A community for discussing events around the World
Rule 1: posts have the following requirements:
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
News [email protected]
Politics [email protected]
World Politics [email protected]
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
Me, checking what the damage is: oh good, my European defence stocks went up 2 to 4 percent today while the American stocks are tanking, happy days!
Me, after thinking on it a bit longer: oh God, my European defence stocks went up while the world economy is taking a hit, better get ready for whatever's coming
Trump clearly has some feelings about Vietnam. He used his “bone spurs” excuse to avoid being sent over there back in the day. Lmao
What a pussy
Trump announces "Things aren't expensive enough."
Been browsing the conservative subreddit this morning just to see what they all are thinking. There is a surprising number of "This is a terrible idea" comments but its also funny seeing a whole bunch of republicans who now suddenly like higher taxes, inflation and stock crashes.
In case anyones looking at this and asking question like "Why has Cambodia been dunked with 49% when they're clearly not a competitor to the US" or "Why is Trump claiming that the European Union has a 40% tariff on the US when the actual mean tariff on US goods into the EU is less than 5%", here's your answer to how these figures have been calculated.
The "reason" behind this is that Trump seems to think trade deficits are really bad, which is bad news for the US because it's had a trade deficit for the last 50 years. We'll ignore the fact that based on GDP it's been the wealthiest country in the world for that time though.
Anyway, just to give everyone an idea of how completely, utterly unrelated to anything meaningful that figure is, let's take Cambodia. The country is very poor compared to the US so can't afford to buy anything that the US manufacters (Cambodians aren't driving round in Teslas or IMessaging each other). Some US companies use it for clothing manufacture because labour is cheap in Cambodia (see the previous bit about Cambodia being much poorer than the US). This means that Cambodia imports close to nothing from the US compared to what it exports, giving it a close to 100% trade deficit, so we wind up with a 49% tariff on Cambodia.
I genuinely don't understand the mindset that looks at the US's explotation of cheap labour in Cambodia and interprets the US as the victim in that relationship, but hey-ho maybe I'm just not biggly-smart enough to understand the 4d chess moves at play here. . .
Reference (because unfortunately none of what I said was made up and that geniunely is the calculation): https://www.theguardian.com/us-news/2025/apr/03/trumps-idiotic-and-flawed-tariff-calculations-stun-economists
Edit: After making fun of Trump for not understanding the enconomy, I went and conflated per capita GDP with GDP. Doh! Now corrected.
Putting on my best swiss cheese brain, maybe they are treating it 'like a business' and trying to do debt to income ratio? So our deficit is the debt then they look at tariffs on the imported goods as the income.
Do you know if this holds for other countries too?
Thanks for the explanation! It is unbelievable that these are the folks with nuclear codes.
Thank you for the reference, I scrolled to the bottom to check if you were copypasta-ing us before going back and reading it. We just all live in Crazytown now I guess.
I don't think these are reciprocal. I think these are unilateral, and when countries respond, their tariffs will be reciprocal. The distinction is very important. This is a problem created by Trump, not by other countries. You don't get to choose false language to describe it that shifts the blame.
Is he acting salty about the Vietnam war or what?
Curious that Russia is missing
They get 10%.
They get 10%
Im 100% sure they will not get any tariffs... a special 'exception' will be made for Russia