Trump puts tariffs on EU

[danmand]

Has Trump lost it or what? A trade war with the entire world, I including all allies.

PS: Does the many trade agreements not have rules against tariffs?

 

[Shaquille Oatmeal]

Only 10% tariff on China.
Can't afford for those MAGA hats to be too expensive. lmfao.

 

[kstanb]

yes, but 10% is on top of existing tariffs

 

[nottyboi]

yes, but 10% is on top of existing tariffs

Yes to hey already have 25% iplace

 

[kstanb]

Well he just mentioned tariffs to steel, aluminum, microchips, oil,
so there goes the argument of "this is about border security"

the end of globalism

 

[brian44]

It’s almost like he wants a WW3! Someone better stop him ASAP!

 

[jalimon]

Well he just mentioned tariffs to steel, aluminum, microchips, oil,
so there goes the argument of "this is about border security"

the end of globalism

Aluminum is for the uncultured like Trump. It's Aluminium.

 

[kstanb]

Aluminum is for the uncultured like Trump. It's Aluminium.

and for non-native speakers

 

[mandrill]

x.com

x.com

On top of 25% tariffs, Trump says he plans to abolish the income tax and replace it with a national consumption tax of 23%. This will be a massive tax hike on about 50% of the poorest filers.

 

[mandrill]

Well he just mentioned tariffs to steel, aluminum, microchips, oil,
so there goes the argument of "this is about border security"

the end of globalism

It's Project 2025. The abolition of taxes on the rich and all taxes shifted onto the poor and middle classes.

No more income tax. Just tariffs and sales tax. "Border security" is just the glib sales pitch to get the MAGA suckers to sign on for their own financial ruination.

Mitch, are you there, buddy?!?!?!

 

[Shaquille Oatmeal]

yes, but 10% is on top of existing tariffs

Even 100% tariffs will still not make it cost effective to manufacture in the US.

 

[Shaquille Oatmeal]

x.com

x.com

On top of 25% tariffs, Trump says he plans to abolish the income tax and replace it with a national consumption tax of 23%. This will be a massive tax hike on about 50% of the poorest filers.


View attachment 402044

I think I read that on Project 2025's agenda.
Massive cuts for rich people while sucking the poor dry.
Don't be surprised if there is a civil war in the US lol.

 

[mandrill]

I think I read that on Project 2025's agenda.
Massive cuts for rich people while sucking the poor dry.
Don't be surprised if there is a civil war in the US lol.

Just wait for these consumption taxes to really bite and there's going to be Luigi Mangione's coming out on every street.

 

[jalimon]

Just wait for these consumption taxes to really bite and there's going to be Luigi Mangione's coming out on every street.

That's what I think too.

Add to that the fact that common folks won't be able to have recreational sex and will all be renting their property from a few billionnaires companies like Blackrock and Vanguard... The average american will be fucked.