this post was submitted on 03 Apr 2025
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[–] DragonTypeWyvern@midwest.social 28 points 1 day ago* (last edited 1 day ago) (2 children)

They aren't reciprocal tariffs. Reciprocal tariffs are matched to an existing tariff from the target nation. That's what reciprocal means.

This idiot thinks trade is a zero sum game and therefore any import imbalance is theft.

Accepting his deliberately false wording is accepting his agenda.

[–] immutable@lemm.ee 11 points 1 day ago* (last edited 1 day ago) (1 children)

trump literally doesn’t understand anything.

Take trade imbalances for a minute. As an contrived example, we buy $1m worth of steel from Canada, they buy $100k worth of steel from us.

There’s a $900k trade imbalance, and you can tell how trump talks about it, he thinks that means we just gave $900k to Canada for fun.

He completely ignores the part where we traded $1m for $1m worth of steel. We get the fucking steel, it has value, we know it has value because we were willing to pay for it.

But just listen to him talk about trade, he doesn’t understand that basic component of trade. He thinks a $X trade imbalance means we just give that country $X for nothing. He is the dumbest motherfucking idiot on the planet.

We will all get to be that strange old person who won’t discard an orange peel because we lived through the second Great Depression.

[–] DragonTypeWyvern@midwest.social 2 points 19 hours ago

Pff, not me. I'm going to become a bank robber.