for someone who’s obsessed with fairness, how dare the US buy more than they buy from US, deficit, unfair, everything should be even, USA buys 1M they buy 1M, except taxes and billionaires, poor people can pay taxes, billionaires don’t even need to pay taxes let alone the same taxes, that’s fair?
What Economist, former Governor of the Bank of Canada AND the Bank of England, plus the current Prime Minister of Canada, Mark Carney said about these tariffs
I DON'T GET THE SENSE that the Putin/Trump/Vance/Musk GOP lawless Corporate Fascists care much for math, economics, truth, facts, logic, reason, nor for what's best for America, our people and our world. NO, Putin/Trump's goal clearly is to DESTROY the USA- all trade/NATO allies & economy DECIMATED!
When will we have the opportunity to invest in an NFT of Don Shitzinpants stylishly clad in a toga draped over bulging muscles whilst happily playing a fiddle with Rome burning in the background?
Did anyone really believe there was real economics at work in Trump's shriveled brain, or that he even came up with these numbers on his own? The guy who bankrupted 3 casinos couldn't find his fat ass with both tiny hands. This is Project 2025 and Heritage foundation shit.
My uncle & aunt sold their "snowbird" condo in Florida:
not going to be figerprinted to stay in US.
They're not planning to go to US ever again.
Tourism industry will take a hit.
How is it that the US had the best economy, envied worldwide, while everyone was abusing it?
Obviously, it's a lie. So what's the purpose of tariffs?
It's a tax increase for all Americans to:
The reasons need more than 300 characters, but I think we know them... benefits for billionaires.
Well. This is a man who thinks the word "groceries" is astounding. He has NEVER walked the aisles of a STORE! HE HAS ALWAYS HAD SERVANTS WHO PURCHASED, CARRIED, UNLOADED, STORED, AND PREPARED EVERYTHING HE HAS EVER NEEDED!
E●VER
Voodoo economics or this? Catherine Austin Fitts said Trump does what bankers tell him to do. She talks about the US black budget, the missing $21 trillion, the breakaway civilization and what Musk's DOGE is really doing to try to finish implementing the control grid. https://youtu.be/KdBN5lBPHfI
Also just ludicrous to assume a smaller nation, with less resources should have a balanced trade sheet with us....they really just can't produce as much
They don’t need as much, 50 people eat more than 4……he doesn’t want to understand or he pretends not to because his plan is just to destroy the US from within, project 25 is moving along, if he can just get rid of all those nasty poor non white people, America will be beautiful, project 25
This right here is the reason they are eliminating the Dept of Education and always attack higher ed (even though they all went to Ivy's or very close equivalents ). Because the stupider their voters are the easier it is to bullshit them ... endlessly.
He is taking the US$100 out of the global economy as the standard unit. The instability, means another some other currency (Yuan maybe);
goal to knock US to third world level of influence
He f'd us for Putin!
He f'd the world for Putin!!
He f'd the US for Oligarchs!!!
Drumpf’s math is as bad as his policies. Dividing our trade deficit by a country’s exports & calling it a ‘tariff rate’? That’s like saying I’m charging my neighbor rent because they borrowed a lawnmower. It’s nonsense dressed up as a trade strategy. Do better, Orange turd. 💩
Maybe the US should stop buying stuff? It's like someone with too much credit card debt. Using Canada as an example, just stop buying oil, gas, electricity and potash. Of course you might be sitting in the dark but that should be something you're willing to do for your orange king, right?
I'm still working on the consumerism point myself. I moved last year and I solidly purged. It ended up being a combination of left too much, brought too much. Still working on it. Glad that it sounds like you're doing better.
I have designed a poster for the upcoming HANDS OFF! protests on Saturday, April 5th. If anyone wants a printable file of it, please message me : ) Find out more about the protests here: https://www.mobilize.us/handsoff/
What… what…. What a f&cking retard, republicans backed. I WILL NEVER FORGIVE THEM… NEVER !!!! 🤬 . Ladies and Gentleman, I have a nomination for “ post of the night “ !!! Bravo, salute you sir 👏🏼👏🏽👏🏻👏🏾👍🏾 ( Informative/ Educational/ ECONOMICALLY INF&CKINGSANE + No love whatsoever for republicans category )
Still not a word from all the american busyness persons that was screwed, fooled, even raped when they made, according to trump, their idiotic deals with other countries.. Do trump actually think's he's surrounded by just idiots in his country? Seems so...
Yes and the White House and Trump’s administration is run by people with IQ’s well south of 100. Some read at a 6th grade level which is the average MAGA level of reading comprehension. I kid you not.
54% of American adults read at at or below a 6th grade level. The Trump admin has a lot of candidates to choose from who meet the “read below a 6th grade level” requirement for employment. Otherwise there might be some level of resistance
Yeah, it's the Darwin Awards win for global economics. Unfortunately, the feebleminded fascist fuckwit is literally dragging everyone else down with his "genius" plan. I would be 100% onboard if he was doing something self afflicting like farting into a flame and catching his diaper on fire.
No,the UK had a £12Bn trade deficit with the US - what we sell you in goods you more than make up in services - tariff rate 10%
And apparently Trump thinks VAT(charged on almost all goods and services sold in the UK) is a 'tariff on the USA' it's our version of a Sales Tax - he's a complete idiot
No. A reciprocal tariff on 0%, should be 0%. Australia has/had a free trade agreement with the US. We've never put any tarrifs on US imports. We still got a 10%.
Australian farmers would much rather have tariffs and find other markets, than risk the health and lives of their livestock (and that of our unique native flora and fauna). These US tariffs won't change a single thing 🤷♀️
We import more from the US, than that we export. There's basically a surplus. Trump is just pissed that Australia won't allow the import of fresh beef, pork, and poultry. We don't allow from ANY country, not just the US. We've avoided dangerous diseases in life stock, and want to keep it that way.
Yes. It's the same logic as "We may be in NATO together but we might not defend you if needed." And then "How dare you produce your own weapons!!! You're supposed to buy from us!!!"
No please please no. Do not tell me he's that stupid and arrogant. I mean I know he's a fucking idiot but even for him this would be a new level.
Just when I thought he couldn't shock me any longer he does this. I don't know how much further below zero my expectations can get.
Explain WHY they’re doing it! Obviously Elon & Peter Thiel want this as part of their plans for the future…. so what are they thinking? Why is this useful to them and the future they’ve planned for themselves/America/World?
If 43% support this president then they have to feel a pain otherwise they will never understand! I am fed up of these attacks on Europeans! There is a surplus of services towards EU so then we have to retaliate here
Peeps in the USA are hankering for nostalgia days. They're forgetting the high taxes on high-dollar earners and the democratic socialism that accompanied those days. That is what gave us "bulletproof" household goods.
It's stupid, but the Fox News Nation will lap it up and believe every word of it. These people are fools and they're being led down a path by a bunch of idiots
Yep,
Bush Treasury Secretary to Bush 2001, "Mr. President, the banks are deeply concerned we are paying off the debt too fast".
Thus, the Bush tax cuts.
They can shut every government agency, it won't put a dent in the republican debt.
The American car industry only survived because it was essentially hermetically sealed. Once foreign cars became easily available in the US, everyone wanted to buy them simply because they were better.
Sssshhh! You can't say that! American cars are the best! And Champagne! And cheese! Everything in the US is bigger and better! US beef is stronger than European! US chickens are stronger than Canadian! Don't let me start on US pigs...those are the most beatiful and smart pigs and Chinese are envious
...but fortunately the trump supporters are unaware of history and therefore think this will work.
I remember the US trying to stop the flow of SONY video recorders to support their own market, and failing dismally as consumers would pay even more for a SONY.
The problem is that there's a kernel of truth in what Trump goes on about - the globalisation that neoliberalism has brought about HAS destroyed jobs, neoliberalism HAS failed. The trouble is that America retreating to the 1950s isn't the solution.
No, globalisation hasn't failed, unless you're stuck in the past and think the goal for citizens is working in dirty steel mills and factories to compete with the giants in china, which many politicians think is the ideal
What has failed is the TRANSITION, something happening since the jenny
I am a trustee for a special needs trust set up by my mother to provide funds for my nephew...nothing big, but it's had reasonable growth in the 12 years since her death...it has lost more than $8k since yesterday...
I’m going to explain this in MAGA language.
The US has just picked up the ball and said he’s not playing and gone indoors. The other kids eventually find another ball and carrying on playing outside.
US will look out the window at the other kids and wonder why they don’t need him to play anymore.
He doesn't understand how tariffs work and he apparently thinks trade deficits and budget deficits are the same thing, like he thinks that asylum applicants come from mental asylums... And something like 75 million of us voted for him to be POTUS. SMDH.
Holy shit! When the dems get power back they better stick it to this rat bastard this time. It means is they charge them tariffs based on the differential percentage of the trade deficit. A trade deficit is not a debt. My god we are being ruled by total morons! I hope we survive to crucify Trump.
The Dems need to unhook themselves from the big-ticket donors who don't actually want the status quo to change. The Dems also need to get rid of everyone in their leadership unable to understand social media and start assembling platforms that build up the country; "We aren't the GOP" fails.
Have Republican voters been programmed to be masochists?? Maybe we've all be culturally primed to self destruct imitating the rich at their feet for oligarchs entertainment?
How can anybody with a high school diploma and a little bit of common sense think that these tariffs make any sense? Last Trump administration had lots of issues with his appointees—some resigned and were fired. I wonder when this house of cards will fall.
Even that math doesn't add up. Heard and MacDonald Islands don't have people or any industry other than fishing yet he tarrifs electronics and machinery. Also no buildings either
So, if a country grows or produces a lot of products we want but cannot or do now want to produce for ourselves we’re going to hit those countries with even higher tariffs? That is totally asinine.
Definitely a new type of voodoo economics. I wish people would stop referring to this first column in his stupid charts as other countries tariffs... bc it's not,
A Jr. coder looked at a table and divided a few columns by another to come up with magic, meaningless numbers for tariffs as well as including a chain of Antarctica islands because that was on the table, too.
The objective is not for it to be fair or make sense. The objective is to destroy the 🇺🇸government, reduce the 🇺🇸 population and destroy the 🇺🇸 economy.
Looks like Master Putin will be pleased with #KrasnovTrump ‘s performance at his next review.
This literally is the entire explanation. The techno bros and their network state are ready to fill the void, but certainly can’t believe their luck that they’re fantasy will quite possibly come true
So a lot of folks that end up in DC are highly educated (like @booker.senate.gov), going all the way back to AP & college classes in high school. But apparently some in DC are kids from low math class who aren't even smart enough to surround themselves with smart people to do their math. 🤦🏼♀️
thankyou - I was looking at that board and for the life of me I couldn't figure it out. so he's basing it on trade deficit - well that's nice - Aussies have a trade deficit with the US - but we still got 10%
the maga republicans are dumb and they do not care. They intend on destroying the whole country. With the economy in shambles there will be no taxes. No taxes means no military. No military means the republicans will be exposed to the people. The republicans will end themselves and their party.
Yes, who think the USA is Christian magic. Well, pride goes before destruction and a haughty spirit before a fall. I hope more and more churches are at Heritage's door shouting "You said God wants WHAT?!?"
The #MAGACult reiterate that he's a successful businessman........if true more than half of our voters suck at business and should tear up any degree they might hold.
So, an AI generated ... a skewed percentage for each "country" in the entire world on the list (minus a choice very few) - wait. Even an AI would realize there's absolutely zero between the US and, say, Heard Island (penguins, seals, no humans, no exports or imports, no economy at all) - 🤔
34 is a conservative. His poor math skills are to be expected. Who else thinks lower taxes on the wealthy stimulates the economy? That has been a fallacy forever
But .... we knew this was coming. I knew it was coming. This helps Russia. This crushes the US. We fucking knew it was coming and I can't fucking understand why there was not that sense of urgency all along to avoid, I don't know, our complete ruin. Trump wants us at N. Korea level poverty.
It’s lies that his morons lap up like idiots. They still can’t stop “owning the Libs so hard” and whining about masks and the vaccine like it’s 2022. Pretty sure half of them are just bots that have been running the same program for three or four years.
Comments
https://www.cpac.ca/scrums/episode/pm-mark-carney-comments-after-us-unveils-global-tariffs--april-2-2025?id=246cb094-c8e7-4dd4-9f9a-aeeb76f900bd
Well it’s one way to get Americans to stop spending money …
The one guy that could do the math appears not to have been invited to the tariff party.
It’s just Trump’s revenge on the world and he doesn’t really care if his fig leaf of justification is believed or not.
The incompetence is just a facade.
Keeping everyone that collects a paycheck poor and desperate directly benefits the Republican elite.
US exports to Canada = $349B
Canada exports to US = $413B
Population Canada = 40M
Population US = 340M
Canada pays $/person in US goods = $8725
US pays $/person in CDN goods = $1214
US-Canada trade favours US, considering population size.
No "US trade deficit". CQFD
Trade deficit per capita offers a fresh perspective.
Btw Canadian snow birds are disinvesting from Florida. It seems home listings are at least double right now.
Floridas economy is heavily dependent on the real estate market. It’s going to get more interesting 🧐
not going to be figerprinted to stay in US.
They're not planning to go to US ever again.
Tourism industry will take a hit.
My sincere apologies.
Obviously, it's a lie. So what's the purpose of tariffs?
It's a tax increase for all Americans to:
The reasons need more than 300 characters, but I think we know them... benefits for billionaires.
E●VER
https://youtu.be/KdBN5lBPHfI
Dont fall for it.
Fake left go Reich justifications.
Also
He is taking the US$100 out of the global economy as the standard unit. The instability, means another some other currency (Yuan maybe);
goal to knock US to third world level of influence
He f'd us for Putin!
He f'd the world for Putin!!
He f'd the US for Oligarchs!!!
No way he could solve a complex, multi-step "story-problem"...
The stupidity is mind boggling
I wonder who that would help?
All trade surpluses.
Canada too if you remove all the OIL. BTW, Canada subsidizes the oil to you.
Not cool, bros.
They lied
Stop calling things concerning or nonsense in this case
It’s LIES
😆
I’m not a math-person…but this is from the WSJ
And apparently Trump thinks VAT(charged on almost all goods and services sold in the UK) is a 'tariff on the USA' it's our version of a Sales Tax - he's a complete idiot
Just when I thought he couldn't shock me any longer he does this. I don't know how much further below zero my expectations can get.
My point is that there isn’t really any making sense of it. Kinda like the election. Perhaps we shouldn’t try to do so.
https://open.substack.com/pub/noelkeith/p/theres-no-sense-in-the-nonsensical?r=4c7psw&utm_medium=ios
But I think it's still worth debunking the irrational blurts they put forward as explanations.
Someone plugged in a minimum value if the calculated result was zero.
I assume the reasoning was to keep Antarctica from becoming a tax-free back door to America.
Which sounds illegal if it’s done at an interstate rest area
If they wanted to close that deficit, they would push incentives (like tax benefits) for buying American made products.
Obama would have been lynched for that.
Bush Treasury Secretary to Bush 2001, "Mr. President, the banks are deeply concerned we are paying off the debt too fast".
Thus, the Bush tax cuts.
They can shut every government agency, it won't put a dent in the republican debt.
The democrats should be pointing out how the deregulation is killing kids of every color in the U.S.
So its 10%.
I remember the US trying to stop the flow of SONY video recorders to support their own market, and failing dismally as consumers would pay even more for a SONY.
...and this isn't about jobs anyway
What has failed is the TRANSITION, something happening since the jenny
But thankfully, 10 mins before close it’s…oh…wait…
I’d say it’s batshit crazy.
Albert Einstein
Ya don't say.
F'ing dotard.
The US has just picked up the ball and said he’s not playing and gone indoors. The other kids eventually find another ball and carrying on playing outside.
US will look out the window at the other kids and wonder why they don’t need him to play anymore.
https://bsky.app/profile/scottlincicome.bsky.social/post/3llums5npkx2v
SCOTUS claims POTUS is immune from violating the law.
Understood?
We are under attack!
Well, actually, I'm not that surprised.
Here's the skinny-tariffs will raise prices for US and cost jobs. That's it-don't need a chart.
Logic even harder.
#idiocracy
https://cointelegraph.com/news/trump-tariff-rate-formula-replicated-chatgpt-observers-claim
Honestly, I don’t know if the USA can survive 4 years (IF he leaves voluntarily) of this absolute mediocrity and incompetence.
Worst part, the low/middle class will be devastated including unaware and misinformed MAGA followers that voted for this.
Looks like Master Putin will be pleased with #KrasnovTrump ‘s performance at his next review.
What do the penguins sell to the USA?
👇👇👇
... Australia laughing Here 😅🦘💙
Donny dumbo doing what he does best. SNAFU!
Worth noting on this side of the pond.
Tr🐷mp.