50% on Brazil, same as China. What is so stupid is that it is completely obvious that Trump doesn’t have a cohesive strategy for his tariffs. Rather, they’re just a convenient weapon he can wield as a bully. Why should any American not want a country to criminally prosecutes their corrupt former leader, let alone pay higher taxes on goods as a result? Eventually, this raising of taxes on Americans with tariffs on foreign goods will have a bigly negative impact on the U.S. economy.
Yeah, I feel somewhat guilty for trumpposting, but threatening Brazil for handling with its own internal politics is the lowest of the low for any country. Disgusting, even for him.
Lol, that is exactly what I’ve been doing for months now. Why pay extra for a device which has a few final assembly steps in the US, when i can just source the components directly from China and build it in house?
Switching up key suppliers to avoid paying taxes to the trump regime is a hard sell with the suits upstairs, but when the Americans start slapping additional taxes onto themselves and driving up their prices, they are handing me a divestment opportunity on a silver platter.
Don’t forget that Brazil is one of the few countries that the US has a positive trade imbalance with. The stated goal of the tariffs was always balancing trade, this is explicitly political strong-arming.
On the upside, the rest of the world seems to be decoupling, selling bonds, and generally just avoiding the US so hopefully the Economic nuke dropped on them will have minimal fallout on the rest of us.
I say “minimal fallout” knowing it is going to be a fucking disaster for everyone, but hoping for the best.
It’s more insane than that. 55% is only on certain items from China. Most are at 35%. So effectively Brazil would be higher. The craziest is they’re higher for purposes of political interference from USA…
50% on Brazil, same as China. What is so stupid is that it is completely obvious that Trump doesn’t have a cohesive strategy for his tariffs. Rather, they’re just a convenient weapon he can wield as a bully. Why should any American not want a country to criminally prosecutes their corrupt former leader, let alone pay higher taxes on goods as a result? Eventually, this raising of taxes on Americans with tariffs on foreign goods will have a bigly negative impact on the U.S. economy.
Yeah, I feel somewhat guilty for trumpposting, but threatening Brazil for handling with its own internal politics is the lowest of the low for any country. Disgusting, even for him.
I’d just try to replace every USA import with a chinese equivalent if I were Lula and divert e.g. meat exports to China and the EU. That would be fun to watch https://www.datamarnews.com/noticias/brazils-beef-exports-to-the-u-s-soar-by-498-despite-trumps-tariffs/ muricans without hamberders.
Lol, that is exactly what I’ve been doing for months now. Why pay extra for a device which has a few final assembly steps in the US, when i can just source the components directly from China and build it in house?
Switching up key suppliers to avoid paying taxes to the trump regime is a hard sell with the suits upstairs, but when the Americans start slapping additional taxes onto themselves and driving up their prices, they are handing me a divestment opportunity on a silver platter.
Don’t forget that Brazil is one of the few countries that the US has a positive trade imbalance with. The stated goal of the tariffs was always balancing trade, this is explicitly political strong-arming.
Well, we need to use tariffs until they sell us more goods! Obviously we’re losing too many goods to them and not bringing enough in!
Wait, wasn’t it 30% on China? I am lost
I think the percentage changes based on when they last changed his diaper.
You and me both.
On the upside, the rest of the world seems to be decoupling, selling bonds, and generally just avoiding the US so hopefully the Economic nuke dropped on them will have minimal fallout on the rest of us.
I say “minimal fallout” knowing it is going to be a fucking disaster for everyone, but hoping for the best.
“Why doesn’t anyone want to trade with us anymore?” - Trump
I don’t know, man. Can’t be anything you did, right?
He’ll never admit it. He’ll blame immigrants or the gays or the trans or the woke or the Jews or the liberals or Biden or Obama or the Clintons.
Never himself.
Because we don’t criminally prosecute our corrupt former leaders, we re-elect them.
It’s more insane than that. 55% is only on certain items from China. Most are at 35%. So effectively Brazil would be higher. The craziest is they’re higher for purposes of political interference from USA…
remember , magats dont realize the countries arnt paying for tairffs, its the customers down the line.