50% on Brazil, same as China. What is so stupid is that it is completely obvious that Trump doesn’t have a cohesive strategy for his tariffs. Rather, they’re just a convenient weapon he can wield as a bully. Why should any American not want a country to criminally prosecutes their corrupt former leader, let alone pay higher taxes on goods as a result? Eventually, this raising of taxes on Americans with tariffs on foreign goods will have a bigly negative impact on the U.S. economy.
On the upside, the rest of the world seems to be decoupling, selling bonds, and generally just avoiding the US so hopefully the Economic nuke dropped on them will have minimal fallout on the rest of us.
I say “minimal fallout” knowing it is going to be a fucking disaster for everyone, but hoping for the best.
Don’t forget that Brazil is one of the few countries that the US has a positive trade imbalance with. The stated goal of the tariffs was always balancing trade, this is explicitly political strong-arming.
Yeah, I feel somewhat guilty for trumpposting, but threatening Brazil for handling with its own internal politics is the lowest of the low for any country. Disgusting, even for him.
I’d just try to replace every USA import with a chinese equivalent if I were Lula and divert e.g. meat exports to China and the EU. That would be fun to watch datamarnews.com/…/brazils-beef-exports-to-the-u-s… muricans without hamberders.
Lol, that is exactly what I’ve been doing for months now. Why pay extra for a device which has a few final assembly steps in the US, when i can just source the components directly from China and build it in house?
Switching up key suppliers to avoid paying taxes to the trump regime is a hard sell with the suits upstairs, but when the Americans start slapping additional taxes onto themselves and driving up their prices, they are handing me a divestment opportunity on a silver platter.
AlligatorBlizzard@sh.itjust.works
on 10 Jul 01:24
nextcollapse
Why should any American not want a country to criminally prosecutes their corrupt former leader
Because we don’t criminally prosecute our corrupt former leaders, we re-elect them.
kebab@endlesstalk.org
on 10 Jul 02:03
nextcollapse
Wait, wasn’t it 30% on China? I am lost
RedSeries@lemmy.blahaj.zone
on 10 Jul 02:12
nextcollapse
I think the percentage changes based on when they last changed his diaper.
It’s more insane than that. 55% is only on certain items from China. Most are at 35%. So effectively Brazil would be higher. The craziest is they’re higher for purposes of political interference from USA…
Tollana1234567@lemmy.today
on 10 Jul 07:43
collapse
remember , magats dont realize the countries arnt paying for tairffs, its the customers down the line.
Lemmyoutofhere@lemmy.ca
on 09 Jul 23:14
nextcollapse
thanks, this is important too, but lemme ftfy xcancel.com/…/1943048225763782840 😘 if you want to read the comments without an account and tell elonazi to go fuck himself.
MuskyMelon@lemmy.world
on 10 Jul 00:11
nextcollapse
Remember the kids who rode the short bus to school? Once in a while, some of these kids would be in your class and sometimes they’d have an episode. Everyone would ignore them and let them settle down.
That’s America to the rest of the world now. Trump has made America the kids on the short bus.
SatansMaggotyCumFart@piefed.world
on 10 Jul 00:44
nextcollapse
He’s trying to interfere in other country’s legal systems now.
Isn’t just fucking with America enough for this dipstick?
The US have been doing that for a long time. Think of the DMCA or even the first opium conference (1910). Trump is just loudmouthedly open about it instead of talking between the lies. And, of course, everyone in his right mind hates him.
SatansMaggotyCumFart@piefed.world
on 10 Jul 01:08
collapse
I’m so sick of hearing that this is America and both side are the same.
Things got worse in 2017.
They got better in 2021 and now it’s fucked to a level we haven’t seen before.
theacharnian@lemmy.ca
on 10 Jul 01:00
nextcollapse
You don’t get to bail out your fascist friends, Donnie.
Gee whiz, don’t you miss the days when the US government was more covert in their interference in Latin American countries’ affairs? The CIA contracted out their dirty work or had no-name agents do it for them. At least it’s as plain as day.
I hope California and Cascadia can secede before the US gets its nasty karma. Not all of us should pay.
threaded - newest
50% on Brazil, same as China. What is so stupid is that it is completely obvious that Trump doesn’t have a cohesive strategy for his tariffs. Rather, they’re just a convenient weapon he can wield as a bully. Why should any American not want a country to criminally prosecutes their corrupt former leader, let alone pay higher taxes on goods as a result? Eventually, this raising of taxes on Americans with tariffs on foreign goods will have a bigly negative impact on the U.S. economy.
On the upside, the rest of the world seems to be decoupling, selling bonds, and generally just avoiding the US so hopefully the Economic nuke dropped on them will have minimal fallout on the rest of us.
I say “minimal fallout” knowing it is going to be a fucking disaster for everyone, but hoping for the best.
"Why doesn't anyone want to trade with us anymore?" - Trump
I don't know, man. Can't be anything you did, right?
He’ll never admit it. He’ll blame immigrants or the gays or the trans or the woke or the Jews or the liberals or Biden or Obama or the Clintons.
Never himself.
Don’t forget that Brazil is one of the few countries that the US has a positive trade imbalance with. The stated goal of the tariffs was always balancing trade, this is explicitly political strong-arming.
Well, we need to use tariffs until they sell us more goods! Obviously we’re losing too many goods to them and not bringing enough in!
Yeah, I feel somewhat guilty for trumpposting, but threatening Brazil for handling with its own internal politics is the lowest of the low for any country. Disgusting, even for him.
I’d just try to replace every USA import with a chinese equivalent if I were Lula and divert e.g. meat exports to China and the EU. That would be fun to watch datamarnews.com/…/brazils-beef-exports-to-the-u-s… muricans without hamberders.
Lol, that is exactly what I’ve been doing for months now. Why pay extra for a device which has a few final assembly steps in the US, when i can just source the components directly from China and build it in house?
Switching up key suppliers to avoid paying taxes to the trump regime is a hard sell with the suits upstairs, but when the Americans start slapping additional taxes onto themselves and driving up their prices, they are handing me a divestment opportunity on a silver platter.
Because we don’t criminally prosecute our corrupt former leaders, we re-elect them.
Wait, wasn’t it 30% on China? I am lost
I think the percentage changes based on when they last changed his diaper.
You and me both.
It’s more insane than that. 55% is only on certain items from China. Most are at 35%. So effectively Brazil would be higher. The craziest is they’re higher for purposes of political interference from USA…
remember , magats dont realize the countries arnt paying for tairffs, its the customers down the line.
Whatever TACO.
thanks, this is important too, but lemme ftfy xcancel.com/…/1943048225763782840 😘 if you want to read the comments without an account and tell elonazi to go fuck himself.
Remember the kids who rode the short bus to school? Once in a while, some of these kids would be in your class and sometimes they’d have an episode. Everyone would ignore them and let them settle down.
That’s America to the rest of the world now. Trump has made America the kids on the short bus.
He’s trying to interfere in other country’s legal systems now.
Isn’t just fucking with America enough for this dipstick?
The US have been doing that for a long time. Think of the DMCA or even the first opium conference (1910). Trump is just loudmouthedly open about it instead of talking between the lies. And, of course, everyone in his right mind hates him.
I’m so sick of hearing that this is America and both side are the same.
Things got worse in 2017.
They got better in 2021 and now it’s fucked to a level we haven’t seen before.
You don’t get to bail out your fascist friends, Donnie.
Hold the line Lula!
<img alt="" src="https://infosec.pub/pictrs/image/50c3aabb-fca3-422b-af7b-6522faf0f52e.jpeg">
Fuckin anno I don’t love how much I love capitalism the game but goddamnit it’s just so good.
Gee whiz, don’t you miss the days when the US government was more covert in their interference in Latin American countries’ affairs? The CIA contracted out their dirty work or had no-name agents do it for them. At least it’s as plain as day.
I hope California and Cascadia can secede before the US gets its nasty karma. Not all of us should pay.
In 64, yes. In the last election, no. Biden expressly told Bolsonaro’s toadies to go fuck themselves with their coup. Hopefully, Brazil has had time to set up protections against the US gov meddling from now until their next election.
PS: you can access the article if you go through this reddit page reddit.com/…/the_discreet_us_campaign_to_defend_b…
Dedollarization speedrun any%
Yeah, dollar reserves have lost about 11% this year. www.tradingview.com/symbols/TVC-DXY/?timeframe=60…
distraction from his epstein files situation, nice try trump.
But bombing children in isreal doesnt count for shit?
Gaza is not Israel
Jelly is not doughnut
Trump is a pedophile…
Thank you for coming to my Ted talk.