Trump Tariffs & Trade War megathread
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  Trump Tariffs & Trade War megathread
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Author Topic: Trump Tariffs & Trade War megathread  (Read 74124 times)
President Johnson
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« Reply #2250 on: April 07, 2025, 01:38:31 PM »

He is literally insane.



Quote
Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set. Therefore, if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated! Negotiations with other countries, which have also requested meetings, will begin taking place immediately. Thank you for your attention to this matter!

Donald Trump Truth Social 04/07/25 11:14 AM




Quote
We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!

Donald Trump Truth Social 04/06/25 07:20 PM
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Blue3
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« Reply #2251 on: April 07, 2025, 01:40:35 PM »

I guess it's not entirely clear whether it's 104% or 70% (50 replaces 34). I interpreted his post as 104% at first but I guess it's not clear and some are questioning that.
He said additional.

Right but the 34 was additional over the 20. So he could be saying the additional over the 20 is now 50 not 34. Or he could be saying additional over both of them who knows.

Additional, as mentioned.


The WH has also confirmed it will be 104% tariffs
https://www.nbcnews.com/politics/trump-administration/live-blog/trump-netanyahu-tariffs-live-updates-rcna199871/rcrd76516
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Voice of low info America
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« Reply #2252 on: April 07, 2025, 01:42:49 PM »

Tariffs on China would need to be like 300% for it to become cheaper to buy American. And even then, the American-made product might be worse.
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HisGrace
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« Reply #2253 on: April 07, 2025, 01:43:11 PM »



I'm now convinced we live in an AI simulation.

Reagan was such a great communicator, sick of people comparing him to Trump or Biden due to age. I think even a brain rot addled idiot these days could understand that speech whereas no one these days seems to be able to explain it in a way that breaks through so it's just "oMg tERRiFs tHEy,rE RObIng us"
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GAinDC
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« Reply #2254 on: April 07, 2025, 01:44:50 PM »

https://bsky.app/profile/peark.es/post/3lmal7lc6ut2l

https://bsky.app/profile/did:plc:pnx2fjuannbdpy3337ggthpp/post/3lmal7lc6ut2l
Quote
New statement from CEA Chair Stephen Miran, whose work people used to drum up the "Mar-A-Lago Accord" idea.

This is deeply unhinged stuff. Of the ideas presented, one (1) is helpful to rebalance the global economy (more defense spending by other countries).

www.whitehouse.gov/briefings-st...


...

This is a total embrace of permanent, punitive tariff policy. Until Congress intervenes, we're not getting a material change in the status quo.


@OSR none of this has to do with your sales tax fantasy or whatever. It's just that Trump does not like trade deficits and has not liked trade deficits since the 1980s. It is one of the few things he has been consistent about. Trump wants the trade deficits with each individual country to be 0 (or a positive number), which is insane. Trump does not understand that there is a structural reason why the US runs consistent trade deficits - it is because the USA has to. It's because the US dollar is the international reserve currency, which means that other countries need to get dollars to make payments. This increases the demand for dollars, and in order to get dollars they have to sell stuff to people who have dollars (i.e. Americans) in order to receive dollars in exchange. The only way that changes is if the US dollar becomes no longer the (or a) main global reserve currency, and if the Chinese Yuan or something takes over as the new global reserve currency.

Wait — they really think they can force other countries to not impose retaliatory tariffs? That’s their solution? Tell other countries “you better NOT!”
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weatherboy1102
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« Reply #2255 on: April 07, 2025, 02:41:45 PM »

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インターネット掲示板ユーザー Punxsutawney Phil
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« Reply #2256 on: April 07, 2025, 02:43:36 PM »


I am a (very infrequent) Civilization 6 player and I endorse this message.
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Darthpi - Crush the Oligarchy
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« Reply #2257 on: April 07, 2025, 03:16:34 PM »

He is literally insane.



Quote
Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set. Therefore, if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated! Negotiations with other countries, which have also requested meetings, will begin taking place immediately. Thank you for your attention to this matter!

Donald Trump Truth Social 04/07/25 11:14 AM




Quote
We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!

Donald Trump Truth Social 04/06/25 07:20 PM

Increasingly convinced that instead of debates it would be much more productive for the candidates to simply take an honors-level civics class exam and let the public see the grades. Certainly would have been a more informative exercise with this idiot.
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MadmanMotley
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« Reply #2258 on: April 07, 2025, 03:18:34 PM »

He is literally insane.



Quote
Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set. Therefore, if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated! Negotiations with other countries, which have also requested meetings, will begin taking place immediately. Thank you for your attention to this matter!

Donald Trump Truth Social 04/07/25 11:14 AM




Quote
We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!

Donald Trump Truth Social 04/06/25 07:20 PM

Increasingly convinced that instead of debates it would be much more productive for the candidates to simply take an honors-level civics class exam and let the public see the grades. Certainly would have been a more informative exercise with this idiot.
President Jeopardy: Winner gets the White House
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GeorgiaModerate
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« Reply #2259 on: April 07, 2025, 03:22:26 PM »

He is literally insane.


Quote
Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set. Therefore, if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated! Negotiations with other countries, which have also requested meetings, will begin taking place immediately. Thank you for your attention to this matter!

Donald Trump Truth Social 04/07/25 11:14 AM



Quote
We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold. The Surplus with these Countries has grown during the “Presidency” of Sleepy Joe Biden. We are going to reverse it, and reverse it QUICKLY. Some day people will realize that Tariffs, for the United States of America, are a very beautiful thing!

Donald Trump Truth Social 04/06/25 07:20 PM

Increasingly convinced that instead of debates it would be much more productive for the candidates to simply take an honors-level civics class exam and let the public see the grades. Certainly would have been a more informative exercise with this idiot.
President Jeopardy: Winner gets the White House

Might be better than the current system.
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Wrong about 2024 Ghost
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« Reply #2260 on: April 07, 2025, 06:31:49 PM »

Donald J. Trump: "There are things we need beyond tariffs. We need open borders."

President Trump & Israeli Prime Minister Netanyahu Hold Joint Press Conference

Anyone who supports this prevaricating imbecile ought to die of shame, if they are possessed of even a sliver of humanity.   
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Progressive Pessimist
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« Reply #2261 on: April 07, 2025, 06:34:05 PM »

Donald J. Trump: "There are things we need beyond tariffs. We need open borders."

President Trump & Israeli Prime Minister Netanyahu Hold Joint Press Conference

Anyone who supports this prevaricating imbecile ought to die of shame, if they are possessed of even a sliver of humanity.   

No, you don't understand! He means Borders, the book store!
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weatherboy1102
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« Reply #2262 on: April 07, 2025, 07:14:34 PM »

Donald J. Trump: "There are things we need beyond tariffs. We need open borders."

President Trump & Israeli Prime Minister Netanyahu Hold Joint Press Conference

Anyone who supports this prevaricating imbecile ought to die of shame, if they are possessed of even a sliver of humanity.   

CLOSED TRADE
OPEN BORDERS
HOOVERVILLES ON EVERY CORNER
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GeorgiaModerate
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« Reply #2263 on: April 07, 2025, 07:17:01 PM »


Irrelevant aside: the term Hooverville has always made me a picture a town full of sentient vacuum cleaners. Wink
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Joseph Cao
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« Reply #2264 on: April 07, 2025, 10:45:20 PM »

No, you don't understand! He means Borders, the book store!

I will vote for the next president who runs on a single-issue platform of reopening Borders Books.
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Sestak
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« Reply #2265 on: April 07, 2025, 11:15:10 PM »

No, you don't understand! He means Borders, the book store!

I will vote for the next president who runs on a single-issue platform of reopening Borders Books.

Is that not what it always meant? That’s why I’ve been voting Dem all this time…
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You are responsible
Old Europe
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« Reply #2266 on: April 08, 2025, 08:38:10 AM »

Common interests.

Thanks Trump.


https://bsky.app/profile/did:plc:bak7f4b3jsiqlpyo6o4ejaji/post/3lmcf3gqjok2l
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Duke 🇺🇸
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« Reply #2267 on: April 08, 2025, 08:47:37 AM »


Yep. China will become the most powerful country on earth by the time Trump leaves office.
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Sir Mohamed
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« Reply #2268 on: April 08, 2025, 08:57:27 AM »


And then watch the GOP blame it on Trump's Democratic successor.
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Wrong about 2024 Ghost
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« Reply #2269 on: April 08, 2025, 09:12:35 AM »


And then watch the GOP blame it on Trump's Democratic successor.

Given the current trajectory of the Trump regime, and the typical behavior patterns of Republicans, I expect their next non-Trump leader will be campaigning on, "This is all the Democrats' fault, for being so awful they forced us to vote for Trump".
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Vosem
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« Reply #2270 on: April 08, 2025, 10:40:10 AM »




And then watch the GOP blame it on Trump's Democratic successor.

Given the current trajectory of the Trump regime, and the typical behavior patterns of Republicans, I expect their next non-Trump leader will be campaigning on, "This is all the Democrats' fault, for being so awful they forced us to vote for Trump".

I didn't vote for Trump but this is, like, substantially true.
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Duke 🇺🇸
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« Reply #2271 on: April 08, 2025, 11:07:57 AM »

https://www.wyff4.com/article/white-house-peter-navarro-bmw-south-carolina-operations/64412800

If you listen to this moron, the regime wants our economy to be like North Korea's. If you can't entirely source and build something here, we shouldn't have access to it. It sounds like we don't want to try with anyone.
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OSR stands with Israel
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« Reply #2272 on: April 08, 2025, 11:33:45 AM »


https://www.axios.com/2025/04/08/trump-tariffs-house-democrats-jared-golden


Quote
Rep. Jared Golden (D-Maine) is perhaps the only Democrat on Capitol Hill willing to defend President Trump's new tariffs to the hilt. In fact, his main concern is that the president will back down from his trade policy.

Quote
But Golden told Axios in an interview on Capitol Hill: "I'd be a 'no' on that."
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K.W.R.A.E. 8647
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« Reply #2273 on: April 08, 2025, 11:47:08 AM »

Only 4% of American Democrats support tariffs. Come on Jared 😬
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wbrocks67
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« Reply #2274 on: April 08, 2025, 11:51:27 AM »

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