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] 26 points 2 weeks ago* (last edited 2 weeks ago) (3 children)

I don't know what the actual reasoning is but the 49/46% on Cambodia and Vietnam sounds an awful lot like how we still embargo Cuba like decades after failing to overthrow Castro.

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[–] [email protected] 25 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

I swear that if we could just all ignore him unless he does nice things, we'll make him stop. The tariffs are not his plan. That's someone else pulling the strings. He just likes the attention. Giving a malignant narcissist any kind of supply is just going to make him worse. His fans already treat him like the messiah.

Gray rock the shit out of him. Remove his name from the internet, hack Fox news - take it all down, and only give it back when he behaves like a good boy.

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[–] [email protected] 9 points 2 weeks ago

Can't wait for tomorrow's sell off. Its going to be a black Friday Friday.

[–] [email protected] 8 points 2 weeks ago

I was gonna get me some Cambodia and Vietnam from eBay. Now what?

[–] [email protected] 14 points 2 weeks ago

Oh boy. It's stagflation time

[–] [email protected] 58 points 2 weeks ago (3 children)

Thanks for typing out the percentages, so far I've only seen emotional news reports about it without any detailed info.

Are these tariffs on ALL goods from a certain country? Eg, does 34% on China mean 34% on ALL Chinese goods or just certain ones like cars?

Well, one of two things will happen now.

  • The US economy will recede by roughly 30% over the coming years (classified by economists as "catastrophic collapse")

  • It will turn out that trade was "fake and gay" all along and autarky is the way to go, despite centuries of historic lessons to the contrary.

Take your pick.

[–] [email protected] 7 points 2 weeks ago

american juche now!

[–] [email protected] 10 points 2 weeks ago (3 children)

30% seems pretty generous. Nevermind the complete collapse of trade and alliances we built over the past century, won't countries stop using the us dollar as the backing reserve? Which will likely set america on an even further downward trend, especially since the dollar isn't on the gold standard anymore?

[–] [email protected] 16 points 2 weeks ago

won’t countries stop using the us dollar as the backing reserve

Yeah. Putin's gonna be so pleased.

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[–] [email protected] 24 points 2 weeks ago

It's all goods from those countries.

[–] [email protected] 21 points 2 weeks ago

And crashed the market more!

[–] [email protected] 5 points 2 weeks ago

Look I'm a big boy doing big boy things

[–] [email protected] 12 points 2 weeks ago

This is like watching the toughest guy in the prison who runs the biggest gang just start smashing his own head against the concrete floor

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