Does anyone have a good explanation of the tariffs? Based on the table produced yesterday it would appear most countries have a tariff on US imports and a reciprocal tariff has now been applied for those countries exporting to the US.
Has it been generally accepted (until now) for countries to add tariffs to US imports because the US economy is strong enough to absorb them and the small countries rely on these to try and stimulate growth organically?
Hursty very little reporting of something he actually said last night, and that is that the tariffs include currency manipulation. That could mean anything and is probably made up.
Also, the UK trade deal was tariff free and now it’s 10%
All of this holds no water as its a fucking dumb way to stimulate any kind of economic parity, every economist bar his sychophants are up in arms at how stupid it is. Instead, it looks like a direct order from Putin on how to destabilise the EU even further.
Global economics, of which I’m no expert, seems to be a lot more complicated than just raising the price of a fucking tax, can someone provide a genuine argument of how this is a good idea?
It has all the hallmarks of a Trump political playbook scam that over simplifies the branding of one word “TARIFF” so that his dumb cunt supporters can follow along.
Oh yeah, and have a guess what country isnt on the tariff list? Russia. While all the donkeys who support him run around screaming RUSSIA HOAX, EU leaders must be apoplectic at what he’s doing.
Trump has sexual abuse kompromat on most of Congress but Putin has it on him. A human centipede of sexual abusers trying to find ways to drag everyone else down with them. What a mess.
The west have actively encouraged the use of third world countries to produce cheaper goods and thus increase their wealth by reimporting for use in the service industry
Seems odd that these tariffs want to break that model when it’s proved profitable in-spite of the reduction in local blue collar jobs.
I guess that’s the trump voter base…
Would be great it we tore the entire system down to start again
Anyone seen Sebastian Gorka being interviewed, he’s got it all, genuine hall of famer and destined for big things.
Brings it every time he’s on newsnight
https://www.bbc.co.uk/iplayer/episode/m0029kf1/newsnight-the-trump-tariffs
More clips here
https://www.google.com/search?q=sebastian%20gorka%20newsnight&hl=en-GB
Hursty I can’t believe this is actually true and hardly anyone is reporting it - the BBC has gone with it - this is the formulae the White House claimed they used - I shit you not
Hursty I thought this was Trumps way of creating jobs and growth internally, but surely it takes years for companies to achieve this. They don’t suddenly buy US goods and services over night due to tariffs increasing. So will stick the US in a recession for a while I imagine.
Will he just back track on this in a month or 2 when it’s not working? He does love causing some chaos, and all his chums are prob now investing whilst the economy plummets, and make millions when he reverses all his actions and the economy gets back to normal.
Or am I completely mis understanding this all?
RichM It pays for tax cuts for the wealthy for starters
Funky: Once you realise Trump is playing 4D chess and the rest of the world’s nations, central banks and economics ‘experts’ are playing chequers, it all makes perfect sense
Along_the_Wire win win then!!
RichM I think you’ve got it, at least based on everything I’ve read. It’s basically a tax on the working class to fund tax cuts for the wealthy. All of the insider trading and bribes to avoid tariffs for certain industries are just the personal incentives for trump. He’ll throw the US into a recession and the rest of the world is collateral damage, no of which bothers him in the least.
