Among the reciprocal tariff levels Trump announced:
China: 34%
European Union: 20%
South Korea: 25%
India: 26%
Vietnam: 46%
Taiwan: 32%
Japan: 24%
Thailand: 36%
Switzerland: 31%
Indonesia: 32%
Malaysia: 24%
Cambodia: 49%
United Kingdom: 10%
Rest of the world: 10%
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Is he using a random number generator?
bamboozle them with bullshit
Imma just post this video here: https://youtu.be/5RpPTRcz1no
What the current administration is doing tracks with this video fairly accurately. Basically, “Network States” are what they want. It’s basically what exists in Honduras right now in the form of "Prospera, which is a network state that operates in that country.
The following quote from ChrisO_wiki on bsky
“@chriso-wiki.bsky.social Just figured out where these fake tariff rates come from. They didn’t actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country’s exports to us.” Just about sums it up.
Damn, I’d like to see the data on that.
No, it’s half the tariff those countries place on American goods. Or so he claims. I have no idea where those numbers come from.
He doesn’t understand what VAT is.
He doesn’t understand anything. Here’s what he said about income taxes and tariffs today.
They established the income tax so that citizens, rather than foreign countries, would start paying the money necessary to run our government
That’s one of the stupidest things I’ve ever read.
So far*
Today
by the way that was his first presidency too, he did the same thing.
And, for wrecking their business, had to bail the farmers out with the tariff money lol
That’s probably why you’re not the president.
LOL.
I’m not sure that that’s necessarily wrong. Excise taxes, import duties, etc. have been around for millennia. In the US, the income tax has only been around since the Civil War (which it was created to pay for).
Taxes on citizens have always been used to run the government those citizens live under. Doesn’t matter if it’s base on income or something else.
The only way to make other countries pay for your government to operate is to invade them and steal all of their resources… like Hitler did.
It’s really not worth trying to make sense of anything this guy says. He is the definition of a bullshitter.
It’s probably like his net worth, where “it goes up and down with the markets and with attitudes and with feelings”, “even my own feelings, as to where the world is, where the world is going, and that can change rapidly from day to day”.
https://money.cnn.com/2011/04/21/news/companies/donald_trump/index.htm
Like he would even know what that is.
Apparently ChatGPT.
“our country has been looted, pillaged, raped, plundered”
by other nations selling their goods to us cheaply, and by them accepting our Dollars that cost us nothing to make for it!!
I don’t think Trump understands the benefits and privileges for USA of having the top international reserve currency.
But maybe if he ruins it quick enough, he may find out?Play stupid games and win stupid prices.
A lot of people’s lives are about to get more expensive… again.
<butterfly meme> Is this winning?
I mean, this will suck in rhe short term, but these companies will exit the U.S. market if it gets to be uneconomical, and we’ll be fucked, not them. Trump’s I Am sO sMaRt comments all the time will make him look like an even bigger idiot than he already does.
If we actually want manufacturing in the U.S., give companies incentives to do business here. This is the opposite of incentives.
Conveniently left Russia out. I wonder why.
Russia and North Korea.
It’s official. We are the baddies now.
… Now?
Then too, also now.
If we can’t buy anythibg from North Korea, what would be tariffed?
He tariffed uninhabited Heard Island and McDonald Island tho
Just stopped pretending to be good.
I am not.
They are rest of the World. How dissrespectfull.
I think you’re reading too much into that.
They’re either under “Rest of world” like the EU, or the US doesn’t import anything from it, which as it’s under sanctions, it shouldn’t - nor export to.
UK is also 10% like the rest of world. Why was it mentioned seperately? It’s not like Russia is a small country.
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Read it some more, Russia is 10%. Half of EU
Like the EU?
Ironically crashing the economy is one of the best things you can do to slow down climate change
Lost my job this week at an engineering firm in green tech. Let it burn.
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Surprisingly. I already have lined up some positive interviews. So it’s not entirely terrible if you need to look for work.
Trump will be remembered as the most influential US President.
Imagine people in 2150 praising the visionary and benevolent president Trump who courageously lead our world to the only possible path in order to save the environment: “He fooled them all with his “drill baby drill” and they fell for it, they elected him. Of course some were suspicious that something was off, but he had a grand plan for nature to finally be restored…”
I would love to read this fiction, because reality is quite sad at the moment.
Trump will be remembered as the spark that caused the old world order to blow up, causing a lot of changes in the way things are done. China becomes the manufacturer of clean energy and uses their new status as having the reserve currency to stamp out all fossil fuels.
Absolutely, just like Hitler was the most influential German leader ever
Sort of like Sulla or Caesar, but without the talent?
More likely Nero.
Time’s person of the year 2025 already sigh
Nah, fuck that. Don’t give recognition to that sack of shit.
Wrong.
The best things you can do are invest in green energy and energy storage projects, create polices that cap (and actually punish) carbon emissions, upgrade to more efficient infrastructure… All things that take money, a functional government and a functional economy.
What we learned from COVID, is that crashing the economy does not really slow down climate change, it just hits the pause button for a little bit, and then it resumes at the same or greater speed.
pause buttons is all its about. emissions wont stop after energy generation is zero-emission. it just will be slower by a chunk (like 60%ish)
people will still breed cows/not turn vegan (up to 75% of total 20%ghg emissions) and mobility will also remain (lets just say by half without derailing too much - so half of total 20%ghg emissions)
Also theres studies on how we are kinda jet lagging in resulted heating and on how recordings of right before pre-industrial era levels also could be different, lower in total and therefore more extreme heating affecting tipping points.
so a pause like that would be great - because all we have left is time and smart people (although kinda marginalized nowadays and I dont really believe in the success of that in short term) we have crossed 1,5° and therefore are in tipping point cascade (which is irreversable) territory.
Just a silly joke of course. Gallows humor. In order to combat climate change you’d have to re-design how we live and work and our economic system and reset existing wealth inequalities, re-design and rebuild thousands of industrial processes, and change multiple systems that are in place. For example you’d at least have to:
- Ban advertising to reduce desire/demand for consumption
- Ban patents (at least in the current form) so industrial processes can be re-designed and rebuild without roadblocks
- Nationalize news and social media and turn them into a cooperative under the control of the workers there
- Invest into R&D for circular economy and development and regulation for long lasting appliances and goods that last decades with repair and maintenance
Basically what we learned is that it’s practically impossible for humanity as a global civilization to stop climate change. Most people can’t even bear to think about the steps it would take.
Of course, developing the technology for a sustainable circular economy for the basic needs (food, energy, education, building shelters, communication etc) is still worthwhile.
Not wrong. But I will point out that this will funnel a lot more money to China, which has been investing much more heavily in greentech than the US has. So overall it could actually be a plus - for climate change at least.
Sure, but he is just crashing Western economy as Russia is preparing to invade rest of Europe.
Boycott the USA. Do not consume American products. Do not travel to the US. Cancel your subscriptions, find alternatives or pirate their software and media. Make Americans tourists feel unwelcome.
I’m an American, and I endorse this message.
Same. Got chickens, veg seeds, and I’m about to buy a bow for hunting my own meat. Fuck the US, time to crack out that survivalism I’ve been practicing.
But like, could I come visit if I need to seek asylum? That would be different than tourism, right? I’m not really happy or comfortable with the situation here, nor have my efforts been able to change other people’s views (e.g. make them think about consequences).
Ok to be fair… You may come as long as you’re a queer / trans baddie or if your name is Luigi, or take the “death to America” pledge. 😌
I’ll take that pledge without even visiting your country! Then again when I do!
Seriously though, this regime is terrible and some of us are protesting every opportunity we can get. I’ll be the first to admit America has deeply rooted problems but some of us are trying to fix it and would like to not be treated like shit for the actions of the magats
Admitting your country has problems is “woke”, though. /s
Deal. I stopped pledging “allegiance to the flag” over a decade ago when I realized this wasn’t a nation with “liberty and justice for all”. I’ll also bring some trans baddie friends with me.
Why would I say that? The country is already dead.
“Death to America” is no longer a call to action; now it’s just remarking on current events.
Immigrants are welcome, tourists as well.
Bless up Lemming, I’ll hit you up if things become desperate.
Make America go away!
I get where you’re coming from, but the whole tourist thing . . . remember half of us fucking despise Trump and his merry band of fascist fuckwits.
I’m doing my part! More to strengthen the EU, than to weaken the US, but: Cancelled all US tech subscriptions (not a small deal as a software dev). Cloud services all moved to Scaleway in France, AI migrated to Mistral, mail to Tuta, maps to Mapy.cz and more…
Not sure about that part.
isn’t this just going to fuck up the US economy rather than meaningfully affect any other country? you don’t fucking produce anything worth a shit anymore.
Trump has no idea how the economy works, his wealth is propped up by Russian oligarchs laundering money through his assets.
This move is almost certainly being directed to him through foreign agents the traitor has as advisors (though they consider themselves handlers) on behalf of Putin and other regimes hostile to the US who back door’d their way into the situation through his greed and lack of morality.
Also intentionally crashing the economy to hurt political enemies and cause civil unrest (mass government firings = lots of educated qualified people out of work, also drives down wages of other educated qualified people). Techo-fascist corporate cities and Gilead don’t need a Dow Jones index.
It will have an effect on other countries, but fuck up the US economy the worst. Other countries have the benefit of having 190+ other countries to do trade with. Over the next few years, they will increasingly go for alternatives to whatever they’ve previously traded with the US. Thanks to the stable genius, the US will permanently be left poorer, while other countries will soon have economic growth again.
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This is really not true. The wealthy aren’t playing 4D chess with the economy, they are just as short-sighted behind closed doors. The Great Depression fucked a lot of wealthy people up and turned the entire nation against them. It can happen again.
Edit - and for the record, the abundance does vanish in a depression scenario. Factories shut down, productivity collapses. The world will literally extract, refine, process, and build less of everything. You can’t build a fleet of yachts without a functioning economy.
The Great Depression fucked a lot of wealthy people up and turned the entire nation against them. It can happen again.
One might argue it already is happening. Right now. In real time.
Be safe.
Just like how a rising tide raises all boats, a sinking ship takes everyone down with it. The billionaires think being on the life rafts will make them more wealthy compared to those that are sinking.
He is gambling on the fact that Us economy can hold off longer than other countries and they’ll cave
It’s like two people holding their breath bad for both but neither wants to lose
Cave about what though?
Tariffs. Donald wants other countries to have less tariffs on American products
Those numbers on his poster are made up and don’t reflect actual tariffs that exist and can be cut.
Yep, they just took the trade deficit to each country and turned it into a tariff 😆
Most of the kit that is made in US uses parts distributed by other countries… So even domestic sales of US created products are likely to be impacted. Gotta give it to Krasnov, he’s doing a bloody good job at the task he’s been set.
Could you imagine if Biden declared what essentially amounts to a 10% sales tax?
Oh no. We produce stuff. The best weapons for killing people are made here.
And just like that every American good costs significantly more.
If your family income is less than about $200,000, congratulations, your tax rate has at least doubled.
In case anyones looking at this and asking question like “Why has Cambodia been dunked with 49% when they’re clearly not a competitor to the US” or “Why is Trump claiming that the European Union has a 40% tariff on the US when the actual mean tariff on US goods into the EU is less than 5%”, here’s your answer to how these figures have been calculated.
- Take the US trade deficit with a given country (eg. China is $292bn)
- Take the total good imported by US (for China that’s $439bn)
- Divide the first figure by the second! Why? Who knows! It’s a number! Less talk more first grade arithmetic (if you’re still following that gives us 67%)
- That gives us a random number which we’ll pretend is that country’s tariff of US goods even though it’s completely unrelated in every way. We’ll divide it by two to get the new tariff rate for imports from that country. Why? Honestly if you’re still expecting there to be an answer to that question I’m wondering if you’ve been following. (that gives us 34%, well actually it gives us 33.5% but I’m not sure the Trump administration understands the idea of fractions so we’ll just round it up from there)
The “reason” behind this is that Trump seems to think trade deficits are really bad, which is bad news for the US because it’s had a trade deficit for the last 50 years. We’ll ignore the fact that based on GDP it’s been the wealthiest country in the world for that time though.
Anyway, just to give everyone an idea of how completely, utterly unrelated to anything meaningful that figure is, let’s take Cambodia. The country is very poor compared to the US so can’t afford to buy anything that the US manufacters (Cambodians aren’t driving round in Teslas or IMessaging each other). Some US companies use it for clothing manufacture because labour is cheap in Cambodia (see the previous bit about Cambodia being much poorer than the US). This means that Cambodia imports close to nothing from the US compared to what it exports, giving it a close to 100% trade deficit, so we wind up with a 49% tariff on Cambodia.
I genuinely don’t understand the mindset that looks at the US’s explotation of cheap labour in Cambodia and interprets the US as the victim in that relationship, but hey-ho maybe I’m just not biggly-smart enough to understand the 4d chess moves at play here. . .
Reference (because unfortunately none of what I said was made up and that geniunely is the calculation): https://www.theguardian.com/us-news/2025/apr/03/trumps-idiotic-and-flawed-tariff-calculations-stun-economists
Edit: After making fun of Trump for not understanding the enconomy, I went and conflated per capita GDP with GDP. Doh! Now corrected.
Putting on my best swiss cheese brain, maybe they are treating it ‘like a business’ and trying to do debt to income ratio? So our deficit is the debt then they look at tariffs on the imported goods as the income.
Do you know if this holds for other countries too?
I honestly have no idea, maybe? Deficit isn’t really debt though, it just means you bought more than you sold. The US isn’t in debt to Cambodia any more than you’re in debt with McDonald’s. They just have a one way buy/sell relationship.
That’s a really good explanation, there’s no realistic way to make your money back from McDonald’s
Absolutely, but if one has no idea what they are talking about, they might massive brain worms about the US debt and it being caused by our budget deficit. Then they look at all these other countries and learn about the ‘deficit’ we have with them and that’s the same word, same thing, ezpz. Now you simple get a solid 50% debt to income ratio by dividing the two and cutting it in half, check mate economists.
Why does he think tariffs are equal to trade deficits?
Run headfirst into a brick wall a dozen times and then maybe you will start to understand
Thanks for the explanation! It is unbelievable that these are the folks with nuclear codes.
Thank you for the reference, I scrolled to the bottom to check if you were copypasta-ing us before going back and reading it. We just all live in Crazytown now I guess.
Uh, we have absolutely not been the wealthiest country by per capita GDP that whole time. We have been the wealthiest country by GDP
Yeah, you’re right. Sorry! Although US have definitely been one of the highest GDP per capita for that time (but like you pointed out, not the top which is what I original said)
Why the fuck is our media so bad that they blindly accept Trump’s bullshit line that the tariffs are “reciprocal”? Are they just stupid or have they been paid off? Do they not know the meaning of “reciprocal” or are they just too fucking lazy to question the White House’s rhetoric even a little bit?
The state of the United States makes me sick. We’re being robbed blind by the oligarchy in broad daylight while the media gleefully amplifies the administrations lies.
They’ll be reverted as soon as he gets some flattery and palm greasing from the right people.
So is the plan to drive the cost of everyday essentials so high that virtually everyone bankrupts and the billionaires buy all of our assets for pennies on the thousand dollars? That is all I can come up with trying to make a scenario where this has some coherent objective.
I’d love to open the news one evening and not feel like we’re another step closer to the apocalypse.
Honestly, fuck Trump. Where my Luigis at?
Thanks for typing out the percentages, so far I’ve only seen emotional news reports about it without any detailed info.
Are these tariffs on ALL goods from a certain country? Eg, does 34% on China mean 34% on ALL Chinese goods or just certain ones like cars?
Well, one of two things will happen now.
-
The US economy will recede by roughly 30% over the coming years (classified by economists as “catastrophic collapse”)
-
It will turn out that trade was “fake and gay” all along and autarky is the way to go, despite centuries of historic lessons to the contrary.
Take your pick.
It’s all goods from those countries.
30% seems pretty generous. Nevermind the complete collapse of trade and alliances we built over the past century, won’t countries stop using the us dollar as the backing reserve? Which will likely set america on an even further downward trend, especially since the dollar isn’t on the gold standard anymore?
won’t countries stop using the us dollar as the backing reserve
Yeah. Putin’s gonna be so pleased.
I hope Euro takes over
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american juche now!
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