cross-posted from: https://lemm.ee/post/60291330
kudos to s h i k o r a
edit: complete list is here (4 pages long)
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russia… not on the list? who could have seen this coming except for everybody!
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Why did Norway get it’s own percentage? 🤔
Not a part of the EVIL, SPITEFUL EU
But then Switzerland: EVEN WORSE THAN THE EU
Liberation from what? A functioning economy?
The last remnants of a connection to reality.
I think its liberation from the yoke of the American empire.
As much as people have been mentioning the complete absence of tariffs for Russia, how has no one mentioned the massive ones for Switzerland? WTF did they do to piss off 47?
Your mistake is that you assume there’s a rational reason for the level of tariffs in the first place - they use a nonsense formula based on trade imbalance
Of course Russia’s not included! Not obvious at all…
He blatantly used AI to find trade with the US. Due to sanctions there’s almost none.
Yeah but there’s still some trade, and they still tarrifed unoccupied antarctic islands so why not add russia?
Because he is a puppet it’s not even a secret
I literally dont understand what they are doing. Sometimes trumps decisions seem truly random. Why did they put tarrifs on israel? Arent they huge zionism fans?
Companies will be selectively opted out for dropping DEI and replacing it with a christofascism-approved alternative of pushing out everyone not christian, white, able-bodied, cishet, etc., all under the name of “faith protection” and “meritocracy”.
Countries will likely be opted out if they stop “censoring big tech”. (They should just kick them out altogether.)
Because America has a trade deficit with them. If a country exports more to America than they import back then Trump sees that as losing. He can’t understand the situation any other way. He sees all deals as a power balance and the one who gets more money is the winner. All these seemingly random ass tariff rates are designed to erase any trade deficits with brute force, because that’s the only thing Trump understands.
I know Trump is dumb. I know his administration is dumb. I still can’t fathom that someone is this stupid. Does he really think all goods that are currently being imported will magically start being produced in the US, just because he puts import tax on them? I just can’t wrap my head around someone being so incredibly naive so he either must be
- Actively trying to destroy the american economy, probably because Putin wants him to
- There is some other plan that we just don’t see yet Or 3. He really is that stupid.
While not supporting the idea, this video gives some insight into what the actual plan may be.
Just discovered this channel, worth watching.
It’s all done with a crude metric - half the current “tariffs” on American goods to a minimum of 10%.
Russia are, presumably, not on the list because they are sanctioned and there is no trade.
there is no trade.
But there is and what’s remaining in trade is exempt from Trump’s tariffs because of him being a Putin fanboy.
Crash the economy so the rich can buy everything at cheaper prices
I literally dont understand what they are doing.
Lol. Did you still expect to?
Anyway, they clearly have no idea what they are doing. Absolutely no idea. But this one seems to be calculated by an academic that used an impersonal objective formula that he expects to zero the trade deficit.
Somehow, it’s one of the economists that don’t know that tariffs don’t have a direct impact on the total trade deficit. Probably, an “economist”, but I didn’t check.
It requires things you intuitively gain in preschool if you have any empathy. If you lack that, you keep making these mistakes and running nations and companies and people into the ground unless someone stops you
hmm EU can move manufacturing to Ukraine.
hmm EU can move manufacturing to Ukraine.
There’s the slight inconvenience of Russian bombs, though
It is also a business opportunity for companies making air defense systems.
Or “launder” goods through there, like China did with Mexico and some other countries. Or the US did earlier in its colonial history.
The countries with the lowest tariffs will become connector economies. Whether governments want it or not, there is just too much profit to be made.
This is why Trump is specifically targeting those countries, but then other countries will take their place.
And the end game is, Trump can succeed, but not without a global recession and much higher prices for Americans.
Why? What American products do we want?
It’s mostly the other way around: Americans want products from the rest of the world.
But to answer your question directly: there are products which only the US makes, but more importantly, if American products become cheaper due to a weaker dollar, then people will buy them. That’s what Trump is hoping for.
You are assuming the tariffs will stay in place for a predictable enough duration that anyone will invest in rerouting trade through those countries. That is very unlikely while Trump rolls the dice anew every other week.
That’s a bit optimistic.
Trump is deliberately choosing chaos as a strategy, but his goal is quite clear.
Biden didn’t roll back a lot of Trump’s tariffs, so I am assuming these tariffs could easily extend beyond Trump.
Since the US economy will be paying the price on the short term, the situation next year and beyond will be that the US best interest would be to not rollback anything without trade partners offering concessions.
Yeah.
And again, the US was a legendary tariff dodger back in the day. It’s like our claim to fame. The irony is tremendous.
Whats up with serbia , bosnia and macedonia … why 35+%
A quirk of the deficit / imports formula they used. Small countries with relatively small trade balances with the US can hit pretty wild values.
Isn’t Russia sanctioned? Or has Trump gotten rid of that?
