this post was submitted on 02 Apr 2025
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Among the reciprocal tariff levels Trump announced:

China: 34%

European Union: 20%

South Korea: 25%

India: 26%

Vietnam: 46%

Taiwan: 32%

Japan: 24%

Thailand: 36%

Switzerland: 31%

Indonesia: 32%

Malaysia: 24%

Cambodia: 49%

United Kingdom: 10%

Rest of the world: 10%

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[–] [email protected] 3 points 1 week ago

What a dumbass

[–] [email protected] 109 points 1 week ago (9 children)

Ironically crashing the economy is one of the best things you can do to slow down climate change

[–] [email protected] 22 points 1 week ago (7 children)

Trump will be remembered as the most influential US President.

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[–] [email protected] 14 points 1 week ago

Russian asset undermining American interests and alliances. Can't imagine why.

[–] [email protected] 15 points 1 week ago* (last edited 1 week ago) (6 children)

"The corporations own the government" made sense for a while, but Trump has done enough to hurt said corporations lately that I'm actually starting to question that idea (it's definitely true for the majority of Democrats though). The only real reason I can think of where it would make sense to do stuff like this is to cause a crisis making it easier to abuse power later on.

[–] [email protected] 15 points 1 week ago (2 children)

The corporations thought they own the government. They bought Trump into the White House. They should have known that he is mad.

[–] [email protected] 7 points 1 week ago (2 children)

The owners of the corporations own the govt. They are loyal to no company and no country. They can take their money anywhere, but so long as they are in the us they would prefer that the tax burden be shifted onto the people and off of them, with as few restrictions as possible on their own behavior.

The owners are still quite happy with trump. It's all of the littler con voters who are hopefully now reconsidering their vote.

[–] [email protected] 1 points 1 week ago

The corporate sponsors are only needed for elections. No elections, no sponsors...

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[–] [email protected] 3 points 1 week ago

Nope they should have realised that even though they "own" this government, the president is communicating with a foreign server they don't own.

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[–] [email protected] 35 points 1 week ago (2 children)

US dollar in absolute freefall. Thursday is going to be a bloodbath when the market opens.

[–] [email protected] 9 points 1 week ago (3 children)

1.084USD per EUR yesterday moved to 1.097USD per EUR today.

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[–] [email protected] 14 points 1 week ago

It's 8D chess. By crashing the economy and the dollar he can then increase the price of gold and liquidate Ft Knox at the perfect time. Then he can replace the dollar with trumpcoin. Truly a genius and a patriot.

Is /s needed?

[–] [email protected] 117 points 1 week ago (3 children)

Conveniently left Russia out. I wonder why.

[–] [email protected] 15 points 1 week ago

They are rest of the World. How dissrespectfull.

[–] [email protected] 8 points 1 week ago (4 children)

I think you're reading too much into that.

They're either under "Rest of world" like the EU, or the US doesn't import anything from it, which as it's under sanctions, it shouldn't - nor export to.

[–] [email protected] 4 points 1 week ago* (last edited 1 week ago)

Read it some more, Russia is 10%. Half of EU

[–] [email protected] 3 points 1 week ago

Like the EU?

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[–] [email protected] 81 points 1 week ago (5 children)

Russia and North Korea.

It's official. We are the baddies now.

[–] [email protected] 11 points 1 week ago* (last edited 1 week ago) (1 children)

If we can't buy anythibg from North Korea, what would be tariffed?

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[–] [email protected] 40 points 1 week ago* (last edited 1 week ago) (2 children)

In 2020, I thought Covid might crash the economy. You know, history repeats itself. But oh, was I wrong; it'll all be caused by a single fuckwit which deserves to be tortured.

Fuck anyone involved in making the world a worse place. I hope they all die in fucking agony.

[–] [email protected] 11 points 1 week ago

Together, we can make that happen

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[–] [email protected] 83 points 1 week ago* (last edited 1 week ago) (10 children)

isn't this just going to fuck up the US economy rather than meaningfully affect any other country? you don't fucking produce anything worth a shit anymore.

[–] [email protected] 18 points 1 week ago

It will have an effect on other countries, but fuck up the US economy the worst. Other countries have the benefit of having 190+ other countries to do trade with. Over the next few years, they will increasingly go for alternatives to whatever they've previously traded with the US. Thanks to the stable genius, the US will permanently be left poorer, while other countries will soon have economic growth again.

[–] [email protected] 49 points 1 week ago (1 children)

Trump has no idea how the economy works, his wealth is propped up by Russian oligarchs laundering money through his assets.

This move is almost certainly being directed to him through foreign agents the traitor has as advisors (though they consider themselves handlers) on behalf of Putin and other regimes hostile to the US who back door'd their way into the situation through his greed and lack of morality.

[–] [email protected] 13 points 1 week ago* (last edited 1 week ago)

Also intentionally crashing the economy to hurt political enemies and cause civil unrest (mass government firings = lots of educated qualified people out of work, also drives down wages of other educated qualified people). Techo-fascist corporate cities and Gilead don’t need a Dow Jones index.

[–] [email protected] 14 points 1 week ago (4 children)

He is gambling on the fact that Us economy can hold off longer than other countries and they’ll cave

It’s like two people holding their breath bad for both but neither wants to lose

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[–] [email protected] 31 points 1 week ago* (last edited 1 week ago) (2 children)

Fuck Cambodia specifically. Trump probably got a bad VD from there at some point.

[–] [email protected] 20 points 1 week ago* (last edited 1 week ago) (2 children)

The horrible cruelty regarding Cambodia is that the reason they have such a high trade deficit is that most Cambodians are too poor to be able to begin to afford anything that America has to offer.

It's one of the poorest countries in Asia, they could cut their tariffs to 0% and the net effect would be less than the measurable rounding error on total American exports.

Trump is going to tank the economy of an already poverty-stricken country and plunge it into exactly the kind of instability that destroyed it once already just because "fuck you, give me more".

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[–] [email protected] 14 points 1 week ago

Probably got a surprise when he went to grab a ladyboy by the pussy.

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