this post was submitted on 04 Apr 2025
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  • China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
  • The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
  • U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.

https://archive.ph/ZmcZJ

(page 2) 50 comments
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[–] [email protected] 63 points 1 week ago (13 children)

If every country he puts tariffs on ends up implementing their own retaliatory tariffs, what would happen?

[–] [email protected] 28 points 1 week ago (2 children)

Imagine everything currently produced on earth loses about a third of its efficiency/affordability and a large chunk of everything has shortages/unavailability for the next 30 years.

Now imagine with the loss of trade relationships diplomacy slowly returns to that of the dark ages and a new era of war begins.

Things we take for advantage are peace and prosperity.

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[–] [email protected] 82 points 1 week ago* (last edited 1 week ago) (3 children)

Look at Cuba. Now look at the US. Now look at Cuba again.

Okay, now image Cuba but without the public health care, housing, jobs programs, and mass transit.

[–] [email protected] 30 points 1 week ago

I don’t wanna look away from Cuba 😭

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[–] [email protected] 17 points 1 week ago (1 children)

Death to folks who can’t afford to have their basic needs met.

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

I think they asked about the other countries, not US.

[–] [email protected] 5 points 1 week ago

Did they? Unless they edited their comment, it sounds very open to me.

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[–] [email protected] 22 points 1 week ago (4 children)

Who's gonna benefit from all this extra taxes? Public services will sky rocket in 2025!

[–] [email protected] 27 points 1 week ago* (last edited 1 week ago) (2 children)

It will be used to bail out companies, who struggle to financially survive. The money will go to the higher managements though.

[–] [email protected] 16 points 1 week ago (1 children)
[–] [email protected] 11 points 1 week ago

The change is that companies will use this to commence the massive layoffs once again citing hard financial times but still pay the execs the same big bucks

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

Public services will sky rocket in 2025!

Elon Musk laughing

No they won't.

[–] [email protected] 4 points 1 week ago

With his embarrassing hysterical laugh

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