pls go ahead.
tax yourself into irrelevancy.
And what happens when all of the generic medicines from India are slapped with a 100% tariff? That’s 40-50% of all generic meds in the US
I think I’ve wrapped my head around it.
Trump is stupid but also a puppet. The mandate of capitalism is eternal economic growth. Tariffs force greater consumption of domestic products. This maximizes gains evaluated in scope of a 4 year cash grab.
Is it really this simple?
I mean I think the tarrifs are a ruling-class or at least government consensus where they get to put the blame on Trump. I think this actually is the long-term planning “national security” effort to onshore stuff before “China wins”. You can find those articles that occasionally come out about finding alternative sources for various natural resources like rare earth metals or whatever.
That’s not profitable.
Pretty much yeah. Capitalists always would rather get short term profit than long term profit. While the wealthy might get more money now from the tarrifs, since most of the us industry was shipped overseas its going to hurt the wealthy’s bottom line very quickly. Its not just the normaal push for short term profit, its an extra desperate push as a last ditch effort
Hahahaha.
Okay little guy.
How much do you want to bet that 100% was chosen because it sounds like “maximum possibke tariff” even though that isn’t what it means?
He seems to think tariffs are a tax on the seller, so 100% would mean they make no money.
I bet 101% percent that’s what happened
ONE.
THOUSAND.
PERCENT.
He should just tariff all foreign goods -100% and then gas can be free again
we have entered the ‘scream if you want to go faster’ stage of accelerationism
Didn’t he already do this towards China specifically and then tarriff China less than neighbouring countries (one of which is a major US military ally)?
I guess there are other tarrifs on China that are still in place. Like stink brought up. So “10%” doesn’t tell the whole story.
I found YouTube links in your post. Here are links to the same videos on alternative frontends that protect your privacy:
Link 1:
Link 2:
