Trump threatens 50% tariffs on China as report suggests plans for arms shipment to Iran

I don't know if it's on everything, but the aluminum I buy at work has a 40% tariff on it now.

China didn't blink and calmly sipped tea when Trump threatened 250% tariffs last year. They're not going to get out of bed on 50%.

don't tell Trump about the idea of tariffs on tariffs!!!!

All china will do is cut rare earth exports and maybe blockade Taiwan, cutting semiconductor exports to the USA.

He's flailing so hard right now. Literally could have just come into office, kept competent people in the various leadership role and slept through the 4 years tbh. No, had to line his and his buddies pockets at everyone else's expense.

Currently you pay this. 25% from 2018 + 30% 2025 + derivatives taxes on certain metals 50% 2025 + possible 25% more from a week ago. Combined its a lot. Now he wants 50% thrown on top???? I don't think he knows what's in place.

They tried to increase tariffs on China early in the administration, but the Chinese pulled their rare earths, and they settled on a very low number.

We’re going to tariff harder this time!!! It would seem we’re heading toward the even greater depression folks. All countries need to do now is stop buying US Treasuries and lets us collapse on ourselves and its already happening. Foreign holders now own about 30% of publicly held U.S. debt, down from nearly 50% in the early 2010s. Several major economies, China, India, and Brazil, have been reducing their Treasury holdings, continuing a longer-term trend away from U.S. government debt. To attract buyers the yield must rise and that means higher borrowing costs across the board for Americans. Which all of this seems intentional and by design. I believe, and I’m not the only one, they want to collapse the dollar to a digital currency that they can turn on/off for citizens to silence opposition. Revelations Mark of the wild beast kind of stuff.

If you don’t stop hitting me, I’m going to start hitting myself.

Expensive unnecessary war

There's targeted tariffs, which congress approved. However, his tariffs that he keeps trying to impose were ruled illegal by the Supreme court.

Tariffs can go to infinity

Let's go TACO!!!

You don’t bite the hand that feeds you.

No dictators get hall passes

Absolutely not. Putin doesn't want that and that means everything to the Orange A******

Tariffs don't grow on trees, if we want to put 50% on china, we need to take them from somewhere else.

China has so much leverage over this clown that’s been proven every other time he’s tried this and it’s actually hilarious he thinks the US is ever capable of winning a trade war against them. Dumping US assets/debt to crash the market, permanently removing even more US farm products from their supply chains, full export blockade of rare earths to starve the US military and tech industries, etc. Meanwhile Trump can only respond with… let’s see… making products more expensive for Americans???

You know what tomorrow is! TACO Tuesday!!!

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I’m sure Xi and Putin watch his Presidency with pure glee. I’m not sure how MAGA doesn’t see it, but after every decision he makes just ask yourself “Would Putin be happy to hear this?” The answer is almost always yes.

No, we do. It's just unfortunate that one moron in charge, doesn't.

China: Oooookkkkaaaaayyyyy?!

Lmao, only red hats do not understand taxes imposed by their god

I’m tired of him too but unfortunately 20% of the voting population made it to adulthood instead of getting aborted so here we are

Feels like it’s time for the world to f*** over America? Can we put tariffs on them? Or sell all the bonds etc? Sick of this shit. I feel like the world economy was almost going in the right direction for a second before this trumpshitification happened.

Dear world - So are we. Most of us are sorry. Some of us are trying to fix it.

God its exhausting witnessing this shit every day.

They certainly did. I think the max he can do is 15% for a few months without going through congress, and that 15% on China has likely already been in place since he lost the supreme court case and reinstated tariffs based on a different emergency rule.

In his defense, his mind is so far gone that he probably forgot about the supreme court ruling already

And the time before that

Maybe that would accelerate the ai collapse. What’s mind bending to me, is that one manufacturer of the lithography machines used by tsmc is actually built in California. Wtf

He has fallen in every trap, steppen in every turd, yet his followers are still thinking they are winning.

Like he's actually going to listen to the courts 😂