- cross-posted to:
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- cross-posted to:
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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%
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I think it’s important to note that this will kill a great many small businesses.
Larger companies have a larger supply in giant warehouses. Small businesses order smaller quantities more often. They get fucked sooner with the costs going up. If a customer wants to support that small business they sometimes would have to pay twice what they could get it for from a larger company. This is a deep consolidation of wealth.
Whelp, guess I’m joining the Boycott US movement
Edit:
Swapped Google for Ecosia
Brave for Librefox (also swapped Firefox Nightly for Iceraven on mobile)
Swapped Uber for Bolt/Uber Eats for Just Eats
Please bring sweeping back. Sweeping is cleanly and good.
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.
This gold from wallstreetbets:
Soooo is the tariffs charged to the United States really a ratio of the trade imbalance?? For example Vietnam imported roughly 14.6 billion in goods from the United States, and we imported around 146 billion, so thus they have decided tariffs are 90% to the United States…thus we are putting a tariff on them of half of that…which means we are literally tariffing the goods we either a)need more or b) get more efficiently at a higher rate? That may be the absolute dumbest way to create a tariff policy I could imagine if that is the case…which it looks to be.
https://old.reddit.com/r/wallstreetbets/comments/1jpzhje/tariff_chart_released/ml476s7/
People are saying if you ask ChatGPT the easiest way to do a global tariff based on trade deficits with a minimum of 10 percent - it spits out the exact same numbers.
The Oracle!! 👁️👄👁️
Haha, this is is a stupid timeline.
I don’t have a ton of “the court is wrong” opinions, but Article 1 section 8 of the Constitution flatly gives Congress the responsibility of regulating trade and imposing tariffs. The President just doesn’t (shouldn’t) have the authority to change rates. The executive needs to execute the will of the Legislative branch.
Congress is pretty much dead. Repubs have lost whatever was the last vertebrae they had in their spine
The default if Congress can’t pass legislation should be that legislation doesn’t happen.
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.
Conveniently left Russia out. I wonder why.
Russia and North Korea.
It’s official. We are the baddies now.
I am not.
If we can’t buy anythibg from North Korea, what would be tariffed?
Ironically crashing the economy is one of the best things you can do to slow down climate change
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.
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:
- Ban advertising to reduce desire/demand for consumption
- Ban patents (at least in the current form) so industrial processes can be re-designed and rebuild without roadblocks
- Nationalize news and social media and turn them into a cooperative under the control of the workers there
- 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.
Did you happen to notice the one country not on the list?
Here I’ll give you a hint it’s name starts with an “R” and is run by a man who’s name starts with a “P” and is currently at war with a country that starts with a “U”…
I’m so sick of the bullshit misinformation that gets upvoted on this site. First, you demand tariffs on what equals to roughly 0.8% of our total imports. Second, there is no “war” currently going on between “R” and “U”. Also, I thought the “P” man ended the genocide against “R” citizens by taking power, I’m not a scholar though so link away with whatever truth burger you’re trying to peddle.
spoiler
/s definitely check links and facts before you get upset with words you don’t like lol
Ok but seriously, I gotta give a shout out to Mbaye Diagne. This is a serious bad-ass, I can’t state just how bad his ass really is. Like all the bullshit movies and books of fake and made up narratives and we have this motherfucker who walked the earth.
a Senegalese military officer who served in Rwanda as a United Nations military observer from 1993 to 1994. During the Rwandan genocide, he undertook many missions on his own initiative to save the lives of civilians. Various estimates exist for the number of lives Diagne saved, ranging as high as over 1,000.
After graduating from the University of Dakar, he enrolled in the Senegalese Army’s École Nationale des Officiers d’Active. He completed his schooling the following year and eventually attained the rank of captain. He was given command of the 3rd Company of the 6th Infantry Battalion and fought in the Casamance conflict from 1989 to 1993.
Hutu extremists initiated the Rwandan genocide, targeting members of the Tutsi ethnic minority. They murdered moderate Hutu Prime Minister Agathe Uwilingiyimana, and Diagne rescued her children and secured them safe passage out of the country. He then undertook numerous missions on his own around Kigali in violation of the UN’s rules of engagement, hiding Tutsis in his car and evacuating them to UN installations. He also protected some Hutus and worked to safeguard the Senegalese expatriate community.
Because he had to pass through dozens of checkpoints manned by Interahamwe tasked with killing Tutsis and moderate Hutus, Diagne ferried at most five people on each trip,[10] often taking them to the Hôtel des Mille Collines or Amahoro Stadium, both under UN guard, for safety.[14][10] In order to get past the checkpoints, he relied on his extensive contacts among the military and militias, his ability to defuse tense situations with quick jokes, and occasional bribes of cigarettes, money and—though he was a devout Muslim—alcohol.
In one instance, he stood between an armed Hutu priest and a woman the priest was about to execute, shouting “Why are you killing this woman? You must not do this because if you do the whole world will know,” and eventually convincing the priest to let her live.
Gregory Alex, the head of the UN Humanitarian Assistance Team in Rwanda gave an explanation as to why Diagne was not rebuked: “Here’s someone who stepped out of line and [the general is] not going to discipline him because he’s doing the right thing.”[15] BBC journalist Mark Doyle befriended Diagne and knew of his actions, but omitted mention of him in his news dispatches because he feared that the Rwandan government would learn of his rescues and try to stop him.
That was such a wonderful thing to run into after reading over the history of Rwanda and the Hutu and Tutsi people. Guess even during war and genocidal times you can still look for the helpers.
I see we have a dirty tankie in our midst.
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Wait what?
President Paul Kagame of Rwanda declared war on Uganda?
/s
😒 , at least like put any effort forth if you’re going to steal a joke and make it shittier.
Lol, didn’t even click the links, I kinda assumed it was Russia-Ukraine and just googled “countries that start with R”
lol and I wonder why you had the idea and were inspired to play up the idea of “countries that start with R” after you just read two other comments doing the same thing.
https://www.youtube.com/watch?v=k1tsGGz-Qw0
This you? 😁
(But this just an internet comment, ain’t that deep, Mr. Peele 😉)
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It is not, Russia dont have tariffs they have sanctions… Dont be that guy
And the other countries that have sanctions but still got tariffs?
For what? If you cant trade why? Jizus fcking christ
“Following Trump’s Rose Garden announcement, a White House official told NOTUS’ Jasmine Wright that Russia is “not on this list because sanctions from the Ukraine war have already rendered trade between the two countries as zero.””
For what? If you cant trade why? Jizus fcking christ
That’s exactly what I’m asking you…
If the answer is “because sanctions” then explain why other countries that are sanctioned by the US still got hit with tariffs?
Russia is “not on this list because sanctions from the Ukraine war have already rendered trade between the two countries as zero.”"
And yet the US imported over $3B from Russia just last year. Which is to say, the white house lied (again).
What countries with sanctions? In 2024 the transactions between us and Russia went down 2,481.4 Million dollars relative to 2023 when the war already had began. 526M in exports and 3000M in imports, maybe this data tells you what you need to know
I don’t see how that is relevant to the question of, ‘if other sanctioned countries are being tariffed why is Russia not tariffed’ and ‘we still traded with tariffed countries including Russia so why is Russia treated different’.
I mean these questions are largely rhetorical, we know why. The fact that we buy less from Russia is first of all you moving the goal posts from assuming we didn’t trade with them, and second not related to why countries are tarrifed.
Still waiting on that answer…
Iran, Syria.
And what do you think “zero” means, exactly?
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Do you understand that sanctions applied are prohibitions? You and the other downvoters… Why would you apply tariffs if you cant sell or buy? Brains people!
This comment implies that you can buy and sell with an uninhabited island…
You’re not serious, right? This is a bit?
Well well well, we finally fell off the cliff, didn’t we?
Starting a trade war with the entire world, easy to win, right?
If the entire world reciprocates, which they will, you will literally wish you had just a recession to worry about. I wonder how Trump’s approval ratings will be about a month from now
Trump doesn’t care about approval ratings. He has a “golden parachute” waiting for him and his buddies in Russia after he destroys America.
From what I’ve seen so far, his “image”, so to speak, and what people think of him, is of enormous importance to him. He’s your basic narcissist who thinks he does great.
Same goes for Elmo who singlehandedly destroyed trillions of dollars in value by now and then still says he does great, that people love him and that he doesn’t understand why people would burn Tesla, why would they do this to him, such a great person who does awesome things for humanity?
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.
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.
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).
Been browsing the conservative subreddit this morning just to see what they all are thinking. There is a surprising number of “This is a terrible idea” comments but its also funny seeing a whole bunch of republicans who now suddenly like higher taxes, inflation and stock crashes.
In essence this policy primarily imposes taxes on businesses, severily reduced the wealth of the billionaires, properties this forum often applauds. Funny how suddenly it’s not liked.
US politics really is like picking a favourite sports team :D
Because we all know these good-natured corporations will bear the brunt of this in order to keep prices the same for US consumers.
Actually, aren’t you forgetting that Trump said the foreign countries will be the ones paying these tariffs? Take care not to step out of line with the regime.
No! Your football team bad, mine good!
Just reminding people this handy button exists!
Did it come up with random numbers, or did russian scientists device the percentages in hidden laboratories
Figured out where these fake tariff rates come from that Trump is claiming. 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.
So we have a $17.9 billion trade deficit with Indonesia. Its exports to us are $28 billion. $17.9/$28 = 64%, which Trump claims is the tariff rate Indonesia charges us. What extraordinary nonsense this is.
Copied from twitter from someone who’s suffering insomnia right now.
Figured out where these fake tariff rates come from that Trump is claiming. 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.
So we have a $17.9 billion trade deficit with Indonesia. Its exports to us are $28 billion. $17.9/$28 = 64%, which Trump claims is the tariff rate Indonesia charges us. What extraordinary nonsense this is.
https://www.reddit.com/r/Thailand/comments/1jq32od/new_import_tariff_to_usa/ml4328d
Source of these trade deficit numbers is in https://www.reddit.com/r/Thailand/s/TKZ68gLs6z
Thanks for pointing that out. If that is true, it is completely deranged.
