Economy Trump's April 2nd Tariffs

[idrankyourbeer]

 

[cincymma79]

Aren't most watersheds on the side of Mexico?

If I recall right California is cutting g off water to Mexico from the Colorado river effectively. Not sure about the rio

 

[idrankyourbeer]

This is what it's like talking to these derps about tariffs and the market. I'm sure they'll say FB is a trash movie...

You can skip to :24 to see @CantCucktheTuck

they're gonna be liberating everybodies money from their wallets and the maga trash will clap like seals as they do it.

 

[Substance Abuse]

Funny thing is, when prices go up due to these tariffs, do you think these corporations are going to roll them back when the tariffs are pulled? Not entirely. It just got harder for the average person to live for zero reason. Got damn it, that's a huge win for us all, especially the poor MAGAt bootlickers who love corporations and the rich. Phew. I'm tired of winning.

 

[Substance Abuse]

they're gonna be liberating everyboodies money from the wallet and the maga trash will clap like seals as they do it.

These guys don't care about your 401K or retirement. They don't even know what a 401K is, and most of them don't work so they've got nothing to retire from anyway.

 

[Zazen]

You mean the 449 price is why it’s not 400 or it could go up even higher? I doubt they’ll change the price after announcing it

 

[Crazy Source]

Keep it up and we’ll rename turkey too

Nobody listens to Trump anymore but you idiots. It's sad at this point. Did you see Kid Rock in the oval office the other day? Do you think anybody but MAGA clowns looked at that and didn't laugh their asses off?

 

[Substance Abuse]

Nobody listens to Trump anymore but you idiots. It's sad at this point. Did you see Kid Rock in the oval office the other day? Do you think anybody but MAGA clowns looked at that and didn't laugh their asses off?

He was just showing Zelensky how you should really dress at the White House.

 

[Neph]

Australian perspective:

We got 10%, which is obviously against the heart of our free trade agreement, but on the lesser end of things.

Being pragmatic, our products will be less competitive to US consumers because they now all cost more. Where there are US equivalents, our trade will go down. Where there are no US equivalents, or insufficient, our products will still be more expensive but there won't be many alternatives. Certainly other countries with >10% tariffs won't compete with our products at 10%. We'll still hurt, but less so.

The biggest loss will be for US consumers and the global economy. For Australia we will likely see slow downs across the world which will greatly affect us in that indirect fashion - for example we have a very large resource sector which will suffer during a global downturn.

As a general comment on tarrifs:

They hurt the poor worse than they hurt the rich. They are a regressive form of taxation. Nobody should be surprised, however, that Trumps policies are the worst for lower income earners.

 

[idrankyourbeer]

You mean the 449 price is why it’s not 400 or it could go up even higher? I doubt they’ll change the price after announcing it

they announced it before the tarriffs and aint no company gonna soak up the extra costs. they'll just tack that on to the consumer. they will never feel so liberated!

 

[Substance Abuse]

Fuck those penguins, lol.

 

[CantCucktheTuck]

Simple solution if you dont like it. Tell every other country to stop charging us tariffs.

 

[HOLA]

i see two possible real reasons for this.

1. Putin told him to do this, to destabilize shit in various ways.

2. Trump is literally a toddler who learned a new word (tariffs) and he became obsessed with it, despite not really knowing what it meant.

 

[Rod1]

If I recall right California is cutting g off water to Mexico from the Colorado river effectively. Not sure about the rio

Unline Colorado River the most important watersheds of the Rio Bravo are on Mexico's side

 

[Limbo Pete]

Economists: "The man bankrupted a casino. What could possibly top that?"
Trump: "Hold my Diet Coke."

 

[HOLA]

Fuck those penguins, lol.

 

[Rod1]

Simple solution if you dont like it. Tell every other country to stop charging us tariffs.

You mean like how Mexico and Canada had NAFTA and still got tariffs?

 

[Stoic1]

Simple solution if you dont like it. Tell every other country to stop charging us tariffs.

You're talking about a level field? Novel idea. So we could, effectively, use our tariffs to force others to lower theirs to make us more globally competitive?

 

[Satsui Ryu]

Congratulations to the USA for being the first country in history to embargo itself lol

I'm sure this is just an oversight, but you know who is conspicuously not on this list? Russia.

 

[Neph]

You mean like how Mexico and Canada had NAFTA and still got tariffs?

Australia has long had a trade deficit with the United States and a free trade agreement for 99.9% of all goods exchanged. He's ignorant.