Just when you think the idiocy couldn’t get worse.

Good luck America! It’s not a dust bowl this time. It’s an orange turd that’s gonna ruin you.

    • Allonzee@lemmy.world
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      4 days ago

      Which is exactly what China said when they stopped at 125% and said they’re done playing stupid chicken and we can knock ourselves out raising them to eleventy bazillion percent.

      The Chinese government has their own sins, behaving like petulant children isn’t one of them.

  • DaddleDew@lemmy.world
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    4 days ago

    China already said they wouldn’t raise tariffs anymore since they’re so high already it wouldn’t matter. That means the next step might be dumping US bonds now, which is a nuclear option.

    In response to that, Trump, who is incapable of thinking of anything else just does this moronic tariff raise.

  • evenglow@lemmy.world
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    4 days ago

    This week, China imposed more export controls on rare earths, which include materials used in high-tech products, aerospace manufacturing, and the defense sector.

    And then Trump,

    executive order signed by President Donald Trump that launched an investigation into the “national security risks posed by U.S. reliance on imported processed critical minerals and their derivative products.”

    “There is no winner in tariff wars and trade wars, and China does not want to fight, but it is by no means afraid to fight.”

  • Blue_Morpho@lemmy.world
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    4 days ago

    It’s not “China faces 245% tariff.”

    It is, “America faces 245% tax increase.”

    Tariffs aren’t paid by China. They are a tax on Americans.

  • NABDad@lemmy.world
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    4 days ago

    Why don’t they just ban imports from China? Then China can ban imports from the U.S. Then the trade imbalance “problem” will be solved.

  • inclementimmigrant@lemmy.world
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    4 days ago

    Trump’s and the Republicans are financial dumbasses and well American who voted for trump and didn’t vote because of reasons, well have the day you voted for you bunch of dicks.