Eleventy billion percent just around the corner

  • Rhaedas@fedia.io
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    3 days ago

    Tomorrow. “Everything is exempt, but we’re increasing tariffs to 80085%”.

  • skozzii@lemmy.ca
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    2 days ago

    Trump is the worst negotiator in the history of negotiations… no wonder he had so many bankruptcies, everything is irrational and emotional.

  • TipRing@lemmy.world
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    3 days ago

    After 100% what’s even the point? Margins on imported goods are already tight, after you price imports out of the market you’re just increasing the number in a meaningless way.

      • A_norny_mousse@feddit.org
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        3 days ago

        There’s a little logic in it. What he calls the artlessness of the deal, threatening the stick, dangling the carrot. Meanwhile tasty insider trading for the posse.

        But whenever the other country doesn’t react as a schoolyard bully would expect, they flounder. <= this is where we are now

        This so-called administration has one goal: install themselves forever and bleed the country dry, right into their own pockets. Two goals. In that, they act logically.

    • gravitas_deficiency@sh.itjust.works
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      2 days ago

      China’s already halted all industry- and defense-critical exports to the US, iirc. “Fuck you, I’m not selling at any price”% tariff beats 245%. But numbers are hard. Perhaps orangeboi will figure it out eventually.

      • Snowclone@lemmy.world
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        1 day ago

        What’s more, they didn’t just cut off the US. They cut off exports all together in strategic minerals.

    • gressen@lemm.ee
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      3 days ago

      Imagine you’re manufacturing an end product that contains 10% of parts that are under tariffs. Your end cost goes up by 10% of that tariff value, i.e. by 24,5% in this case.

    • malloc@lemmy.world
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      2 days ago

      No logic. Using this as distraction as rest of administration does atrocious things. Flood media with enough bullshit and the most egregious shit gets unnoticed.

      No due process for deported migrants.

      People getting picked up off the streets to never be seen again.

      Orange man floating the idea of US citizens getting sent to foreign prison.

      Oh, and the genocide going on with Israeli govt hardly getting any notice. Have to follow UN directly and parse through their reports.

      We are only 3-4 months into this shit stains presidency/“leadership”.

    • Snowclone@lemmy.world
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      3 days ago

      Trump recently said he thinks more extreme tariffs will cause instant business relocation to the US.

      • Jaysyn@lemmy.world
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        2 days ago

        If he’s negotiating with countries, then he doesn’t care if they build factories here, he just wants bribes.

      • chingadera@lemmy.world
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        2 days ago

        I am a PHD and what you want to do is instead of multiplying, you just add them together, which would give your $2.43 in tariffs paid.

  • selkiesidhe@lemm.ee
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    2 days ago

    Lol good god drumpf is the stupidest freaking blob ever to have existed…

    And I’m including pond scum and red algae bloom in that.

    Chinese citizens, we implore you to do your worst memeing the shit out of the orange cancer! It’s been hilarious

  • SCmSTR@lemmy.blahaj.zone
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    3 days ago

    Republican is the pick-me party of fascists.

    Like a fly trap to the sub-average IQ American.

    Oh what’s that? You’re a dumb fuck, have no empathy because of brain damage, and really want to stick it to the man and fix everything? Vote Republican!

    • Lemmyoutofhere@lemmy.ca
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      3 days ago

      China already said there is no point in increasing it. They have banned deliveries of new Boeing jets and are now stopping deliveries of rare earth metals as well. Won’t be able to make anything in the US anymore.

    • thesohoriots@lemmy.world
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      3 days ago

      They just show him a couple random numbers on a white board and he throws a McDonald’s wrapper at the one he likes.

  • LovingHippieCat@lemmy.world
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    3 days ago

    I think part of this is that because they “paused” the other tariffs, they still want to feel like they’re punishing a ton of countries. So that means they go from a 54% tariff on China just a few weeks ago, to the 104% tariff on China for just a few days, then the 124% tariff on China, and now the 245% tariff on China. They want to feel like they’re punishing other countries and this is the only way they can get that feeling, that fix. They’re fucking idiots.

  • Elaine Cortez@lemm.ee
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    2 days ago

    Do you think we’ll find out the maximum number that Trump and his ilk can count up to from this?