US to implement 104% tariff on China as Trump-imposed deadline passes
(www.theguardian.com)
from compostgoblin@slrpnk.net to world@lemmy.world on 08 Apr 2025 18:05
https://slrpnk.net/post/20555814
from compostgoblin@slrpnk.net to world@lemmy.world on 08 Apr 2025 18:05
https://slrpnk.net/post/20555814
#world
threaded - newest
Popcorn-time! Oh, no, that shit is American. Beer and sausages time!
I am ready to watch a disaster movie.
Nah, we have popcorn corn in Europe, too.
This is how real wars start.
Tom Clancy was far too elaborate
Wish he was still alive, everyday would be a WTF Day for him.
Putting idiots in charge is certainly one of the leading causes of war in human history.
This is terrifying. Americans are running headfirst into the Greatest Depression, except this time they are the Nazis and they have enough nukes to eradicate life on Earth.
And their political discourse oscillates between “serves us right” and “yes daddy”. Republicans are complicit and literally everyone else will refuse to resort to political violence or disobedience even as Trump orders nukes to be fired at whoever he’s mad at that week.
“In 2024, China was the top supplier of goods to the United States, accounting for 16.5 percent of total goods imports. U.S. goods imports from China totaled $438.9 billion.”
lol that would be hilarious to see. If he manages to piss Mexico and Canada too (same numbers), the USA will import nothing in the next few years.
Yeah, our economy will collapse and we’ll all be waiting in bread lines. Can’t wait.
gotta love every one in the world laughing at us as we suffer at the hands of lunatics.
doi they understand WE didn’t vote for this shit. big because of the stupid ass electorial college here we are.
well, there was that 40% of shitheads who didn’t bother at all.
“I couldn’t vote for genocide”
you could? huh, weird flex but okay
How’s that ceasefire going?
Trump tower gaza coming up next. Thanks to Jill Stein, Rashid Tlaib and Kshama Sawant. Genocide will be solved since there wont be any Palestinians left. Brilliant move by Pro Palestinian reactionaries. Bravo Rashida, Kshama and Jill. Bravo
Imagine not “voting for genocide” and not only getting more genocide but also a trade war with the entire world.
I hope you can buy eggs with “principles”.
Interesting that you think I’m American. Just amazed by people stating openly that they’re okay with genocide.
Guess poor reading comprehension isn’t just an American thing then
Let’s be real, Israel was gonna do whatever the fuck it wanted anyway. The ceasefire was bullshit and now people are so focused on the orange clowns bullshit that soon there won’t be any Palestinians left.
That’s a good sentiment which should be encouraged. If more Americans had that base level of compassion we wouldn’t be here now.
Decades of trading death and destruction globally for comfort at home built an America ripe for the taking by the likes of Trump as he simply had to capitalize on the sentiments created by that “us at the cost of them” system better than Kamala was able to.
Um. Many did, and we are here. Possibly as a result of that “compassion”. The lesson is that single-issue voters will sink the boat they are in and achieve nothing as a result.
2/3 of the voting populace saw Trump next to Kamala and considered Kamala a bigger threat
So yeah, fuck it. Let the US feel pain.
No, but you’re the ones that have to fix it. We can’t do it for you.
With “we didn’t vote for it”, do you mean you voted for Kamala Harris, or did you vote third party, or didn’t you vote at all?
What would you have the rest of the world do? Thoughts and prayers?
On the one hand, I want to have sympathy for the suffering of my American neighbours.
On the other hand, you dumbfucks let THAT guy get into power… TWICE! I’d be disappointed if it was just the once, but TWICE!? You people saw how bad it was the first time, and voted for another round. Hearts out to the people who are suffering, but clearly this is what the majority of you want, so I can’t feel much sympathy anymore.
He won the popular vote by less than one percent. That’s not a majority of people. It’s also less than 35% of the population.
36% of the eligible population didn’t vote and that can only mean they were fine with both Trump and Harris. That makes 71% of the population - the majority of the people.
nitpick: not everyone who wanted to vote always can vote (republican-led states tried to greatly reduce polling stations, mail-in voting, etc. ahead of elections), but it probably doesn't move that number by a ton.
Nearly 90 million people didn’t vote in the 2024 USA election. If you don’t want to become an American, don’t act like one.
🇨🇦 ✊ 🇨🇦 GET OUT AND VOTE 🇨🇦 ✊ 🇨🇦
no excuses: www.elections.ca/home.aspx/
I'm growing my own food in the backyard, should be ready to eat by August!
You won’t starve to death. don’t worry.
There won’t be much bread to wait for. The billionaires won’t finance it, and the government won’t have the resources anymore.
Fat orange fuck will still be golfing and calling you a sad loser.
American made bread lines power by beautiful clean coal.
Besides Oil, USA doesn’t actually need a lot of imports (and I’m not rly sure how much imported oil they actually need if allowing for a slight increase in energy cost). Today the US relies on imports cause it managed to outsource all possible labor-intensive tasks to whom now are now the manufacturers, but getting those industries back to being made locally shouldn’t take more than say, 5 years. US just imports these things because they’re cheaper to make that way, but has everything except as-cheap labor to make them (including the know-how).
If this maneuver is successful, it would likely be very good for US working class.
This is not a trump endorsement btw. It’s just good socioeconomic strategy to bring industry back to national territory.
Edit: To those of you who are downvoting me (i.e. everyone), don’t worry. I still love you. <3.
Edit 2: I think this is my all time most downvoted comment of all time! I don’t know what to say… I’d like to thank my autism and lack of rewarding life experiences. Hi, mom! :D
This only works if you have a captive semi slave work force that could be paid minimally or not at all.
You mean like every empire in the history of civilization or dare I say every nation state currently recognized by the UN does?
Yes, it does and that’s why they’re doing it this way.
Random Google search:
You missed a 0 here, I certainly don’t expect any country to create millions of jobs in 5 years.
People buy because it’s cheaper. And we import because we can’t make them. But even if we could (which we can’t), their prices would triple while you wait for people to be trained and factories to be built.
Doubling or tripling the prices will be very bad for all the classes except millionaires.
One last quote: “Donald Trump’s Atlantic City casinos have undergone four bankruptcies.” He has no strategy, he’s officially a fucking idiot. Even I without any knowledge wouldn’t be able to fuck up a casino that bad.
Well someone didn’t really care to understand what I was actually saying OR do their homework very well.
Please tell me which of these imports (sauce: wiki) cannot be substituted in the short term and is of critical importance. There’s pharmaceutical and there’s medical and they don’t represent a very large chunk of imports. Pharmaceuticals can be made anywhere (they just follow the lowest taxes) and medical equipment… guess who was the world’s largest exporter of this? The USA (see table in page 210).
Yes, consumer goods are a big import but they can be substituted to a great degree in the short term and relocated to be manufactured nationally within the mid term. That was kinda what I said, you know, before.
No, I did not miss a zero, thank you. Unskilled labor needs a few months of on boarding at most and the capital moves freely to where the money is to be made. Yes, factories take some years to build but while there’s money to be made, they’ll be built very fast. The most profitable ones, anyway.
You can make those goods! I believe in you! cheers
How do you think those foreign companies started making them? Who do you think they copied?
It’s all stolen US/EU IP and probably a big chunk of the first movers of tech stuff are partially US-owned. All their specifications and that of the machinery that makes them were likely created in the USA or EU. This is easy to understand and see if you look at the auto industry. Anyone can make low skill labor intensive stuff… The difficulty is by definition not in the manufacturing process… The problem is it’s usually only convenient for everyone for the country with the cheapest labor to make the stuff cause cheaper. The machinery and facilities required to make these things were likely also designed in the west 90% of the time.
Doubling and tripling prices in exchange for having a living wage for someone who currently has a $0 income is actually a really good deal.
I’m not saying he’s not an idiot or that he’s capable of empathy. This isn’t about that. This is just a good move on its own. Had to be done. Sry. You guys were walking straight to an abyss out of fear of people
like youoverreacting, like you are now.Oh and I’m sorry if your portfolio isn’t doing well and you’re cranky. You’ll be back in the greens in no time.
Have a nice week, friend.
edit: I realize saying “people like you overreacting” was unfair. I apologize.
I’m not American and don’t have a portfolio. I’m just here for the lulz. The greatest country ever since the 70s managed to vote for the most stupid guy ever for absolutely no valid reason, and will destroy what they created in the process.
Well, hope you’re enjoying the schadenfreude. Have a good one.
Oh, we do. The popcorn is great.
Good luck with that. Like with all basic industrial ingredients that the US imports because they are cheaper elsewhere, you have long lost all the machinery, the sites, and the skills you need for producing them at home.
Well good news is it doesn’t matter that much cause they’re already overcharging their people for medication 10000x
I see you’re editing your comment and included something about oil. The decision of petroleum being either extracted or imported is based on local extraction costs vs import prices. This is why I mentioned “allowing for slight energy cost increase”. You could very well be importing 100% of your oil and just not extracting your own because slightly more expensive… And once again, this would be giving away labor to the world at the cost of US workers so companies that relied heavily on energy got better profit margins (i.e. mining, logistics, etc)
I don’t make the rules. This is just how it works.
If this was a targeted tariffs at something we specifically used to be good at, for example cars, and it came with price controls for the internal market, you might have a point.
As it stands a broad global tariff will not shift manufacturing “back” to the US it will simply serve to further monopolize the economy further.
Just to remind you: how many screws and nails are made in USA? How many electronic parts - not the devices themselves, but the itsy bitsy things on the mainboards like resistors and capacitors - are made in USA? How many of the basic chemicals needed to make pharmaceutical and other chemical products are still made in the USA?
The truth is: NEARLY NONE.
This is a the first good argument I’ve heard from any of you crybabies. OK, you have a point.
US working class is not going to get any benefit of this assuming that US is able to bring the manufacturing back. The robots are more cost effective than paying US working wage in many cases. They are going to automate the factories.
Now coming to bringing back manufacturing, the carrot approach usually works better. Its possible to move some part of critical infrastructure back. Example is semi conductor chips. What tariffs do is opposite. Tariffs forces countries to move supply chain away from US and eventually moving away from US dollar as reserve. Now normally this would result in a war. The problem is US cant go to a war with China. There are 3 nuclear countries in that region. SEA wont even help US against China. Same goes for India and Russia. Its not afghanistan anymore. US loses its bases in entirety of Asia as a result of this and dollar will be thrown out of the equation.
I don’t think its going to take very long for tariffs to bite American consumers. A month ago I bought a $1000 technology item that is manufactured in China. I see that same item’s price has raised to $1200 in the last week or so. This was an item ordered from online, so its possible they didn’t have a large inventory onshore in the USA.
There are bricks and mortar retailers that have weeks or months of inventory warehoused in the USA just as part of their normal supply chain. However without replenishment, popular items will sell out and simply not be stocked again because the tariff affected margins will price out consumers for many of those goods. I’d say if these tariffs stay as they are (or get worse) our retailers are going to have lots of empty shelves in 3 months.
We saw what happened with toilet paper in 2020 and said “wouldn’t it be great if everything could be like this? At least we wouldn’t have a black lady as President!”.
We are so racist and sexist as a country that we couldn’t stomach voting for a black woman to be president.
America is more sexist than racist. The problem is its incredibly racist to begin with in first place.
America is sexist.
The south is so unimaginably and violently racist it almost makes their insane sexism seem petty in comparison.
It’s the other way round IMO. It’s incredibly racist but the misogyny is even more. I have lived and traveled in US and the racism exists outside of major cities but misogyny is universal. Even in liberal cities you can be sexist in the open, in the hiring practices etc.
Can you link the item I just wanna see it for myself so I can show idiot trumpers proof
I’m not sure it would help for your proof. It just shows the new higher price now.
USA turning into Cuba
It’s not impossible though. It’s like every country opened their eyes and said fuck it because Trump makes no exception in hating everyone.
I only know the USA from movies and TV, and the USA always got a free pass because they ruled the world, they are number 1, they have the best quality of life, and a lot of other lies that we kept telling ourselves because they were the good big brother that was, until recently, relatively “smart.”
But Trump pissed every country on earth at the same time, and it’s like we realized we were wrong since the 80s about everything that happened in and out of the USA.
It’s good for me because we will be more self reliant without this erratic big brother. It’s very bad because Russia won’t be affected, Americans will be poorer, and China seems now to be the most “reliable” super power that can still make and sell everything. But countries getting back some of their Independence is always a nice thing. Millions will suffer though.
Personally i see this as a good thing for everyone else than the USA. Every other country can now explore other markets, buy and sell their products to countries that actually want their products and make money from deals they did not have previously.
The USA on the other hand, has shut the door to all markets, and lost any credibility that it may have had. Not only this, but the stability that it has lost will be tough to undo
USA turning itself into Cuba.
It takes a next level pants on head stupid to do this to yourself unprompted.
He’s already pissed off Mexico and Canada. He’s pissed off most of the world.
It’s about to get absolutely stupid. Like I know everyone thinks things are bonkers now, but up until this week vendors I work with, that supply electronic equipment either partially or entirely manufactured in China, were still honoring quotes created weeks ago. This week we’re being told that quotes we’ve had in the works for weeks or months are now likely going to be pulled and not honored, and that was BEFORE this additional increase. We’re talking large spend that’s likely going to be delayed indefinitely, which will almost certainly shrink the entire GDP and cause mass layoffs, and we’ll be in a depression before we know it. I wish I was being hyperbolic, but I’m watching multi million dollar spends planned for the better part of a year evaporate because quotes won’t be honored.
He doesn’t realize that this is a war that can’t win, right?
Maybe all China has to do is to threaten to kick out Tesla and give their gigafactory to byd. The real president is going to be really angry with the sockpuppet
I hope China claps back with an even higher percentage. See who folds first: the orange trash bag with a country full of people whining that they can’t get their cheap Shein and Teemu slop anymore or the country that trade in mass volumes with the entire world and can probably easily trade anything bound for the US to other countries instead.
They stop being effective. At 50% if there is another supplier they will be cheaper and get picked. If you set it to 100% or 200% it doesn’t make much of a difference. Trade just stops between the countries unless there is only a single supplier for what you need.
Well that’s what the US has just done so let’s see if that happens.
Americans don’t just buy Chinese products from Shein and Temu. They buy those products from Walmart, Target, Amazon and essentially every major US retailer.
The US is speedrunning ending their empire on the current trajectory. The world needs to call their bluff to put them in their place.
I fully agree with you but I don’t think the orange wankstain is bluffing. I believe that he legitimately thinks he’s doing God’s work and “making America great again” by completely crashing the entire country.
He was never smart enough for that.
Let’s all unite together as one and put 1000% on America. This is the guy most Americans found best suited to steer the country!
no we didn’t. they used anti voter legislation strategically planned over decades to eliminate voters. they are still doing this, just look into the SAVE act which will require people to now have their birth certificate or passport to vote… these if course are not common documents here as you have to pay for both, they can be pricey and time consuming to get.
There’s no way this could go wrong twice, so what the heck, put it all on the green 00.
Hopefully they slap back with and then the EU responds is quick to respond to this recent April tariffs. Slap tariffs on US services
That doomsday clock is a lot more quiet than I expected it to be.
$2B/day huh?
So $7T wiped out of Americans savings will only take 3500 days to pay back. I guess they’ll be writing cheques then?
Trump really doesn’t get it does he?
Like powerful people have been assassinated for less
Bezos has the Jackal on this shit, beliedat.
Much less