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] 54 points 3 weeks ago* (last edited 3 weeks ago) (8 children)

I'd love to open the news one evening and not feel like we're another step closer to the apocalypse.

Honestly, fuck Trump. Where my Luigis at?

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[–] [email protected] 12 points 3 weeks ago (4 children)

Surprised I don't see Brasil (sp?) on there not surprised I don't see Hungary Turkiye Russia or Israel on there.

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[–] [email protected] 41 points 3 weeks ago* (last edited 3 weeks ago) (8 children)

Trump: Meta will invest $500 billion.

Truth: Meta will invest around $60 billion.

Thats a gross mis representation of what’s factually correct in monetary terms.

This fucking asshat is going to sink the American economy. No major company is going to do this. Why would TSMC spend “$500 billion” to build a factory?

Them just paying the tariff would be less than building a new factory. They just need to survive trumps term and frankly, when the U.S. can’t get chips at an affordable price from Taiwan, those tariffs will fall away like a pillar f sand during high tide.

Absolutely dumbest fucking turd on the planet.

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[–] [email protected] 111 points 3 weeks ago* (last edited 3 weeks ago) (16 children)

I mean, this will suck in rhe short term, but these companies will exit the U.S. market if it gets to be uneconomical, and we'll be fucked, not them. Trump's I Am sO sMaRt comments all the time will make him look like an even bigger idiot than he already does.

If we actually want manufacturing in the U.S., give companies incentives to do business here. This is the opposite of incentives.

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[–] [email protected] 53 points 3 weeks ago (3 children)

They'll be reverted as soon as he gets some flattery and palm greasing from the right people.

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[–] [email protected] 178 points 3 weeks ago (6 children)

A lot of people’s lives are about to get more expensive… again.

Is this winning?

[–] [email protected] 113 points 3 weeks ago (2 children)

China and Vietnam are producing a lot of the low cost every day items people use. It's going to hit the lower income people the hardest. Thank goodness I'm in Canada.

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[–] [email protected] 295 points 3 weeks ago (22 children)

Is he using a random number generator?

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[–] [email protected] 29 points 3 weeks ago (1 children)

Cambodia and Vietnam are so fucked. All the Chinese companies shifting production to Vietnam and Cambodia are fucked. Damn. These are very high tariffs.

[–] [email protected] 39 points 3 weeks ago

Most of all, the US is fucked.

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