Among the reciprocal tariff levels Trump announced:

China: 34%

European Union: 20%

South Korea: 25%

India: 26%

Vietnam: 46%

Taiwan: 32%

Japan: 24%

Thailand: 36%

Switzerland: 31%

Indonesia: 32%

Malaysia: 24%

Cambodia: 49%

United Kingdom: 10%

Rest of the world: 10%

      • Gigasser@lemmy.world
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        Imma just post this video here: https://youtu.be/5RpPTRcz1no

        What the current administration is doing tracks with this video fairly accurately. Basically, “Network States” are what they want. It’s basically what exists in Honduras right now in the form of "Prospera, which is a network state that operates in that country.

    • 467265654C75696769@sh.itjust.works
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      The following quote from ChrisO_wiki on bsky

      “@chriso-wiki.bsky.social Just figured out where these fake tariff rates come from. They didn’t actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country’s exports to us.” Just about sums it up.

    • CaptainPedantic@lemmy.world
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      No, it’s half the tariff those countries place on American goods. Or so he claims. I have no idea where those numbers come from.

        • CaptainPedantic@lemmy.world
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          He doesn’t understand anything. Here’s what he said about income taxes and tariffs today.

          They established the income tax so that citizens, rather than foreign countries, would start paying the money necessary to run our government

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            I’m not sure that that’s necessarily wrong. Excise taxes, import duties, etc. have been around for millennia. In the US, the income tax has only been around since the Civil War (which it was created to pay for).

            • Dale@lemmy.world
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              Taxes on citizens have always been used to run the government those citizens live under. Doesn’t matter if it’s base on income or something else.

              The only way to make other countries pay for your government to operate is to invade them and steal all of their resources… like Hitler did.

              It’s really not worth trying to make sense of anything this guy says. He is the definition of a bullshitter.

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              Why would someone run a business exporting goods into a country if they couldn’t charge more than the cost of duties, labor, and materials for the goods?

            • SupahRevs@lemmy.world
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              Don’t forget land sales tax which happened a lot after the Louisiana Purchase and the Gold Rush.

  • Buffalox@lemmy.world
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    “our country has been looted, pillaged, raped, plundered”

    by other nations selling their goods to us cheaply, and by them accepting our Dollars that cost us nothing to make for it!!

    I don’t think Trump understands the benefits and privileges for USA of having the top international reserve currency.
    But maybe if he ruins it quick enough, he may find out?

    Play stupid games and win stupid prices.

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      Play stupid games and win stupid prices.

      He is playing Vlad Putin 8D Chess, not Donald Trump 1D Checkers. https://lemmy.world/post/27627662/16165977 This was all planned in 2013.

      Introduction to the Kremlin media techniques of year 2014

      1. Peter Pomerantsev September 9, 2014: Russia and the Menace of Unreality. How Vladimir Putin is revolutionizing information warfare

      2. Adam Curtis, BBC, December 31, 2014: On The “Contradictory Vaudeville” Of Post-Modern Politics - “What this film is going to suggest is that that defeatist response has become a central part of a new system of political control. And to understand how this is happening, you have to look to Russia, to a man called Vladislav Surkov, who is a hero of our time. Surkov is one of President Putin’s advisers, and has helped him maintain his power for 15 years, but he has done it in a very new way.”

      3. Book reading from December 5, 2014 on the subject by Peter Pomerantsev

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      One of my main rules of life is that people are most suspicious of the behavior they are most likely to perform. Cheaters think they’re being cheated on, thieves think everybody is stealing from them. If HitlerPig thinks everyone else is looting, pillaging, raping, and plundering, its because that what he does.

    • Wanpieserino@lemm.ee
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      Buying from other economies does two things. One, you have access to their expertise/efficiency.

      Not everyone will have invested in the same industry.

      Will miss out on cheap labour. Cheap resources.

      Don’t be dumb though, selling us USD for our products isn’t just “printing paper”. We use those USD (mostly we sell the debt to china) to buy USA companies. It’s capitalism after all.

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    A lot of people’s lives are about to get more expensive… again.

    <butterfly meme> Is this winning?

    • RandAlThor@lemmy.caOP
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      China and Vietnam are producing a lot of the low cost every day items people use. It’s going to hit the lower income people the hardest. Thank goodness I’m in Canada.

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        Shit might hit the fan harder and faster in USA, but don’t be fooled: Canada and every other country in the world will be gravely affected: less trade, prices inflate, some goods become hard to find at all at any price, etc. US $ after all is the big reserve currency and all international trade was de facto protected by US military hegemony. Probably countries like North Korea or Iran will see least influence from all this… It’s insane to watch this happening. Their main goal really just seems to be to create chaos. And from chaos… rises whatever authoritarian state they want to create after declaring some state of emergency shit and after the superwealthy gobbled up all the failing companies at bargain prices. It’s like they’re organising a reenactment of the “shock therapy” that crashed the Russian economy on a speedrun after the soviet union fell apart.

    • cosmicrookie@lemmy.world
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      Mainly American people’s lives. He’s basically making everything more expensive in USA that is not made in USA, but most things made in USA are dependent on imported parts, fertilizers, components, raw materials etc… This is going to be a mess to witness

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      The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.

      All is going according to plan.

      • AJ1@lemmy.ca
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        um, yeah. we heard you the first 5 times, why do you keep reposting the same comment over and over?

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    I mean, this will suck in rhe short term, but these companies will exit the U.S. market if it gets to be uneconomical, and we’ll be fucked, not them. Trump’s I Am sO sMaRt comments all the time will make him look like an even bigger idiot than he already does.

    If we actually want manufacturing in the U.S., give companies incentives to do business here. This is the opposite of incentives.

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      What is looking like more of an idiot than he already does going to accomplish? He’s the most idiotic politician in living memory, by far, and there are some absolutely colossal morons on that list. The people who haven’t figured that out are never going to. They will be praising him until the day they die.

      • RoundSparrow @ .ee@lemm.ee
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        What is looking like more of an idiot than he already does going to accomplish? He’s the most idiotic politician in living memory, by far, and there are some absolutely colossal morons on that list.

        He is a Reality TV star. People can not resist mocking Donald Trump. Mocking isn’t resisting, mockery is all part of the Kremlin media techniques. The more idiotic he and Elin Musk behaves, the more people rush to their social machines and LOL. People can not resist his orange skin color, it makes skin color a constant topic (brown, black, white, orange, etc).

        Introduction to the Kremlin media techniques of year 2014

        1. Peter Pomerantsev September 9, 2014: Russia and the Menace of Unreality. How Vladimir Putin is revolutionizing information warfare

        2. Adam Curtis, BBC, December 31, 2014: On The “Contradictory Vaudeville” Of Post-Modern Politics - “What this film is going to suggest is that that defeatist response has become a central part of a new system of political control. And to understand how this is happening, you have to look to Russia, to a man called Vladislav Surkov, who is a hero of our time. Surkov is one of President Putin’s advisers, and has helped him maintain his power for 15 years, but he has done it in a very new way.”

        3. Book reading from December 5, 2014 on the subject by Peter Pomerantsev

    • NuXCOM_90Percent@lemmy.zip
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      It isn’t quite that easy.

      The US is a MASSIVE part of basically every luxury industry and isn’t insignificant in many others. So while alternate trading partners can be found to handle stuff like lumber, plenty of industries are going to be hit real hard and not have alternative customers. And they aren’t going to just want to lower their profits for national pride.

      But yeah. I REALLY hope trump is just actively destroying the US either in the name of putin or just out of anger and spite over not winning in 2020. Because the alternative is that we are all going to suffer so fucking much because that piece of shit doesn’t understand what tariffs are.

      • Renohren@lemmy.today
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        Luxury goods are not really hit by tariffs nor taxes the same way more basic goods might be. A $ 4000 bag that goes to $ 4 500 is way more manageable for the kind of people who want to and can buy it (it may even make it more desirable for those who want and can’t buy it).

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      The effects of widespread tariffs is well known.

      You will lose industry that makes high added-value products, and increase the production of products with low added-value. (Most people call this “deindustrialization”.)

      Tariffs mostly don’t impact the overall trade balance, so there’s no reason to expect that one to change.

      • Bubbaonthebeach@lemmy.ca
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        Except, for example many Canadians, who are really fed up with being the kick ball for American Presidents (Trump has a lot of company when it comes to tariffs), who will do their best to not buy anything from the USA. I predict our trade deficit will go in the opposite direction that Trump hopes. The USA still needs to buy electricity, gas/oil, wood, and various other raw products from Canada. We don’t have to buy finished goods from the USA since there are plenty of other countries to supply them. We really don’t need to vacation there.

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          AFAIK, most low added-value products the US net exports are food. Also AFAIK, Canada mostly doesn’t buy those, but the countries that do buy them won’t just stop.

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        And since we haven’t moved the needle on the minimum wage in decades, people will be making those low-added value products at starvation wages.

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      The glue eating rageaholic is doing the opposite of this. He’s going to tarrif farming EXPORTS from the US.

      Never in our history has america had such a stupid president.

    • AA5B@lemmy.world
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      If we actually want manufacturing in the U.S., give companies incentives to do business here

      Like the CHIPS act? The EV and related items? Infrastructure? High speed rail (most of which has a made in us requirement)? What happened to those again?

      • NocturnalMorning@lemmy.world
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        The current administration is trying to pull the funding back even tho its been appropriated by congress. Funny how congress isn’t doing anything about it.

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      The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.

      All is going according to plan.

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    Ironically crashing the economy is one of the best things you can do to slow down climate change

    • Bytemeister@lemmy.world
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      Wrong.

      The best things you can do are invest in green energy and energy storage projects, create polices that cap (and actually punish) carbon emissions, upgrade to more efficient infrastructure… All things that take money, a functional government and a functional economy.

      What we learned from COVID, is that crashing the economy does not really slow down climate change, it just hits the pause button for a little bit, and then it resumes at the same or greater speed.

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        pause buttons is all its about. emissions wont stop after energy generation is zero-emission. it just will be slower by a chunk (like 60%ish)

        people will still breed cows/not turn vegan (up to 75% of total 20%ghg emissions) and mobility will also remain (lets just say by half without derailing too much - so half of total 20%ghg emissions)

        Also theres studies on how we are kinda jet lagging in resulted heating and on how recordings of right before pre-industrial era levels also could be different, lower in total and therefore more extreme heating affecting tipping points.

        so a pause like that would be great - because all we have left is time and smart people (although kinda marginalized nowadays and I dont really believe in the success of that in short term) we have crossed 1,5° and therefore are in tipping point cascade (which is irreversable) territory.

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        Not wrong. But I will point out that this will funnel a lot more money to China, which has been investing much more heavily in greentech than the US has. So overall it could actually be a plus - for climate change at least.

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        Just a silly joke of course. Gallows humor. In order to combat climate change you’d have to re-design how we live and work and our economic system and reset existing wealth inequalities, re-design and rebuild thousands of industrial processes, and change multiple systems that are in place. For example you’d at least have to:

        1. Ban advertising to reduce desire/demand for consumption
        2. Ban patents (at least in the current form) so industrial processes can be re-designed and rebuild without roadblocks
        3. Nationalize news and social media and turn them into a cooperative under the control of the workers there
        4. Invest into R&D for circular economy and development and regulation for long lasting appliances and goods that last decades with repair and maintenance

        Basically what we learned is that it’s practically impossible for humanity as a global civilization to stop climate change. Most people can’t even bear to think about the steps it would take.

        Of course, developing the technology for a sustainable circular economy for the basic needs (food, energy, education, building shelters, communication etc) is still worthwhile.

    • takeda@lemm.ee
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      Sure, but he is just crashing Western economy as Russia is preparing to invade rest of Europe.

  • b161@lemmy.blahaj.zone
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    Boycott the USA. Do not consume American products. Do not travel to the US. Cancel your subscriptions, find alternatives or pirate their software and media. Make Americans tourists feel unwelcome.

      • Lenny@lemmy.world
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        Same. Got chickens, veg seeds, and I’m about to buy a bow for hunting my own meat. Fuck the US, time to crack out that survivalism I’ve been practicing.

    • Goldmage263@sh.itjust.works
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      But like, could I come visit if I need to seek asylum? That would be different than tourism, right? I’m not really happy or comfortable with the situation here, nor have my efforts been able to change other people’s views (e.g. make them think about consequences).

      • b161@lemmy.blahaj.zone
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        Ok to be fair… You may come as long as you’re a queer / trans baddie or if your name is Luigi, or take the “death to America” pledge. 😌

        • danciestlobster@lemm.ee
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          I’ll take that pledge without even visiting your country! Then again when I do!

          Seriously though, this regime is terrible and some of us are protesting every opportunity we can get. I’ll be the first to admit America has deeply rooted problems but some of us are trying to fix it and would like to not be treated like shit for the actions of the magats

        • Goldmage263@sh.itjust.works
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          Deal. I stopped pledging “allegiance to the flag” over a decade ago when I realized this wasn’t a nation with “liberty and justice for all”. I’ll also bring some trans baddie friends with me.

          • Cryophilia@lemmy.world
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            “Death to America” is no longer a call to action; now it’s just remarking on current events.

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      I’m doing my part! More to strengthen the EU, than to weaken the US, but: Cancelled all US tech subscriptions (not a small deal as a software dev). Cloud services all moved to Scaleway in France, AI migrated to Mistral, mail to Tuta, maps to Mapy.cz and more…

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      I get where you’re coming from, but the whole tourist thing . . . remember half of us fucking despise Trump and his merry band of fascist fuckwits.

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    isn’t this just going to fuck up the US economy rather than meaningfully affect any other country? you don’t fucking produce anything worth a shit anymore.

    • Rakonat@lemmy.world
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      Trump has no idea how the economy works, his wealth is propped up by Russian oligarchs laundering money through his assets.

      This move is almost certainly being directed to him through foreign agents the traitor has as advisors (though they consider themselves handlers) on behalf of Putin and other regimes hostile to the US who back door’d their way into the situation through his greed and lack of morality.

      • andros_rex@lemmy.world
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        Also intentionally crashing the economy to hurt political enemies and cause civil unrest (mass government firings = lots of educated qualified people out of work, also drives down wages of other educated qualified people). Techo-fascist corporate cities and Gilead don’t need a Dow Jones index.

    • PonyOfWar@pawb.social
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      It will have an effect on other countries, but fuck up the US economy the worst. Other countries have the benefit of having 190+ other countries to do trade with. Over the next few years, they will increasingly go for alternatives to whatever they’ve previously traded with the US. Thanks to the stable genius, the US will permanently be left poorer, while other countries will soon have economic growth again.

    • The_Caretaker@lemm.ee
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      The overabundance doesn’t just vanish. When the poor have less, the wealthy have more. There may be more homeless people fighting over food but the billionaires will be able to get a fleet of yachts.

      • Initiateofthevoid@lemmy.dbzer0.com
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        This is really not true. The wealthy aren’t playing 4D chess with the economy, they are just as short-sighted behind closed doors. The Great Depression fucked a lot of wealthy people up and turned the entire nation against them. It can happen again.

        Edit - and for the record, the abundance does vanish in a depression scenario. Factories shut down, productivity collapses. The world will literally extract, refine, process, and build less of everything. You can’t build a fleet of yachts without a functioning economy.

        • Jamini@lemmy.zip
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          The Great Depression fucked a lot of wealthy people up and turned the entire nation against them. It can happen again.

          One might argue it already is happening. Right now. In real time.

          Be safe.

      • CileTheSane@lemmy.ca
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        Just like how a rising tide raises all boats, a sinking ship takes everyone down with it. The billionaires think being on the life rafts will make them more wealthy compared to those that are sinking.

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      He is gambling on the fact that Us economy can hold off longer than other countries and they’ll cave

      It’s like two people holding their breath bad for both but neither wants to lose

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      Most of the kit that is made in US uses parts distributed by other countries… So even domestic sales of US created products are likely to be impacted. Gotta give it to Krasnov, he’s doing a bloody good job at the task he’s been set.

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    In case anyones looking at this and asking question like “Why has Cambodia been dunked with 49% when they’re clearly not a competitor to the US” or “Why is Trump claiming that the European Union has a 40% tariff on the US when the actual mean tariff on US goods into the EU is less than 5%”, here’s your answer to how these figures have been calculated.

    • Take the US trade deficit with a given country (eg. China is $292bn)
    • Take the total good imported by US (for China that’s $439bn)
    • Divide the first figure by the second! Why? Who knows! It’s a number! Less talk more first grade arithmetic (if you’re still following that gives us 67%)
    • That gives us a random number which we’ll pretend is that country’s tariff of US goods even though it’s completely unrelated in every way. We’ll divide it by two to get the new tariff rate for imports from that country. Why? Honestly if you’re still expecting there to be an answer to that question I’m wondering if you’ve been following. (that gives us 34%, well actually it gives us 33.5% but I’m not sure the Trump administration understands the idea of fractions so we’ll just round it up from there)

    The “reason” behind this is that Trump seems to think trade deficits are really bad, which is bad news for the US because it’s had a trade deficit for the last 50 years. We’ll ignore the fact that based on GDP it’s been the wealthiest country in the world for that time though.

    Anyway, just to give everyone an idea of how completely, utterly unrelated to anything meaningful that figure is, let’s take Cambodia. The country is very poor compared to the US so can’t afford to buy anything that the US manufacters (Cambodians aren’t driving round in Teslas or IMessaging each other). Some US companies use it for clothing manufacture because labour is cheap in Cambodia (see the previous bit about Cambodia being much poorer than the US). This means that Cambodia imports close to nothing from the US compared to what it exports, giving it a close to 100% trade deficit, so we wind up with a 49% tariff on Cambodia.

    I genuinely don’t understand the mindset that looks at the US’s explotation of cheap labour in Cambodia and interprets the US as the victim in that relationship, but hey-ho maybe I’m just not biggly-smart enough to understand the 4d chess moves at play here. . .

    Reference (because unfortunately none of what I said was made up and that geniunely is the calculation): https://www.theguardian.com/us-news/2025/apr/03/trumps-idiotic-and-flawed-tariff-calculations-stun-economists

    Edit: After making fun of Trump for not understanding the enconomy, I went and conflated per capita GDP with GDP. Doh! Now corrected.

  • maplebar@lemmy.world
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    6 days ago

    Why the fuck is our media so bad that they blindly accept Trump’s bullshit line that the tariffs are “reciprocal”? Are they just stupid or have they been paid off? Do they not know the meaning of “reciprocal” or are they just too fucking lazy to question the White House’s rhetoric even a little bit?

    The state of the United States makes me sick. We’re being robbed blind by the oligarchy in broad daylight while the media gleefully amplifies the administrations lies.

    • RoundSparrow @ .ee@lemm.ee
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      8 days ago

      Are they just stupid or have they been paid off?

      Neither one. they are in a cult. Donald Trump is entertaining / clickbait / meme leadership. The novelty of having a 78 year old man shit-talk on an Apple iPhone they can’t resist. They have brain damage from it all.

      “When a population becomes distracted by trivia, when cultural life is redefined as a perpetual round of entertainments, when serious public conversation becomes a form of baby-talk, when, in short, a people become an audience, and their public business a vaudeville act, then a nation finds itself at risk; culture-death is a clear possibility.” ― Neil Postman, Amusing Ourselves to Death: Public Discourse in the Age of Show Business, 1985 !BackTo1985@lemm.ee

    • brucethemoose@lemmy.world
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      8 days ago

      Most headlines I see are going with 10%, which is a big understatement.

      It’s because they’re run by billionaires. Even liberal, big outlets harp on cultural issues to redirect focus.

  • ThisLucidLens@lemmy.world
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    8 days ago

    I’d love to open the news one evening and not feel like we’re another step closer to the apocalypse.

    Honestly, fuck Trump. Where my Luigis at?

      • Lucky_777@lemmy.world
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        8 days ago

        You can’t get close to orange fuck for anything like that. You gotta hope for a natural luigi to show up and say “time’s up bitch”

            • TransplantedSconie@lemm.ee
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              8 days ago

              Imagine he’s golfing and a fucking engine block of a 1982 Buick Regal comes sailing through the air from 200 meters.

              One can only dream.

              • Lucky_777@lemmy.world
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                8 days ago

                I love this idea, make it so fast that it just rolls right over his fat ass, but just enough to put him at deaths doorstep. 15 mins until total death. Put a report next to him. What does he say?

  • PurpleSkull@lemm.ee
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    8 days ago

    Thanks for typing out the percentages, so far I’ve only seen emotional news reports about it without any detailed info.

    Are these tariffs on ALL goods from a certain country? Eg, does 34% on China mean 34% on ALL Chinese goods or just certain ones like cars?

    Well, one of two things will happen now.

    • The US economy will recede by roughly 30% over the coming years (classified by economists as “catastrophic collapse”)

    • It will turn out that trade was “fake and gay” all along and autarky is the way to go, despite centuries of historic lessons to the contrary.

    Take your pick.

    • Baguette@lemm.ee
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      8 days ago

      30% seems pretty generous. Nevermind the complete collapse of trade and alliances we built over the past century, won’t countries stop using the us dollar as the backing reserve? Which will likely set america on an even further downward trend, especially since the dollar isn’t on the gold standard anymore?

  • EvilCartyen@feddit.dk
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    8 days ago

    This is kind of hilarious in a dumb way. It’s going to hit american consumers like a goddamn hammer, and will be rewarded with tariffs going the other way, and we’ll all be poorer. Americans most of all.

    If he keeps going like this you’ll end up with stagflation - high inflation and a stagnating or recessive economy. That shit is hard to get out of, good luck.

    • Zentron@lemm.ee
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      8 days ago

      With a balooning debt to gdp ratio, its gonna get unmanagable really fast , people are too stupid to elect another FDR and US’ tech dominance gap will shrink or be outright gone.

      Chinese millenia is coming if its not already here

      • WoodScientist@sh.itjust.works
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        8 days ago

        Honestly, at this point, I think it’s time to just call it a day on the very idea of the US as a single unified nation. The Constitution has been demonstrated, beyond a shadow of a doubt, to be utterly incapable of actually doing its job. It’s a 200+ year old document written in a different age, by people who didn’t have hundreds of examples of modern democracies to draw upon. It was a good attempt, but it’s horribly obsolete at this point. And our institutions are equally not up to the task. And it was written by 13 states who each joined willingly. If you gave each state a chance to join the current US today, how many would actually do it?

        We need to peacefully dissolve the whole thing. Dissolve the federal government; grant every state full independence. The states can then come together into whatever number of new nations they wish to form.

        This clearly isn’t working. Half the country has completely given up on the Constitution, and the other half thinks institutions and laws alone will magically fix the problem. We’ve crossed the Rubicon. Once a president is allowed to get away with this level of flagrant law breaking, once the courts have become this corrupted, once the system has become so sclerotic and fundamentally incapable of meeting the needs of the people? It’s time to call it quits. There’s no repairing a system like this. Even if free and fair elections happen, electing a Democrat in 2028 will not fix this problem. At best, we’ll get 4 more years of useless waffling, and then another fascist will get elected in 2032.

        The US is a couple that has reached an impasse of irreconcilable differences. The US had a good run, but at this point it’s time to admit that it’s run its course, and it is time to move on.

        The US isn’t even really a nation; it’s more of an empire. There are vast regional differences in the country. The cultures and desired governments of the people in the different regions vary substantially. But because we’re all locked together in this bloated dying husk of an empire, nobody is happy. There’s a reason the oldest countries in the world tend to be smaller ones. Empires are held together by force, not by common culture and shared values. They tend to collapse under their own weight and contradictions eventually. And the US is no exception.

        And we shouldn’t mourn this. The US had a good run. It did some cool things and made some real advancements on the human story. But governments exist ultimately to serve the people. Can anyone really say with a straight face that the people of the US wouldn’t be better served by breaking the US into a series of smaller, more manageable nations that better reflect the will of their people? Would all the nations that border the Mediterranean really be better off if they were still united in the Roman Empire? Would all of Latin America outside of Brazil be better off if it was all still New Spain? Would the people of Asia be happier if they were still united in some post-Mongol empire? I don’t think so.

        Sometimes you just need to let things die. It’s time to put the United States out of its misery. We can do better.

          • WoodScientist@sh.itjust.works
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            8 days ago

            This and a hundred other issues would be settled in the process of negotiating the breakup. Odds are only a handful of states would want them, as only a handful would have the economic base to support their upkeep. Nukes are expensive as hell to build and maintain. New York, California, Texas, etc. Like any divorce, you have to negotiate and find a way of dividing communal property.