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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[–] [email protected] 49 points 4 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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[–] [email protected] 39 points 4 days ago (4 children)

Smells like Smoot-Hawley up in this bitch.

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[–] [email protected] 16 points 3 days ago (2 children)

We need a tariff on the ruling class.

[–] [email protected] 10 points 3 days ago* (last edited 3 days ago)

90% income tax over a certain amount. This was how they did it in the 50s….you know the days republicans keep citing as the “good ol days”

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[–] [email protected] 15 points 3 days ago (2 children)

Well well well, we finally fell off the cliff, didn't we?

Starting a trade war with the entire world, easy to win, right?

If the entire world reciprocates, which they will, you will literally wish you had just a recession to worry about. I wonder how Trump's approval ratings will be about a month from now

[–] [email protected] 12 points 3 days ago (2 children)

Trump doesn't care about approval ratings. He has a "golden parachute" waiting for him and his buddies in Russia after he destroys America.

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[–] [email protected] 34 points 4 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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[–] [email protected] 26 points 4 days ago* (last edited 4 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.

[–] [email protected] 13 points 3 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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[–] [email protected] 39 points 4 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.

[–] [email protected] 48 points 4 days ago

Most of all, the US is fucked.

[–] [email protected] 25 points 4 days ago* (last edited 4 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.

[–] [email protected] 16 points 4 days ago* (last edited 4 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.

[–] [email protected] 32 points 4 days ago

Stop calling them reciprocal.

[–] [email protected] 31 points 4 days ago

How to isolate your country:

[–] Madbrad200 30 points 4 days ago (1 children)

Whelp, guess I'm joining the Boycott US movement

[–] [email protected] 38 points 4 days ago (2 children)

Everyone should be boycotting the US, especially those inside of the US.

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[–] [email protected] 21 points 4 days ago

And crashed the market more!

[–] [email protected] 24 points 4 days ago (2 children)
[–] [email protected] 27 points 4 days ago

Bro just crashed the market with a printed out excel sheet.

[–] [email protected] 26 points 4 days ago (2 children)

Tarrifs are a Trump Tax on ordinary Americans so they can give tax breaks to billionaires.

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