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The White House said the higher tariff is as a result of Chinese retaliation.
Archived version: https://archive.is/20250416092702/https://www.newsweek.com/china-245-trump-tariff-2060295
Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.
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A million bajillion percent.
Muwahahaha!!
Indeed. It’s at the point the exact number is irrelevant.
Infinity percent No backsies runs away
Me first! Smoke bomb!
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You beat me to it by a mile.
It’s fun to watch just how incredibly fucked America is becoming on the global scale.
It’s being led down a path of isolation by a Nazi syphilis infected rapist who acts like a toddler at nap time throwing a temper tantrum because he wasn’t able to get the juice box he wanted.
“fun” like the pejorative “fun”, right?
It’s just such an asinine way to go down.
It fucks lots of people around the globe. I don’t see any fun this.
the US going down is objectively a good thing for most of the people on the world.
I mean, if the fuckwits had to win at least nobody’s going to have any fun.
ChinaUS consumersOnly for goods that the US almost exclusively sourcing from China. So quite a lot of them.
While things like textiles and simple plastics could probably be on-shored to the US in relatively short time, many more advanced products will cost a lot more.
But the tariffs seem much smaller than China deciding to stop selling refined rare earths and products from them to the US and US allies such as the EU. That is going to make the US bleed big time.
Yeah, what’s with the EU getting hit with stray bullets? They are not imposing crazy tariffs on Chinese goods, apart from EV cars which are heavily subsidized by the Chinese government
I’m Dutch. If China would keep on selling this stuff to us, I guarantee you someone from my country will find a way to sell it to the US. Something called “Dutch east India Company mentality”.
Will probably see further movements from the PRC to sell off US treasury bonds and shifting more away from the dollar in general, along with tighter export restrictions on rare Earth. China already said they won’t keep increasing tariffs, but they seem dedicated to not backing down, and they have the Material means to actually resist US trade aggression.
What would be incredibly based is if the PRC starts paying off loans in Africa with its dollars, decoupling the Global South from the US even further. Gets rid of dollars and debt in the Global South, potentially freeing up new customers for goods produced in China and strengthening ties.
I think they’ll most likely give out loans in USD and get repayment in Yuan. Eventually becoming the globally traded currency
Would be another strategy for sure.
He found a bigger number somewhere?
He’ll find another. I bet 420%
nah, elon’s holding that one with a death grip
Title should be “Americans face 245% Trump tariff on China”
The US is only 4% of the world’s population. We may have more US dollars than anywhere else, but 96% of the world is still a sizable potential market.
4% of the world population with 90% of the world wealth though…
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We can only hope
I feel like I may owe the accelerationists an apology if this causes dedollarization.
Just checked wikipedia and it says 30%.
I think they’re confusing wealth in general with dollars specifically.
I guess foreign oligarchs skew the calculation to other areas maybe? I wonder what the distribution is with a max cut off of 100 million dollars
Remove the oligarchs from that calculation.
According to the IMF, the US has 15% of the world PPP GDP, versus China’s 20%.
This headline is bullshit. The correct headline would be “Americans now face 245% Trump tariff on Chinese goods”. No need to spread misinformation about how tariffs work.
This is so far beyond stupid that it’s wrapped around, overshot smart, and plunged into stupid again.
Gonna need more than eight bits soon.
Welp when the debt defaults and everyone stops using American dollars or hold their gold here, then better hope we don’t all become forced to use crypto like El Salvador (which is probably the blueprint plan).
Maybe it is the plan…
I shouldn’t be laughing but…
Next stop: trade embargo
Nah, its not over 9000 yet.
We could call it the BFT 9000.
China should just one up him in a way that doesn’t let him one up them: complete embargo
“Oh yeah? Complete embargo PLUS ONE!!”
245% embargo. If you dare try to export things to the US, you’re getting 245% of it back.
The bad part being that the stuff over 100% will be poorly-made American knockoffs.
A post 6 hours old. I give a 50% chance, that the number is outdated.
