I really think he’s trying to tank the entire US (if not global) economy, so he and his rich buddies can buy up as much shit as they can and become even more wealthy.
He doesn’t have them by shit. There is no legal basis for his EO. They’re giving in because they’re cowards.
Holy crap, I thought Aaron Rupar was doing satire.
Plus a world where everything has tariffs on it by default is a world where everyone has to grovel to him personally for an exemption.
The orange slime’s “liberation day” stated method is to enact a tariff against every country roughly(?) equal to half their current “tariff” against U.S. imports.
According to his tote-board the means that they used to associate a single “tariff” amount with a specific “country” (including some uninhabited areas like the Heard and McDonald Islands) is simply to take the trade deficit the states have with that area and divide it (compute the percentage) by their current exports to the states: <trade_deficit>/<export_valuation>*100 → not any actual tariff of that area involved (m’gawd …the stupidity!)
What an utter dipshit. Jebus save us.
“President Trump just finished his tariff speech at the White House and we would characterize this slate of tariffs as ‘worse than the worst case scenario’ the Street was fearing,” said Dan Ives, senior analyst at Wedbush Securities, in a note.
Chat GPT write a list of ALL the territóries of the World and splash random numbers after each one of them.
War is not yet a racket, but it should be.
Apologies if I owe anyone a beverage: As expected, Russia is not on the tariff list.
Jesus wept.
In the chatbot output:
This method ignores the intricate dynamics of international trade…
Even the robots tried to warn him.