this post was submitted on 02 Apr 2025
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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%

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[–] te_abstract_art@lemmy.world 58 points 3 days ago* (last edited 3 days ago) (2 children)

I'd love to open the news one evening and not feel like we're another step closer to the apocalypse.

Honestly, fuck Trump. Where my Luigis at?

[–] MBech@feddit.dk 43 points 3 days ago (6 children)

He was inside you all along

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[–] bstix@feddit.dk 47 points 3 days ago (1 children)

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.

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[–] Buelldozer@lemmy.today 39 points 3 days ago (4 children)

Smells like Smoot-Hawley up in this bitch.

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[–] wirebeads@lemmy.ca 50 points 3 days ago* (last edited 3 days ago) (8 children)

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 f sand during high tide.

Absolutely dumbest fucking turd on the planet.

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[–] EvilCartyen@feddit.dk 49 points 3 days ago (4 children)

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.

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[–] mlg@lemmy.world 26 points 2 days ago* (last edited 2 days ago) (3 children)

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.

[–] Nalivai@lemmy.world 10 points 2 days ago* (last edited 2 days ago) (2 children)

The number for a tariff is a trading deficit divided by total export of a country. It's simplistically stupid.

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[–] skisnow@lemmy.ca 13 points 2 days ago

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.

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[–] Subverb@lemmy.world 8 points 2 days ago

Trump announces "Things aren't expensive enough."

[–] BigMikeInAustin@lemmy.world 34 points 3 days ago (1 children)

Did he wait until late afternoon Apr 2nd?

He failed to do it "the day l'm elected."

He failed to do it the day he was sworn in.

He failed to do it, like 5 times from Jan - Mar.

He failed to do it Apr 1.

He failed to do business during business hours Apr 2nd.

This little baby just keeps failing and hiding.

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[–] 1ns1p1d@lemm.ee 25 points 2 days ago* (last edited 2 days ago) (1 children)

I swear that if we could just all ignore him unless he does nice things, we'll make him stop. The tariffs are not his plan. That's someone else pulling the strings. He just likes the attention. Giving a malignant narcissist any kind of supply is just going to make him worse. His fans already treat him like the messiah.

Gray rock the shit out of him. Remove his name from the internet, hack Fox news - take it all down, and only give it back when he behaves like a good boy.

[–] stopdropandprole@lemmy.world 16 points 2 days ago* (last edited 2 days ago)

this would have worked in 2016, I doubt it would now. the oligarchs who put the administration in power want their pound of flesh, and they will get it regardless of whose name is in the daily headlines.

hundreds of thousands of federal workers have been fired, research and education slashed, unprecedented damage done to institutions, and civil rights violations not seen in peacetime in generations. no, I'm afraid ignoring Trump isn't going to solve anything.

the oligarchs must be stopped. one way or another.

[–] RandAlThor@lemmy.ca 39 points 3 days ago (1 children)

Cambodia and Vietnam are so fucked. All the Chinese companies shifting production to Vietnam and Cambodia are fucked. Damn. These are very high tariffs.

[–] AmbiguousProps@lemmy.today 49 points 3 days ago

Most of all, the US is fucked.

[–] Fingolfinz@lemmy.world 21 points 2 days ago

And crashed the market more!

[–] warm@kbin.earth 33 points 3 days ago

How to isolate your country:

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