Please China, slap back with an even higher number. See if you can out bluff the annoying orange. I feel like American consumers are way more reliant on Chinese stuff than China is relying on American goods.
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Dear world,
Just fucking embargo us already. Make the GOP remove the fucker from office.
Sincerely,
A desperate American
You're well on your way to effectively embargoing yourselves by the looks of it
~~Make the~~ Americans remove every GOP ~~remove~~ ~~the fucker from office~~ head.
ftfy.
We really should be handling our own shit here.
I would but my military doesn't have nukes
You have a second amendment precisely for circumstances like this. Clean up your own yard.
Sic Semper some damned Tyrannis already.
Make the GOP remove the fucker from office.
And replace him with... a more competent fascist? Tariffs are, if anything, lowering the difficulty of getting the fascists out of office by causing real harm to the average person before the Trump regime has consolidated enough power to stop a mass movement. Tariffs are the silver lining in the shit sandwich that is project 2025, and rather than just Trump all the GOP and most of the DNC should be banished from politics effective immediately.
This is our mess, probably need to start fucking up magats
What we have right now is the best opportunity to end this administration peacefully by causing a GOP revolt against him. But to do that, we need the world to help make this as painful as possible.
I'm announcing 104% tariffs on wal-mart due to their frankly insane trade deficit with my family: they refuse to buy ANYTHING from us, and you think we're just supposed to take that lying down???
(/s you gotta laugh to keep from crying)
The S&P is trying to ride up on any good news but Trump just keeps on waterboarding the economy, hahahaha...
(RIP my TFSA investment account, but it is plain hilarious at this point)
I want to know what the discussion was like...
"105 percent are you crazy? That's too high!"
"But 103 won't send enough of a message!"
"Better order up some coffee, this could take all night."
Apparently it was an arbitrary extra 50% on top of the recent 54%, which was the supposed trade deficit plus existing tariffs. I'm not saying it's not batshit, but the new figure wasn't a totally random specific number.
An attack on China is an attack on US allies that supply China with resources. Australia hasn't fully woken up to this bastard act with our little 10% tariff and history of acting like a 51st state but we might be as fucked as Canada before sanity returns to the US.
China can't beat the US in this battle but all they have to do is endure the pain and wait for the US to lose interest. So ultimately China wins. But we all lose through this stupidity (probably shouldn't really call it stupidity as it diminishes any bad intentions at work here. There are people in this admin who should understand the consequences). Fuck Trump and his administration and the Republican party and their voters and the apathetic fuckwits who didn't vote. No single person is responsible for this and no single person can fix it. People need to man the fuck up and fix the shit they have unleashed.
I imagine China can not only win this but come out with the worlds reserve currency.
I disagree on that. The Euro is the second most widely held currency and is a more obvious choice. Working constructively with China is economic reality. Submitting to them is unnecessary. This isn't post-WW2. I don't think we need a single reserve currency.
There is no doubt China is going to benefit greatly. A huge number of developing countries have been deserted by the US that first walked away from soft power through US Aid then penalised the poorest countries with outrageous tariffs. China has been by far the smarter player.
You know this is a genius move because they really did the math. 103% just wouldn't do it and 105% is just too far even for them.
Big brains for sure. Lol
But really, what does China make that the US wants? Solar panels, batteries, electronics, boards games, rare earth elements, industrial manufacturing equipment, drones, and ships?
It has this energy
Now cars too but I don't think we can get them
Yeah, I was trying to think of stuff that you couldn't really get anywhere else. Electronics is a very broad category and there's stuff you can get from elsewhere and there's also a bunch of important stuff you can't get from China (you have to buy it from Taiwan instead). And you can get board games from Germany / Poland so maybe that one was dumb.
Anyway, my point was that while China makes the best batteries, hands down, you can get the rest of the car from other places. Like Mexico, Germany or Japan. Actually China makes some very good electric engines for cars as well. But I don't think they are selling those without the rest of the car.
The one thing that benefits from that is nature. Maybe this will at least put a damper on overconsumption. Otherwise it's a shit situation for everyone around.
I’m glad I moved out. Now I’m in a country where Chinese made stuff are plentiful, of good quality and cheaper than they ever were in the US. I get to keep more of my paycheck.
As a European, I must make a list of everything I should buy from AliExpress when the prices will drop.
It'll be the usual for me: magnets of various sizes and shapes, box of assorted screws, several ESP32-based boards, and one funky gadget to tie that off nicely.
Every time i order magnets, they get lost. Probably because they end up on the wall of some container of truck or van
I'm an ESP8266 enjoyer but those ESP32 has become cheap! Are there big differences between different boards?
Yes,magnets and screws&nuts, cant have too many of these!
Magats are rationalizing this shit already and saying it’s fine so don’t hold any hope in them ever coming back to reality