this post was submitted on 09 Jul 2025
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[–] N0t_5ure@lemmy.world 69 points 2 days ago (13 children)

50% on Brazil, same as China. What is so stupid is that it is completely obvious that Trump doesn't have a cohesive strategy for his tariffs. Rather, they're just a convenient weapon he can wield as a bully. Why should any American not want a country to criminally prosecutes their corrupt former leader, let alone pay higher taxes on goods as a result? Eventually, this raising of taxes on Americans with tariffs on foreign goods will have a bigly negative impact on the U.S. economy.

[–] Arkouda@lemmy.ca 18 points 2 days ago (2 children)

On the upside, the rest of the world seems to be decoupling, selling bonds, and generally just avoiding the US so hopefully the Economic nuke dropped on them will have minimal fallout on the rest of us.

I say "minimal fallout" knowing it is going to be a fucking disaster for everyone, but hoping for the best.

[–] Rhaedas@fedia.io 14 points 2 days ago (1 children)

"Why doesn't anyone want to trade with us anymore?" - Trump

I don't know, man. Can't be anything you did, right?

He'll never admit it. He'll blame immigrants or the gays or the trans or the woke or the Jews or the liberals or Biden or Obama or the Clintons.

Never himself.

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