Go back to your tankie-fascist instance

OMG IT’S DIZZY!

That’s pretty neat

Indeed

Sorry I cannot read your comment because you forgot to mention than China and Russia are bad and therefore any valid critics of US is actually pro China/Russia and thus invalid and you are a tankie 👍

The shit storm in the US is going to overflow.

There’s plenty of blame to go around, but we all do better when we all do better.

no not an export tarriff. That would mean we pay it.

You usually pay $1 for this item and now you’re forcing your citizens to pay 150%? ok, from now on my prices have increased by 100% so now your citizens must pay even more

Who would sell them? No sane corpo would shoot themselves in the foot like that.

give away our advantages?

It is.

But why not just keep it and get the tech used at home? You don’t sell a valuable asset to an economic rival just to spite another economic rival. What you do is you cling on to every technological advantage you have in the market place and capitalise on it as much as you can.

And shoot ourselves in the foot while we’re at it

He just literally doesn’t give a shit if he is fucking everything up and he’s too stupid to do the right thing.

The strategy: Put in some shorts, announce Tarrifs, rake in the cash. Buy an obscene amount of stock on margin, announce a reduction in tariffs, rake in the cash.

The next day: Have Charles Schwab on TV with you to announce how your illegal market manipulation and insider trading have earned the man billions in a day. Every dollar of which was stolen from the retirement of the working class.

I live in a sea of selfish, undereducated, self-sabotaging, brainwashed Americans who are dumb as fuck.

Pretty much this. When this hole thing started I swore I’d never buy an American product again, but I quickly realized I didn’t buy much of it anyways… The only American food/drink that we have is junk food and soft drinks, i.e. stuff that’s easy to avoid or replace

Yeah im Canadian so we get a lot of their food, I see myself reaching for a snack item or ceral and when I notice it’s American I put it back. After I do I realize I really shouldn’t be eating that crap anyways so it saves me money and keeps me from eating so much junk food

Every bit counts, we can only do so much. Diapers for example are 99% from the U.S

Even if we lose more, we can’t back down from a bully. We need to stand strong and roll with the punches

No, blind retaliatory tariffs would be stupid. When someone is punching themselves in the face, the correct thing to do is not to also punch yourself in the face.

Tariffs have 3 effects:

• The buyer pays more.
• Because the buyer pays more, the seller makes fewer sales.
• The government collects tariff tax revenue.

Whichever way the tariff goes, export or import, it will negatively affect that nation’s people. An import tariff, like this, would negatively affect local consumers. An export tariff (eg Canada tariffing electricity exports to the US) would negatively affect local businesses through lost sales (the genius with Canada is the US can’t stop buying electricity, so sales local sales would stay the same).

The only way a tariff makes sense for a country is if the tariff tax revenue is reinvested into the local economy. For example, if you tariff imports, you should use that revenue to incentivise local businesses to grow to replace that import.

Trump is not doing that. He’s just collecting tax money from American people. He’s almost certainly going to spaff that away on some scam, probably crypto, and basically bankrupt the American taxpayer and fuck up everyone’s livelihoods.

EU countries should not copy Trump and blanket tax their citizens for American imports. If the EU were to implement tariffs (and I argue this isn’t necessary or worthwhile), they should only be done with a plan to reinvest, such that there is a net benefit. Blunt tariffs with no plan will almost certainly have a net negative effect.

China is like Trump, in that neither of them care much about the negative effects on their people. That’s why China went hard with retaliatory tariffs. The EU does not need to emulate that behaviour.

Don’t worry, he’ll back down either way. He’ll just claim that he’s made a great deal with EU even if no such deal has been made, and then lower the tariffs again.

They’re also throwing out the Windows Garbage out of government and critical systems and switching to Linux, and want to audit the sources for the remaining systems

Forget physical goods, hit us where it really hurts. Use the intellectual property clause, and start cracking down on Big Tech.

The US makes all its money with power projection through its services, so fuck them up. Please.

And for heavens sake, Europe would be healthier with a little less Twitter, Linkedin, or fees payed to the US.

I think this is a good idea. Trumps just fishing for a reason to backdown on Ukraine weapons deal. If this does nothing he will find another way.

I believe the economics agree, but the diplomats don’t. I am hoping the economics are the reason the eu is taking their time to respond.

It seems ignoring him hurts his pride the most. No real response is needed anyway. EU has the whole process ready. Just take the map marked “Trump tariff”, look in the index for 50%-75% and start from there. Probably the first step is a wait period for when he charges his mind yet again.

We don’t hurt our own people. Europeans shouldn’t be buying US groceries anyway, there’s no need to.

The only thing that is largely inescapable is software, and that mostly affects businesses anyway. The USians will hurt way more.

The responses are usually surgical. Last time EU also targeted Republican voting states with Sanctions

Thank you, this is something I’ve been screaming from the rooftops.

Trump doesn’t care about the American people who will pay his tariffs. China doesn’t care about Chinese people paying their tariffs on US goods (although there are probably fewer US imports to China anyway). The EU does care about its people, and shouldn’t tax them with tariffs.

Tariffs only work if you can prevent the local harm (eg Canada were going to tax electricity exports, the US can’t stop buying electricity so Canadian businesses wouldn’t lose sales) or to at least have a plan beforehand to reinvest in local businesses that can replace the imported good.

He did that temporarily with tariffs on China. Tariffs over 60% are essentially a trade embargo since thats a cost that’s too rich for companies to eat and would make imports too cost prohibitive to meaningfully compete with domestic alternatives.

Any tariff that high is a bluff. Essentially all his tariffs are a bluff, a type of ‘worst case scenario’, so that when he strikes a ‘deal’ (no matter how meaningless), he can declare victory. He’s a TV personality. Its all for show.

The working class in the US is in for some real pain. Its too bad that so many of them voted for this.

Tie the highest possible tariffs to corporate sponsors of his regime, then you can punish the responsible people more effectively.

One example, Germany’s stock market has been particularly strong this year, supported by fiscal policy but also in part by an increase in exports due to US retailers stockpiling German goods to avoid tariffs.

Today’s report showed the economy grew double what was expected and initially the DAX went up significantly in response to that news, but it actually ended the day at a loss because of Trumps announcement.

Trump tanks stocks by announcing tariffs, advises his cronies to ‘buy the dip’ then once a deal is made there’s a rush to buy causing a large jump in value, which maximizing profits.

He then advises his insiders when the next fiscally restrictive announcement will come so that they can sell before values tank again.

If Europe started liquidating its U.S. bond holdings that would accelerate the process.

What’s Wall Street gonna do? Back the Democrats next year? Ha!

Those suits are going to take it, and learn to love it!

He probably doesn’t truly expect them to keep prices the same. He will probably complain, but not do anything because he doesn’t really give a fuck about the consumers who worry about little things like tech prices.

Tim Apple better do what the god emperor wants, or else!