Trump threatens 100% tariffs on BRICS nations over US dollar replacement plans

[PakFactor]

People talk about corporate exploitation in the West but plenty of companies in other countries are also making obscene profits while paying little to their workers. These suppliers can reduce their profits and fight to become competitive.

I am not talking about the 104% tariff but the other 10-40% range tariffs.

@j_hungary, going to have to agree this was a pump and dump.

 

[Developereo]

View attachment 111692

@j_hungary, going to have to agree this was a pump and dump.

I bet Agent Orange is having orgasms seeing how a single word from him causes trillions of dollar impact in global markets.

 

[lightning f57]

View attachment 111692

@j_hungary, going to have to agree this was a pump and dump.

Pure corruption, ordinary Americans will pay as trumpy helps his cult members make money.

 

[PakFactor]

I bet Agent Orange is having orgasms seeing how a single word from him causes trillions of dollar impact in global markets.

It's honestly sickening, and I do feel these executive order powers need to be done with, because an imbecile in office can easily abuse them. The other concerning aspect is that each member in his cabinet is on the spectrum.

Pure corruption, ordinary Americans will pay as trumpy helps his cult members make money.

I feel that, too, but I think he's bitten more than he can chew with China.

 

[Yommie]

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[Yommie]

https://www.wsj.com/livecoverage/stock-market-trump-tariffs-trade-war-04-09-25

 

[Developereo]

It's honestly sickening, and I do feel these executive order powers need to be done with, because an imbecile in office can easily abuse them. The other concerning aspect is that each member in his cabinet is on the spectrum.

His tariffs have been challenged in court but markets don't wait out lengthy legal battles. They like to stay ahead of the curve. Buy the rumor, sell the news -- or vice versa as the case may be.

 

[Yommie]

His tariffs have been challenged in court but markets don't wait out lengthy legal battles. They like to stay ahead of the curve. Buy the rumor, sell the news -- or vice versa as the case may be.

Trump has his people in the SCOTUS. Any legal battle be shot down by SCOTUS.

 

[Developereo]

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Trump is saying that, for the most part, he is only applying reciprocal tariffs and charging countries what they charge to US imports. I don't know if this is true, and neither does the average voter, but it seems reasonable on the face of it.

 

[Yommie]

Trump is saying that, for the most part, he is only applying reciprocal tariffs and charging countries what they charge to US imports. I don't know if this is true, and neither does the average voter, but it seems reasonable on the face of it.

China has ginormous tariffs on auto imports since 1980s. The US is late to the game.

 

[lightning f57]

It's honestly sickening, and I do feel these executive order powers need to be done with, because an imbecile in office can easily abuse them. The other concerning aspect is that each member in his cabinet is on the spectrum.



I feel that, too, but I think he's bitten more than he can chew with China.

There is talk of US treasury bills being dumped by investors, the interest rate jumped to over 5% today. The Fed will likely need to intervene and buy them increasing inflation. Add the tarrifs which will push up prices in the US, your looking at carnage.

 

[hussain0216]

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Tells you everything you need to know about the U.S public at the moment

 

[j_hungary]

Worth watching is a recent video by the 'China Uncensored' guy Chris Chappell in his other channel 'America Uncensored'. Per him, the widespread tariffs are to force other countries to reduce trading with China.


Maybe you are right, though I need you to be wrong! Haha!

I don't know much about trade/commerce/finance but my 'hunch' says that what Trump is doing right now might work after short to medium term pain; but then people in America are so spoiled that even very short term pain will be politically too much and thus Trump reverses a chunk of the tariffs (but still targetting China, because the goal is to isolate China). And as long a there is no hot-war, let the best strategists win! @Hamartia Antidote

The only issue is, it does not work that way.

If the goal for Tariff is to contain China, then levying them on EU and Canada et el is a BIG (CAPITAL BIG) mistake, because this will basically force them toward China.

This is NEVER going to work the way Trump rolling out those tariff to begin with, Tariff is a policy to protect industry, but what industry is this Tariff policy is protecting? There are no industry in the US. That's the exact reason why we buy a lot of stuff overseas to begin with. You can't build an industrial base in a few years, it took Apple a decade to move just 10% of their manufacturing base out of China, and you are talking about moving them back to America, how much difference would you think moving it out of China and moving into Vietnam or India is going to be versus moving it out of China and then move them back in America.

As I explained before, this Tariff is not going to work because it is basically banking on company that got royally screwed in this (average 20% drop in price) to go back to US and Invest under Trump, I mean, are you kidding me? You literally just wipe me out of 20% of my company value and want me to spend more money to invest in the US? Thanks but no thanks. Even if they wanted to, where do they get the capital to do it?

On the other hand, looking at Canada and EU perspective, they aren't going to see US as a reliable partner anymore, they are going to invest at least try to distribute their investment in a structural kind of way, which mean they are actually going to divest against the US and invest more in third country, China included. If China do play this hand well, they can absorb 30-40% of the entire North American (bar US) + EU market + Asia Pacific market. I mean when the last time is to have the Prime Minister of Japan, President of South Korea and Premier of China to have a sit down and talk, this is going to profoundly change the trading dynamic and US is going to be left out because of this stupid tariff.

 

[Yommie]

Trump pauses tariffs for most nations, unclear if it affects Canada

U.S. President Donald Trump says he's pausing tariffs on most nations for 90 days — but it's not clear whether there will be any impact on Canada.

cheknews.ca

 

[Developereo]

Every time I see a post by Trump, I go back to being the little kid in English class listening to my English teacher. Completely random and gratuitous capitalization, all caps, and other grammar atrocities in every post.

The most powerful man on the planet, from an English speaking country, writes like he dropped out of middle school.

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