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submitted 2 months ago by [email protected] to c/[email protected]

The president just keeps introducing more chaos.

Archived version: https://archive.is/newest/https://gizmodo.com/trump-threatens-104-tariffs-on-china-as-the-mad-king-plays-chicken-with-the-global-economy-2000585944


Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

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[-] [email protected] 85 points 2 months ago* (last edited 2 months ago)

At some point ~~tarrifs~~ tariffs won't matter anymore because at that tariff height the goods could just as well not be available at all.

[-] [email protected] 71 points 2 months ago

Yep, we are watching the active teardown of the global trade infrastructure that has been built over the past 5 decades.

That international trade has been the single largest deterrent to international warfare. Neighbors who actively trade are far less likely to go to war with each other. Powerful nations have an interest in exploiting less powerful nations economically rather than conquer them militarily - it's cheaper, and you can extract value from the exploited nation over an extended period rather than gain some short-term value while destroying the source of that value. The exploited nations benefit by not being attacked, and may have more flexible options for improving their position economically (i.e. Japan in the electronics market in the 1980s).

The Trump administration looks like when a new manager takes over a functional team, doesn't know how anything works, can't be bothered to try to understand, and just starts breaking established processes to prove that they're in charge.

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[-] [email protected] 26 points 2 months ago

One r two fs in tariff

Since we're apparently going to have to be spelling it all the time now.

[-] [email protected] 10 points 2 months ago* (last edited 2 months ago)

Ah, yes.

I'd rather like to forget about it all until I can do more than just avoid American products

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[-] [email protected] 4 points 2 months ago

you fool, you missed a tarrif

[-] [email protected] 69 points 2 months ago

Can't wait for the next year when he screams in the corner about other countries being mean to the US, so he is forced to do military incursion into the Greenland.

Fuck everyone who voted for this, btw. But also fuck every single motherfucker who enabled this orange bafoon long before he got there.

[-] [email protected] 20 points 2 months ago

Fuck his grandparents for being fertile.

[-] [email protected] 6 points 2 months ago

Just think if his mom would have just swallowed that night how many lives might have been saved.

[-] [email protected] 3 points 2 months ago

The better half of him ran down his mommas leg.

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[-] [email protected] 53 points 2 months ago

"Back off or I shoot myself in the other foot!"

[-] [email protected] 15 points 2 months ago

It's got some real "Black Knight" energy to be sure.

[-] [email protected] 47 points 2 months ago

My understanding is that Trump has no fucks to give, is reveling in the chaos, and that nothing short of dethronement will stop him. So ya'know, we're fucked.

[-] [email protected] 44 points 2 months ago

He’s 80 years old. He has no horse in the race anyway. His legacy is going to be a urine-soaked grave they’ll eventually have to relocate to an undisclosed location where people can’t piss on it.

[-] [email protected] 11 points 2 months ago

His dad lived into his 90's. I don't think his dad snorted enough blow though to break his anus.

[-] [email protected] 5 points 2 months ago

I did not know it was possible to snort enough blow to break your anus

[-] [email protected] 4 points 2 months ago

I just used anus instead of ass but prolonged use can cause all kinds of problems with the intestines and bowels sometimes resulting in the need for a colostomy bag. Which trump has. All of these shrubs have drug problems.

[-] [email protected] 9 points 2 months ago

Due to flooding

[-] [email protected] 8 points 2 months ago

In a few years time America has the chance to put Ding Dong the Witch is Dead back on the charts

[-] [email protected] 6 points 2 months ago

Hopefully people can still burn down mar a lago

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[-] [email protected] 44 points 2 months ago

Liz Truss did less damage than this and we had her in the stocks in Trafalgar Square in under a week.

[-] [email protected] 33 points 2 months ago

Do it! just do it! and you will see how China will block all minerals to US this time! He has nothing on the table, thats why he is playing tariffs and its only card IMO.

[-] [email protected] 14 points 2 months ago

Nero watching it burn

[-] [email protected] 14 points 2 months ago

Don’t hold out any hope that magats will wake up, they’ve already been programmed to rationalize it and are suckling boots like good little followers

[-] [email protected] 11 points 2 months ago

He's finally figured out a number bigger than 100!

[-] [email protected] 5 points 2 months ago

No. He said "50% more !"

[-] [email protected] 3 points 2 months ago

Bit idea: we teach Trump about Graham's Number so he creates tariffs with rates higher than the amount of atoms in the universe.

[-] [email protected] 10 points 2 months ago

I bet Trump didn't have many playmates as a child.

[-] [email protected] 10 points 2 months ago

It hurts itself in its confusion! It's super effective!

[-] [email protected] 4 points 2 months ago* (last edited 2 months ago)

Exactly! China retaliation was a master stroke.

Better title should be "Trump Threatens 104% GST tax (tariffs) increase on Americans buying imports from China as the Snowflake Woke King Plays with tariffs."

[-] [email protected] 9 points 2 months ago

I fucking hate magats so fucking much

[-] [email protected] 9 points 2 months ago

So I guess it's another precipitous drop on the stock market when it opens again.

[-] [email protected] 9 points 2 months ago

China and the USA ruining each other. I'm going to need more popcorn.

[-] [email protected] 73 points 2 months ago* (last edited 2 months ago)

China is getting economically hit in the short term, but the amount of soft power they were gifted by this administation is something they have dreamed for decades upon decades.

[-] [email protected] 11 points 2 months ago

And it's knly getting hit in regards to US trade. They also trade a lot with other nations, Europeans also know their way to buying all the Teemu, Shein and Ali express slop.

[-] [email protected] 12 points 2 months ago* (last edited 2 months ago)

Not just that. Try manufacturing anything without Chinese parts.. They make everything switches, resistors, motors, just everything.

[-] [email protected] 6 points 2 months ago

Apple will get fucked real hard, since pretty much all their iphones are manufactured in China

[-] [email protected] 4 points 2 months ago

Yes, but they sell them worldwide. So, if they move manufacturing, then they have the same problem in reverse. If they have multiple manufacturing bases worldwide, not only are they less efficient as the companies/cointries aren’t competing on price, but they lose efficiency of scale. So even if they did what trump purports to want, it’s less efficient, and inflationary.

On the flip side, the fact that many expect he’ll eventually capitulate when there is enough pressure, or it will end in 4 years, means nobody, including Apple is going to invest in American factories. It’s just a risk with minimal benefit. So lose/lose. He’s an imbecile.

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[-] [email protected] 29 points 2 months ago

Nah, US is suicide bombing its economy in the vicinity of China. Still popcorn-worthy.

[-] [email protected] 10 points 2 months ago* (last edited 2 months ago)

China will be fine

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this post was submitted on 08 Apr 2025
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