Trump says tariffs on South Korean autos, pharma, to rise to 25% over trade deal approval delay (www.cnbc.com)
from throws_lemy@reddthat.com to world@lemmy.world on 26 Jan 23:24
https://reddthat.com/post/58998936

President Donald Trump said Monday that he was increasing tariffs on imported autos, pharmaceuticals, and lumber from South Korea from 15% to 25% because of a delay in that country’s legislature approving a trade deal with the United States reached last summer.

“South Korea’s Legislature is not living up to its Deal with the United States,” Trump said in a Truth Social post.

#world

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homes@piefed.world on 27 Jan 00:07 next collapse

Will it last more than a day like his other tariffs didn’t?

🌮

thejml@sh.itjust.works on 27 Jan 01:13 collapse

It’s only supposed to last long enough to tank stocks so the insiders can buy the dip and then he’ll say “after much consideration, we reached an agreement” and everyone in his circles will buy another yacht.

Rhaedas@fedia.io on 27 Jan 01:38 collapse

See, tariffs do help some people. Just not the ones that need help.

adespoton@lemmy.ca on 27 Jan 01:07 next collapse

Hi South Korea. I’m representing the rest of the world. We’d be happy to have preferred trade agreements with you to cover any shortfalls you may experience due to the US charging their citizens to purchase your products.

lolo@sh.itjust.works on 27 Jan 01:11 next collapse

Just put 1000% tariffs on every country in the world. That will solve ALL your problems, you stupid fucking criminal.

PetteriPano@lemmy.world on 27 Jan 01:35 next collapse

What about those Epstein files, though?

pelespirit@sh.itjust.works on 27 Jan 01:45 collapse

Doesn’t he seem to be freaking out about everything? He’s back pedaling a lot lately too.

n0respect@lemmy.dbzer0.com on 27 Jan 07:16 next collapse

Trump raises taxes on Americans. Again.

MrSulu@lemmy.ml on 27 Jan 08:02 collapse

And so he continues selling the myth of tariffs being better for Americans. When will they learn?