Trade War 2025 - You get tariffs and you get tariffs, tariffs for everyone!

[Monk Amen]

chat is something gonna happen tomorrow?

 

[Eurofighter Turbo 9000]

chat is something gonna happen tomorrow?

Stocks only go up. The only thing preventing them from doing just that is the market being irrational.
On a more serious note: I see this market crash as being transitory. The fundamentals, the unique entrepreneurial spirit in the US are guaranteeing long term growth.

 

[Breadbassket]

On Wednesday, Trump signed an executive order announcing reciprocal tariffs on all countries that have placed tariffs on US goods. These tariffs fall on Trump's so-called "Liberation Day," which the president has been touting for weeks as the day when his expansive trade plan would drop.

 

[Agamemnon Busmalis]

I am really looking forward to double-digit inflation and enormous retaliatory tariffs for the foreseeable future! The economy is already shit so who cares if we dump some stagflation on top of it.

This increasingly demented idiot has lost the plot. Who the fuck is even advising him on economic matters at this point?

 

[Norwegian Trailer Trash]

I am really looking forward to double-digit inflation and enormous retaliatory tariffs for the foreseeable future! The economy is already shit so who cares if we dump some stagflation on top of it.

This increasingly demented idiot has lost the plot. Who the fuck is even advising him on economic matters at this point?

Probably people rich enough to buy the dip and come out owning even more of the country. I can't wait until people get over this culture war bullshit and start voting actual economy.

 

[YHWH's Strongest Soldier]

This increasingly demented idiot has lost the plot. Who the fuck is even advising him on economic matters at this point?

People who will help him expand his personal wealth and that of his friends. Trump is not getting reelected and the chance of a Trump dynasty is miniscule. He has no reason to fight for more votes as he has no stake in the future of the Republicans.

Edit:

The fundamentals, the unique entrepreneurial spirit in the US are guaranteeing long term growth.

You're delusional. How is it that every powerful country's retarded citizens develop stupid notions of their own uniqueness. You're not God's chosen. Nobody is.

 

[HOMO FOR LIFE RETURNS]

 

[Abowaffen]

Reposting from the Trump thread.

Someone did the math. Trump/ his team took the countrys trade deficit aganist america, halved it and thats their new tariff, added to the base load of 10% everyones getting (except Russia and North Korea lol)
Can someone explain to me why the list isn't in alphabetical order? Fucking nightmare trying to find a specific state.
Iran has 10% tariffs, Israel has 33%

Edit: How the Trump admin came up with the % amount:

 

[I glow in the dark]

Stocks only go up. The only thing preventing them from doing just that is the market being irrational.

I don't know about that, I'm reading WSB and a few other trading forums and 95%+ people are scared shitless.

 

[Inspector Rex]

Who the fuck is even advising him on economic matters at this point?

Idk, maybe big businesses whose (1) tax heavens won't be touched and (2) taxes have been promised to be lowered? So even if this shit somehow works as intented (which I doubt), the budget deficit will be solved by regular consumers who are in bottom of the food chain.

You're delusional. How is it that every powerful country's retarded citizens develop stupid notions of their own uniqueness

The country doesn't even have to be powerful, tbh.

 

[Hellbound Hellhound]

This is just an exercise in poor Americans being expected to shoulder the burden of financing the latest round of tax cuts for the wealthiest Americans, because it's the ordinary US consumer who will be hit the hardest by the ensuing price rises, while big business will simply continue to monopolize and seek out more favorable markets abroad.

It will also almost certainly backfire, because consumers having less purchasing power will hurt the US economy (stock indices are already down), a lower overall tax intake will balloon the deficit, and with the dollar looking to grow weaker in response to the tariffs, the US will be impeded in it's ability to service it's national debt.

Based upon the chart Trump presented during his speech, I'm not even confident that his handlers have got their facts straight, because the 10% figure quoted in relation to Australia seems to be in reference to a general sales tax, not a tariff. I'd have to take some time to research how they may have arrived at the figures for the other countries, but if the Australia figure is any indication of how on the ball this administration is with respect to the facts of international trade, then I have zero confidence that they aren't going to fuck this up.

 

[Inspector Rex]

I'd have to take some time to research how they may have arrived at the figures for the other countries

Assuming what I've read, it was actually a simple linear formula
tariff = (x - m)/m.

Where x - American exports to a country, and m - imports. Yeaaaaaaaah.

UPD:
Actually, it's a bit more complex:
tariff = (x - m)/(a*b*m)
a - import elasticity (which is arbitrarily set to 4 for every country)
b - transfer of tariffs to import prices for the national economy (which was arbitrarily set to 0.25)

a*b = 1; so we're back to the first formula. My bet is that some autistic tech bro came up with this.

I mean, I hate neolibs with their "evidance-based policies" that are often detached from real world, but this is just retarded.

 

[Nonga Tork]

I've seen it reported that China, Japan, and South Korea have come to some sort of agreement of mutual cooperation in dealing with US tariffs and the resulting changes to trade. You know you done fucked up when you managed to get those three working together openly.

 

[Male Idiot]

Oy vey what does he think he is doing imposing a 17% on his Greatest Ally? This is 17 anudda shoahs!1!

May YWH remove his foreskin!

 

[Gorbino]

My advice: buy things now and as quickly as possible! In a quarter or two - everything will cost 50% more. Because the stock of things at the old price will run out, and the restructuring of the supply chain will take time - which will create an additional shortage.

 

[Abowaffen]

Wtf did the Penguins do?

 

[Male Idiot]

Wtf did the Penguins do?
View attachment 7171644

McDonalds islands? So the penguins were making burgers! This will make America healthy!

 

[AbendCode12]

Wtf did the Penguins do?
View attachment 7171644

Its an uninhabited tax haven, just like all the rest

No-one lives on Bouvet Island but there are a dozen Australian bank accounts linked to it​

Bouvet Island is a bleak and desolate place, and considered the world's most remote.

Located towards the bottom of the South Atlantic Ocean, it's generally windswept, frequently fog-shrouded, and mostly covered by a glacier.

A dependency of Norway and declared a nature reserve in the 1970s, no-one lives there, and it's visited only infrequently by Norwegian polar expeditions.

The nearest human habitation is Gough Island, 1,600 kilometres to the north, and even that's just a weather station and scientific outpost crewed by roughly half a dozen South Africans.

Otherwise, Queen Maud Land of Antarctica lies 1,700 kilometres to the south, the South Sandwich Islands 1,900 kilometres to the west and South Africa 2,600 kilometres to the north-east.

Bouvet's only vertebrate residents are thousands of seals, seabirds and penguins.

https://www.abc.net.au/news/2021-10-22/common-reporting-standard-tax-office-bouvet-island-bank-accounts/100556452

These people lied about covid, drugs destroying american communities and illegal aliens, but sure, they're being honest about tariffs. Let's forget all the deception and believe them because orange man bad.

Key points:​

• ATO data showed foreign tax residents had $241 billion held across 7.1 million Australian accounts
• Several million dollars was held in uninhabited jurisdictions, such as Antarctica and Bouvet Island
• The largest average account balances were held in "notorious tax havens"

The data detailing foreign accounts with Australian financial institutions has only been produced since 2018, as part of international common reporting standards reforms pushed by the OECD and adopted here through legislation passed in 2016.

Everyone in power knows where this is happening and why.

 

[Rei is Shit.]

Wtf did the Penguins do?
View attachment 7171644

Everything with an ISO country code got a tariff. They might have used chat GPT to generate this shit.

 

[Gunter x Gunter]

So what now, Global recession or is the world gonna band together and try to circumvent it without the americans.