next few years, they will increasingly go for alternatives to whatever they’ve previously traded with the US. Thanks to the stable genius, the US will permanently be left poorer, while other countries will soon have economic growth again.
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
Cave about what though?
Tariffs. Donald wants other countries to have less tariffs on American products
Those numbers on his poster are made up and don’t reflect actual tariffs that exist and can be cut.
Yep, they just took the trade deficit to each country and turned it into a tariff 😆
Most of the kit that is made in US uses parts distributed by other countries… So even domestic sales of US created products are likely to be impacted. Gotta give it to Krasnov, he’s doing a bloody good job at the task he’s been set.
Could you imagine if Biden declared what essentially amounts to a 10% sales tax?
Trump has no idea how the economy works, his wealth is propped up by Russian oligarchs laundering money through his assets.
This move is almost certainly being directed to him through foreign agents the traitor has as advisors (though they consider themselves handlers) on behalf of Putin and other regimes hostile to the US who back door’d their way into the situation through his greed and lack of morality.
Also intentionally crashing the economy to hurt political enemies and cause civil unrest (mass government firings = lots of educated qualified people out of work, also drives down wages of other educated qualified people). Techo-fascist corporate cities and Gilead don’t need a Dow Jones index.
Oh no. We produce stuff. The best weapons for killing people are made here.
Conveniently left Russia out. I wonder why.
Russia and North Korea.
It’s official. We are the baddies now.
If we can’t buy anythibg from North Korea, what would be tariffed?
Just stopped pretending to be good.
They are rest of the World. How dissrespectfull.
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.
Fuck Cambodia specifically. Trump probably got a bad VD from there at some point.
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.
Trump is going to tank the economy of an already poverty-stricken country and plunge it into exactly the kind of instability that destroyed it once already just because “fuck you, give me more”.
https://www.youtube.com/watch?v=d1cbTKX4Lzo&list=PLf03ejEKGKxyGu4G3QCLWhXefQvgG1EEH
If anyone wants to learn more about America’s actions in Cambodia, check out Blowback.
Probably got a surprise when he went to grab a ladyboy by the pussy.
Only ones “looting, raping, and pillaging our country” are billionaires.
This is killing so many small businesses. I know mine is basically dead now
So is the plan to drive the cost of everyday essentials so high that virtually everyone bankrupts and the billionaires buy all of our assets for pennies on the thousand dollars? That is all I can come up with trying to make a scenario where this has some coherent objective.
A poor America, with no friends in the world suits Vlad Pootang very well. It will be like the world has 2 Russia’s…
He wants to use tariffs (which act like a flat-tax) to lower income tax on the rich. There’s speculation he’s also doing something like the “Mar-a-Lago Accord,” which involves devaluing the dollar (causing inflation). If wages don’t rise with the inflation (which they don’t want), US labor will be more competitive, so people can work in factory jobs with pay analogous to current Chinese factory workers.
Project 2025 says he wants to have tariffs removed against the US. Assuming he’s really following it.
They probably want him to do it, but he’s too stupid to follow a script.
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.
Yup.
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.
I don’t know what the actual reasoning is but the 49/46% 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.
Reminder 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.
The number for a tariff is a trading deficit divided by total export of a country. It’s simplistically stupid.
Russia is missing from the chart:
Overview In January 2025, United States exported $34.9M and imported $196M from Russia, resulting in a negative trade balance of $161M.
Yeah, I wouldn’t be surprised if Russia was it’s own case, comrade Krasnov will make sure of it
China: 34%
Added note that this is cumulative so it’s 54% total. Confirmed by Press secretary earlier.
Can’t wait for tomorrow’s sell off. Its going to be a black Friday Friday.
Thanks for typing out the percentages, so far I’ve only seen emotional news reports about it without any detailed info.
Are these tariffs on ALL goods from a certain country? Eg, does 34% on China mean 34% on ALL Chinese goods or just certain ones like cars?
Well, one of two things will happen now.
-
The US economy will recede by roughly 30% over the coming years (classified by economists as “catastrophic collapse”)
-
It will turn out that trade was “fake and gay” all along and autarky is the way to go, despite centuries of historic lessons to the contrary.
Take your pick.
It’s all goods from those countries.
american juche now!
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
deleted by creator
won’t countries stop using the us dollar as the backing reserve
Yeah. Putin’s gonna be so pleased.
-
How are they even coming up with the number all these countries supposedly tariff the US?
Gork. The rats AI.
I’m not joking.
I was gonna get me some Cambodia and Vietnam from eBay. Now what?
As a 🇨🇦 my boycott will last a lifetime.
One of the benefits of having young children is that if I play my cards right “my” boycott could exceed my own lifetime.
Never mind the money. Think about this: Is the American lifestyle self-sustainable?
No? Why not?
Because they use more than they produce? Yes, and where do those things come from?
Imports? Yes.
Trump litteraly put a stop to the American lifestyle.
Yep. In the next few years I expect more Americans to raise pigs on their suburban plots.