Summary
Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.
The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.
Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.
Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.
There is simple logic in it. Punish everyone, and then let them come to you asking for exemptions. Then he can demand things in exchange. After that it’s “Pray I don’t alter the deal any further.”
UK already asked for an exemption and he said they should buy chlorinated chicken first. If every country responds in the same way and gives in he’s making bank. If they respond with a boycott on anything American, especially digital services, things get bad.
Well if hes following Project 2025, which it seems based on recent comments by Elon Musk, then hes expecting other countries to remove all tariffs first. As you say, chlorinated chicken, but if you dont then you dont get to sell your healthy chickens to America, and all that money you owe thats denominated in USD becomes very hard to acquire.
Maybe the better option is to allow it but to label it with its harmful chemicals, let the free market decide, in a kind of democratic process of people determining their own marginal utility versus budget constraints. You can still buy cigarettes in the UK and Europe as well, so whats a bit of American chicken versus a lifetime of smoking?
For when your food grows up in so much squalor that you need to dip them in chlorine to fake the bacterial culture tests.
Have we forgotten that he has done this each month since he was Inaugurated?
Today the stock market will crash on this news. The wealthy will buy on this massive dip, and in a few days, HitlerPig will announce that the countries on his list have responded to his tariff threats, so he is postponing them for a month or so.
The stock market will recover a bit, and the wealthy will make a fortune. In a month, he’ll do it all over again.
It’s deliberate market manipulation.
I’ve been using it ever since i heard thats what the younger staffers in the Biden White House called him. I found it simultaneously hilarious, vicious, and accurate. I encourage you and others to use it often.
Agent Krasnov is an acceptsble alternative.
Other suggestions:
Kapo Stephen “PeeWee Himmler” Miller (my favorite)
Steve “Unwiped Asshole” Bannon
Empty G
Lauren Boobert
Big Boobie Bondi
Couchfucker Vance (not very original, but a good reminder)
Gold Digging Whore (the Propaganda Secretary, I can’t be bothered to learn her name)
Traitor also works for all of them. Nazi, too.
And we’ll all be destitute for it. Everyone loses when they do this, yes, even they do in the long run. Once nobody can buy a loaf of bread I’m sure we’ll collectively decide right at that moment that the rich actually do taste good and maybe they should pay more in taxes.
Trump’s government has made the US a village idiot - and if the idiot gets into a fight with the whole village, the idiot will have more bruises.
Why he does that - I don’t pretend to understand.
He’s preparing for an authoritarian takeover.
Almost every dictator in history enacted massive tariffs so they had a way to control the economy. Loyal businesses are given tariff exemptions while all the other ones are suppressed. That’s what Mussolini did, that’s what Putin did and now it’s what trump does.
I’ll wonder if that “we need guns to defend ourselves against an oppressive government” statement was true.
All the guns on the world won’t do any good against a missile. Gun nuts are just waiting for an excuse to shoot their neighbors. Jokes on them because no gun can save them from getting 🗡 In their sleep or getting their food ☠️.
The village idiot has more guns than the whole village together. So I’m not sure he will accept the bruises.
Vlad Vexler makes the point that the point of is not at all economics but that it does have a basis in logic: it is about asserting that he can do this, that his political power is above economic rationality. It is a political move, not an economic play.