BREAKING: Trump has just announced a 25% tariff (will increase to 50% next week) on all goods imported from Colombia in response to the Colombian government's refusal to accept two flights of deported immigrants.
This move is expected to lead to price hikes for American consumers on everyday essentials and commodities, including gasoline, coffee, flowers, precious stones and metals, trees, fruits, nuts, and crude petroleum. The economic impact of these tariffs could ripple through multiple industries, driving up costs for households across the country.
x.com
This is dumb as shit. First of all, it fucks the American consumer as badly as the exporting country.
Second, if Trump is going to announce immediate, massive tariffs on all countries that don't grovel and lick his balls, then all countries are simply going to resist. Because the alternative is being reduced to obsequious slavery to Trump's whims. If the choice is belly-grovelling and ass-licking whenever Trump snaps his fingers or banding together and toughing it out, then all countries will band together and tough it out.
At this point, there's not even the pretense of having a reasoned, trade-based economic reason for imposing tariffs. It's simply a way of Trump beating up other countries whenever he chooses.
Couple that with the moron's apparent belief that he can advantageously replace income tax with tariffs and it's clear that he will slap on massive tariffs whenever he feels like it. (Of course, his belief is foolish. He will fuck up his own economy, punish low income Americans unduly while benefiting rich Americans and tariffs will not financially suffice to replace income tax as a source of government financing.)
This move is expected to lead to price hikes for American consumers on everyday essentials and commodities, including gasoline, coffee, flowers, precious stones and metals, trees, fruits, nuts, and crude petroleum. The economic impact of these tariffs could ripple through multiple industries, driving up costs for households across the country.
x.com

This is dumb as shit. First of all, it fucks the American consumer as badly as the exporting country.
Second, if Trump is going to announce immediate, massive tariffs on all countries that don't grovel and lick his balls, then all countries are simply going to resist. Because the alternative is being reduced to obsequious slavery to Trump's whims. If the choice is belly-grovelling and ass-licking whenever Trump snaps his fingers or banding together and toughing it out, then all countries will band together and tough it out.
At this point, there's not even the pretense of having a reasoned, trade-based economic reason for imposing tariffs. It's simply a way of Trump beating up other countries whenever he chooses.
Couple that with the moron's apparent belief that he can advantageously replace income tax with tariffs and it's clear that he will slap on massive tariffs whenever he feels like it. (Of course, his belief is foolish. He will fuck up his own economy, punish low income Americans unduly while benefiting rich Americans and tariffs will not financially suffice to replace income tax as a source of government financing.)