His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.
Does it feel like Trump just learned the word “tariff” a couple weeks ago or is that just me?
No he definitely learned it years ago, but he’s a simple boy, he can’t hold too many concepts in his head. It’s mostly just rape, fraud, and now tariffs
Did you really just forget his entire first presidency?
I try hard to.
We all do. I had hoped not to read some completely insane headline each day for four years, but here we go again.
The amount of goldfish brain that goes on around here is staggering. It’s no wonder they constantly get away with shit.
It also feels like he means his „100% tariff“ takes all the money.
Let’s keep it that way. Imagine if he discovers one day he could go over 100%.
There he is: https://youtu.be/ngKT3MIfwpo
‘Trade wars are easy to win’
Wait until someone tells him that that tarrifs can go above 100%
Tarrif 1.05?
Ludicrous. How can you have .05 of an idea?
Bro is undermining the dollar himself.
“If you step out of line, so help me, I will TANK MY OWN ECONOMY!”
Ngl, hes an accelerationists wet dream
I’m sure this will help drive BRICS closer together as they feel attacked by America. Allowing Russia to poach powerful allies away from the US.
Trump must be Putins greatest dream.
Yeah, Trump ending the dollar as the reserve currency would be a fitting legacy.
Yeah it would be extremely funny (and probably bad) if he accidentally own-goal’ed this.
Accidentally?
Yes of course. What do you think Trump wants? He wants people kissing ass, he wants groveling, he wants adoration.
Everything else that he does is clearly designed to get that, and if it has side effects, he just doesn’t care, because he’s too powerful to care.
He also wants inflation, as that reduces the real value of the debt on his real estate holdings.
Ooh! Donny boy found a new hammer. Hitting anything now
Like a 7yo who has learned that people can be sued.
“I’ll TARIFF YOU!”
Trump 110% still believes that other countries pay these tariffs.
He believes they can’t raise their own tariffs in turn. That’s the real danger here. Not Americans paying double for some knock off plastic widget on Temu, but American exporters running into an equivalent tariff wall trying to import cars and computers and pork shoulders into China.
He’s taking a guillotine to American global logistics
And when it crashes it will be the Deep State’s fault.
More like he DGAF.:-P
I’m not so sure.
It’s free money for the government isn’t it? If he’s all about greed or grift, then isn’t it the more the merrier?
Disclaimer: I’m not from USA, I’m watching from the other side of the world.
Raising the income tax to 100% might also give you a brief surge of revenue before people start starving and then burning things.
Man the rest of the world should just cut the US out of trading completely and become more self sufficient. This shit is way beyond ridiculous.
The thing is, they have no real reason to care about the threat of a tariff. It makes domestic US prices increase. For a lot of things, there isn’t the ability to start making it domestically in a timely fashion, so either demand drops for a bit or if it’s something vital, then the producer never even notices.
It’s threatening the shoe store by waving a chainsaw at your legs. Sure they’ll have some reduced sales, but you’re mostly hurting yourself.
Why do you suggest foreign trade partners have no reason to care? The US market will reduce. All trade partners care about that.
Sure it’s not ideal, but it’s a much bigger blow to the US market than to the other markets. We’re not the only buyer, just a big one.
Punishing your electorate for buying imported products only makes sense on paper if you have a domestic supply of the product.
For a lot of what’s going to be tarifed, prices will just go up and no domestic supply can scale during the life of the tariff, with politicians having to gauge how much they can punish the people who elect them to pressure other nations into doing things they’re not going to do regardless.Sure it’s not ideal, but it’s a much bigger blow to the US market than to the other markets. We’re not the only buyer, just a big one.
No issues with that more nuanced phrasing.
“It’s threatening the shoe store by waving a chainsaw at your legs” I don’t know if you personally made this up, but this cracked me up.
Remember how China’s CCP keeps trying to have its way by using threats to bully other nations into submission and all it does is rally everyone against them instead? Watch the world turn its back to the US even faster now.
Yup. The first Trump presidency is why North Korea is blowing up roads and sending weapons and military units to Russia. Just read the open letter Kim Jong-Un sent to Trump after their Infamous meeting. Kim essentially called Trump a lier and that Kim wouldn’t be made the fool again. Trump spent less than 12 hours with Kim and destroyed any possibility of reunification of Korea. Dude is a cancer
What the world must learn is that, in the American system, the word of a sitting president or from his secretaries are worth next to nothing in the medium to long term (ie beyond 8 years) until it passes congress and becomes law. I would say the world is a sucker for believing that promises made by the executive would stick beyond their own terms
That’s the plan.
Why does he even give a shit about currency pairs if he wants everyone to just buy American?
He doesn’t understand, he just does what Putin says
Oddly enough he’d be imposing tariffs on Russia too, despite sanctions. Guess he wants a strong dollar for the sake of just having a strong dollar. Shrug
Is there even a point to putting tariffs on Russian goods with all those sanctions on Russia?
Yes, it hurts Americans as intended.
It can’t benefit Russia, that’s a good enough reason.
Oh - he does. It’s the one most devastating things that could happen to the us. Last time someone tried they ended up dead. Gadhaffi did at least
Man’s really out here acting like tariffs are a cheat to fix everything. This whole move screams “short term flex, long term mess.” BRICS isn’t gonna back down just because Trump said so on Truth Social.
It’s going to be fun when americans understands this.
Americans have an amazing capacity to not understand things for centuries after the fact. Some of them are still in denial about why the civil war happened.
When the consequences of Trump’s tariffs become clear, they’ll just blame the closest Democrat.
Something I think Trump is great at is pointing at other factors for why things would be bad. For instance he will point to the imigration and other thing instead of his own actions. I fucking hate this guy but I have to admit he is good at what he is doing and that is lying.
Mostly because even the mainstream media will never call him out on it. There’s never been a headline like ‘Trump lies about ___’, despite him constantly, knowingly lying.
That is not really true. Also if the news would have to constantly say he was lying (which they do) then thry would use all there time on it because he lies constantly.
https://www.nytimes.com/2024/09/10/us/politics/trump-debate-immigrants-pets.html
‘They’re Eating the Cats’: Trump Repeats False Claim About Immigrants
Not ‘lies about immigrants’, it’s ‘repeats false claims’, implying that he has no agency or responsibility when he does this, just the same passive voice reserved for officer involved shootings and spontaneous explosions in Gaza.
They never dare to use ‘lie’. If you’re going to write the article anyway, call things what they are.
Of course they don’t, otherwise they get sued, then the onus is on them to prove that Trump knew it was false at the time he said it.
Good luck proving that.
Don’t bet your savings on that, he did the same bullying moves last time and look where we are now.
Large assumption that my fellow Americans will understand this. They’ll just spin it as bidens fault or some shit. Zero accountability or understanding necessary.
77 million won’t, 74.5 million will say “I told you so, I’ve been telling you so, how are y’all such a goddamn bunch of deplorable morons?”
80 million will continue to be either unable to vote in federal elections or just actually dumber than the Trumpers.
For someone who isn’t Putin’s puppet he does and says a lot of stuff that makes him look like Putin’s puppet. If it quacks like a duck…
Even though it would affect me as an American citizen, I wonder what will happen if all countries decided to sanction the U.S.? Presumbly to rebuke a near-fascist leader coming to power. How many countries would actually do it is another question.
Only 100%? How about billion bazillion percent instead Donald? And make them buy you a pony too while you’re at it, that’ll show’em!
Oh no, these countries wanna be less dependent on the US? Better try and bully them with what little leverage we got left, great plan. Honestly, if he actually does it and it screws over the economy, maybe people will finally wake up and do something about him.
