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%
Putin’s bitch trying to further destabilize the world for daddy.
Me, checking what the damage is: oh good, my European defence stocks went up 2 to 4 percent today while the American stocks are tanking, happy days!
Me, after thinking on it a bit longer: oh God, my European defence stocks went up while the world economy is taking a hit, better get ready for whatever’s coming
Trump clearly has some feelings about Vietnam. He used his “bone spurs” excuse to avoid being sent over there back in the day. Lmao
What a pussy
I think it is something to do with China using it as a proxy for their export.
He just saw that they have a massive tariff against the US going back decades and I guess he took it personally.
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 per capita 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
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
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.
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.
That’s a really good explanation, there’s no realistic way to make your money back from McDonald’s
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.
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Been browsing the conservative subreddit this morning just to see what they all are thinking. There is a surprising number of “This is a terrible idea” comments but its also funny seeing a whole bunch of republicans who now suddenly like higher taxes, inflation and stock crashes.
In essence this policy primarily imposes taxes on businesses, severily reduced the wealth of the billionaires, properties this forum often applauds. Funny how suddenly it’s not liked.
US politics really is like picking a favourite sports team :D
Because we all know these good-natured corporations will bear the brunt of this in order to keep prices the same for US consumers.
Actually, aren’t you forgetting that Trump said the foreign countries will be the ones paying these tariffs? Take care not to step out of line with the regime.
No! Your football team bad, mine good!
Haha I play soccer not football.
Just reminding people this handy button exists!
Go Grey Socks!
Seriously though, this probably won’t affect billionaires because companies like Nike can move most of their operations overseas and avoid paying tariffs during their manufacturing process, and then just pass the cost of to US consumers when they sell to that market.
Even worse, when Trump put tariffs on washing machines (which Biden kept in place) one effect was that US made washing machines (not paying tariffs) jacked up their prices for US consumers simply because there was less competition.
It truly is a sucky world for non-billinaires.
I don’t think these are reciprocal. I think these are unilateral, and when countries respond, their tariffs will be reciprocal. The distinction is very important. This is a problem created by Trump, not by other countries. You don’t get to choose false language to describe it that shifts the blame.
Wait so if the admin is in favor of reciprocal tariffs does that mean they are asking other countries to raise tariffs against the US?
I’m gonna check this newly needed wiki page: https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration#Reciprocal_tariffs
Pls 100% world wide tax.
I like to go straight to the “Find Out” phase.
👀
(Remember, when the great depression happens, its our duty to eliminate nazis)
shit bruh, we could just start that process now and skip over the bread line bullshit.
With Nazis, it’s always the right time.
There’s technically no upper limit, why not make it 10000% and really see what happens!
Trump announces “Things aren’t expensive enough.”
I don’t have a ton of “the court is wrong” opinions, but Article 1 section 8 of the Constitution flatly gives Congress the responsibility of regulating trade and imposing tariffs. The President just doesn’t (shouldn’t) have the authority to change rates. The executive needs to execute the will of the Legislative branch.
Congress is pretty much dead. Repubs have lost whatever was the last vertebrae they had in their spine
Curious that Russia is missing
So that’s because the tariff was so high it reached 99% then reset to 0% because the system was coded by Elon.
Or you know, US are in the axis of evil now apparently.
Turntables and all that.
They get 10%.
They get 10%
Im 100% sure they will not get any tariffs… a special ‘exception’ will be made for Russia
It is not, Russia dont have tariffs they have sanctions… Dont be that guy
We can apply tariffs to uninhabited islands but not Russia? Fuck off.
Do you understand that sanctions applied are prohibitions? You and the other downvoters… Why would you apply tariffs if you cant sell or buy? Brains people!
This comment implies that you can buy and sell with an uninhabited island…
You’re not serious, right? This is a bit?
And the other countries that have sanctions but still got tariffs?
For what? If you cant trade why? Jizus fcking christ
“Following Trump’s Rose Garden announcement, a White House official told NOTUS’ Jasmine Wright that Russia is “not on this list because sanctions from the Ukraine war have already rendered trade between the two countries as zero.””
Sanctions doesn’t mean you can’t trade with a sanctioned country. The US never stopped trading with Russia.
For what? If you cant trade why? Jizus fcking christ
That’s exactly what I’m asking you…
If the answer is “because sanctions” then explain why other countries that are sanctioned by the US still got hit with tariffs?
Russia is “not on this list because sanctions from the Ukraine war have already rendered trade between the two countries as zero.”"
And yet the US imported over $3B from Russia just last year. Which is to say, the white house lied (again).
What countries with sanctions? In 2024 the transactions between us and Russia went down 2,481.4 Million dollars relative to 2023 when the war already had began. 526M in exports and 3000M in imports, maybe this data tells you what you need to know
Iran, Syria.
And what do you think “zero” means, exactly?
I don’t see how that is relevant to the question of, ‘if other sanctioned countries are being tariffed why is Russia not tariffed’ and ‘we still traded with tariffed countries including Russia so why is Russia treated different’.
I mean these questions are largely rhetorical, we know why. The fact that we buy less from Russia is first of all you moving the goal posts from assuming we didn’t trade with them, and second not related to why countries are tarrifed.
You havent tell me a country, outside Russia, that is santionated too so its a tie ^^ Look, im not defending Trump or his administration, first of all im an European, second i couldnt care less about those tariffs because i think they will affect a lot more the Americans than the rest of world but it makes me sick people going mad over this when there is a lot of worst more problems to talk about, talking about this is going to the basic, its like talk to a simp (not your case, not insulting you or try to)
Well well well, we finally fell off the cliff, didn’t we?
Starting a trade war with the entire world, easy to win, right?
If the entire world reciprocates, which they will, you will literally wish you had just a recession to worry about. I wonder how Trump’s approval ratings will be about a month from now
Trump doesn’t care about approval ratings. He has a “golden parachute” waiting for him and his buddies in Russia after he destroys America.
I was gonna say until his usefulness ends and he mysteriously falls out of a 4th floor window, but he’s too fat and heavy to fall through one, so maybe just some plutonium in his diet coke
Jim Jones was able to walk 600 adults to their death (the children, sadly, had no say in the matter). It’s a cult
We need a tariff on the ruling class.
nah, bruh. we need something else for them.
90% income tax over a certain amount. This was how they did it in the 50s….you know the days republicans keep citing as the “good ol days”
