I was gonna get me some Cambodia and Vietnam from eBay. Now what?

Bro just crashed the market with a printed out excel sheet.

As I understand it, that “rest of the world” is actually a base tariff, and the rest of these are ON TOP OF that.

So China is actually 44%, etc

Russia?

China: 34%

Added note that this is cumulative so it’s 54% total. Confirmed by Press secretary earlier.

Putin’s bitch trying to further destabilize the world for daddy.

Holy shit the post-market drops for SPY and QQQ are insane. I haven’t seen a post/pre market move this sharp since Covid

Just saw a news item here in the Netherlands about a bourbon distillery in the US and the owner said that in the long term the tariffs will be good for his business. LOL these magats are delusional. I fucking hope he and his ilk become destitute. Sorry not sorry.

Just trying to understand the Australian perspective on this. Maybe others can correct me.

He’s using the term “reciprocal” as a way of saying certain practices are unfair.

For example, we refuse to import raw meat products because we don’t have mad cow disease here.

We also don’t have american style healthcare, so pharmaceuticals can’t be advertised and are purchased exclusively through the federal government procurement scheme.

In response, he’s applying a 10% tariff on any Imports from Australia. I assume this is in addition to the aluminium and iron ore tariffs but I’m not sure.

We have a federal election coming up so the opinions of both major parties are relevant. Our current progressive PM says it will hurt the US more than us, that we’re not going to respond with tariffs on US products, and we do have legal recourse through our existing free trade agreement.

From here it’s hard to see this as anything other than a huge self-own by the Trump Administration. We just don’t export a lot of stuff to the US, our stock market has responded positively since the announcement. I would be absolutely gutted if the Australian government made any concessions what so ever, and I don’t think I’m alone in that. We have our fair share of MAGA idiots down under, but even they are nationalists, with families. No one here has any interest in letting Trump fuck with our health care system just so Americans pay less in tariffs.

Don’t buy American. Make America lose the trade war and crawl away from these tariffs

Lol, the bitch waited till the markets closed to announce it.

Does that mean oil is also 10% up?

Cambodia one is based.

How are they even coming up with the number all these countries supposedly tariff the US?

Never mind the money. Think about this: Is the American lifestyle self-sustainable?

No? Why not?

Because they use more than they produce? Yes, and where do those things come from?

Imports? Yes.

Trump litteraly put a stop to the American lifestyle.