How to make your allies walk away, friends despise you and neutral seek to create or join blocs specifically to oppose you? Trumpism!
"Trump implements sweeping tariffs ranging from 10% to 49% on foreign countries"
theguardian.com/us-news/live/2…
But overall, most of all you just shot every resident of USA in the foot.
You dolt.
MAGA: Making Animosity Globally Ascend
MAGA: Misguided Actions Generate Adversaries
b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •After USA spent about a century coercing the current "free trade", to push its less desired jobs abroad with outsourcing, etc leading to dismantling of labor rights and protections worldwide, through its enforcement and wreckers like WTO, IMF, etc but also actual wars and coups worldwide, to get situations like NAFTA where USA's corporations and similar get the profits while the neighbors provide the labor, the Banana Wars (en.m.wikipedia.org/wiki/Banana…), Pinochet, the Operation Gladio coups, etc, etc, all to force the globalization which devastates workers in especially but not only Southeast Asia with sweatshops and environmental devastation only have the output shipped worldwide for even more environmental impact, all to maximize profits for USA corporations like Nike, Coka Cola, Kraft, etc,
BUT, this isn't like a common gradual push to restore buying local for union rights, the environment a... show more
After USA spent about a century coercing the current "free trade", to push its less desired jobs abroad with outsourcing, etc leading to dismantling of labor rights and protections worldwide, through its enforcement and wreckers like WTO, IMF, etc but also actual wars and coups worldwide, to get situations like NAFTA where USA's corporations and similar get the profits while the neighbors provide the labor, the Banana Wars (en.m.wikipedia.org/wiki/Banana…), Pinochet, the Operation Gladio coups, etc, etc, all to force the globalization which devastates workers in especially but not only Southeast Asia with sweatshops and environmental devastation only have the output shipped worldwide for even more environmental impact, all to maximize profits for USA corporations like Nike, Coka Cola, Kraft, etc,
BUT, this isn't like a common gradual push to restore buying local for union rights, the environment and so on, but is instead shock treatment, bullying and aggression, presented with aid of presumably intentional lies (Singapore's tariffs are AFAIK 0 instead of 10 and EU's around 1 instead of 39).
There is NO time table to build prepared capacity in USA to produce what's now rariffed, so will just shock boost domestic stagflation.
Actions involving the United States in Central America and the Caribbean
Contributors to Wikimedia projects (Wikimedia Foundation, Inc.)b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •I made a bit of list for you poor folks in USA likely to be hit by Trump's tariffs,
what I would personally prioritize getting in approximate order of necessity when economy dries up or prices gallop away:
rice (both whole grain/brown for fiber and nutrition while also white for ease of use and price)
... show moredried/canned beans and similar (red/green lentils, kidney)
salt (essential for body)
cooking oil (canola)
canned tomatoes (base for many soups/sauces)
pasta (spaghetti, etc, preferably whole grain)
rolled oats (quick food with low own sugar)
low complexity sugar like dried fruits (raisins, date paste, dried apricots), plain sugar or honey
spices (peppers, dried granulated/powdered garlic, etc by taste, for morale)
nut butters (peanut, cashew, etc, quick high energy and protein)
canned/pickled veggies (choose by price and taste, for variety)
flours (if you plan on baking: also dried yeast)
coffee/tea (sometimes a pick-me-up is needed)
soaps (liquid, as generic as possible to enable same being used for body, floors, dishes, laundry)
mu
I made a bit of list for you poor folks in USA likely to be hit by Trump's tariffs,
what I would personally prioritize getting in approximate order of necessity when economy dries up or prices gallop away:
rice (both whole grain/brown for fiber and nutrition while also white for ease of use and price)
dried/canned beans and similar (red/green lentils, kidney)
salt (essential for body)
cooking oil (canola)
canned tomatoes (base for many soups/sauces)
pasta (spaghetti, etc, preferably whole grain)
rolled oats (quick food with low own sugar)
low complexity sugar like dried fruits (raisins, date paste, dried apricots), plain sugar or honey
spices (peppers, dried granulated/powdered garlic, etc by taste, for morale)
nut butters (peanut, cashew, etc, quick high energy and protein)
canned/pickled veggies (choose by price and taste, for variety)
flours (if you plan on baking: also dried yeast)
coffee/tea (sometimes a pick-me-up is needed)
soaps (liquid, as generic as possible to enable same being used for body, floors, dishes, laundry)
multivitamins (to attempt compensating for potential lack of fresh veggies and variety) with in particular B12
I am NOT a doctor.
I have, however, gone 6 months on no income, then 6 again just after and had other similar experiences, sooo… I'm sharing my experience.
b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •As economists and journalists I've seen so far have been just unable to find any real basis for Trump's claimed external tariffs being "responded to", mostly describing them with terms like "magic" or "apparently unfounded", here is the first person professionally within the relevant fields I've seen who claims to have a solid explanation for how the numbers were made, either astonishingly incompetently or more likely plain deceptively, from James Surowiecki (en.wikipedia.org/wiki/James_Su…).
White House Deputy Press Secretary Kush Desai claims that "No we literally calculated tariffs and non tariff barriers", while in its claims Trump-administration has reclassified EU's VAT (value-added tax) as a non-tariff barrier while that is just not true, VAT isn't a trade barrier but instead an evolved form of what in USA is "sales tax" mess which isn't mentioned in the other direction by Trump and representatives.
The exception seems to be when a place has no/very low
... show moreAs economists and journalists I've seen so far have been just unable to find any real basis for Trump's claimed external tariffs being "responded to", mostly describing them with terms like "magic" or "apparently unfounded", here is the first person professionally within the relevant fields I've seen who claims to have a solid explanation for how the numbers were made, either astonishingly incompetently or more likely plain deceptively, from James Surowiecki (en.wikipedia.org/wiki/James_Su…).
White House Deputy Press Secretary Kush Desai claims that "No we literally calculated tariffs and non tariff barriers", while in its claims Trump-administration has reclassified EU's VAT (value-added tax) as a non-tariff barrier while that is just not true, VAT isn't a trade barrier but instead an evolved form of what in USA is "sales tax" mess which isn't mentioned in the other direction by Trump and representatives.
The exception seems to be when a place has no/very low trade with USA, so their crazy calculation can't be reasonably applied, they just declare 10% anyway, like e.g. Heard Island and McDonald Islands with population total of 0,
except for Russia which isn't included and they claim it's because Russia is sanctioned so trade is low, but that didn't stop them from putting other places on the list.
American journalist
Contributors to Wikimedia projects (Wikimedia Foundation, Inc.)b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •It reminds me of the "Great Leap Forward" which leaped the people into the "Great Chinese Famine" and it reminds me of the first five-year plan of the "Soviet" Union imposed by Stalin resulting in the Soviet famine which included the Holodomor and similar devastation elsewhere.
b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •theguardian.com/us-news/2025/a…
Trump’s ‘idiotic’ and flawed tariff calculations stun economists
Richard Partington (The Guardian)b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •900 car manufacturer employees in USA "temporarily laid off" due to Trump's tariffs bullshit against the immediate neighbors.
reuters.com/business/autos-tra…
Sooo, guess those workers will just have to "temporarily" stop paying rant and eating then?
Guessing there are lots of and will be even more of such mass-layoff cases soon, because MAGA.
b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •─────
“I think it’s going very well,” Trump, asked about the market reaction [to Trump's trade war tariffs], told reporters.
“You’ve never seen anything like it. The markets are going to boom. The stock is going to boom. The country is going to boom.”
Akayla Gardner
White House Reporter
─────
bloomberg.com/news/live-blog/2…
Suuure, "buddy".
Meanwhile, in the really real world...
"Here is the latest chart of the S&P500 as of 2pm ET on Thursday:" (theguardian.com/us-news/live/2…)
Trump tariffs live: US markets see worst day in five years as president claims ‘stock is going to boom’ – as it happened
Tom Ambrose (The Guardian)b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •Again, import tariffs are not "paid by other countries", they are added to the thing's cost at the border, so unless some corporation decides to be nice and give of their profit margin (hah!) that means the tariff is aimed at the domestic populace and WILL disproportionately impact the low income people for whom the price increase will be a larger proportion of their meager income for things they can't just "deprioritize", like basic foods, while the opulent can just decide to buy a yacht fewer that year.
Long term, some production may move to surrender to Trump's aggression (horrible idea, considering Trump's instability) but for important stuff like food, time it would take to mass-establish new farms at required quantity is definitely more than one season (often = year) I'd say and in some cases some products just actually can not be produced in USA so in such cases the economic inflation was just drastically increased because Trump has more experience of bankruptcies than understanding of tariffs.
Local production IS good, environmentally, income equality, labor ri
... show moreAgain, import tariffs are not "paid by other countries", they are added to the thing's cost at the border, so unless some corporation decides to be nice and give of their profit margin (hah!) that means the tariff is aimed at the domestic populace and WILL disproportionately impact the low income people for whom the price increase will be a larger proportion of their meager income for things they can't just "deprioritize", like basic foods, while the opulent can just decide to buy a yacht fewer that year.
Long term, some production may move to surrender to Trump's aggression (horrible idea, considering Trump's instability) but for important stuff like food, time it would take to mass-establish new farms at required quantity is definitely more than one season (often = year) I'd say and in some cases some products just actually can not be produced in USA so in such cases the economic inflation was just drastically increased because Trump has more experience of bankruptcies than understanding of tariffs.
Local production IS good, environmentally, income equality, labor rights, etc, but it CAN NOT be implemented at immediate whim of a decree. It is just not even theoretically possible, even if everyone in the entire world wanted it, which due to Trump's rhetoric is absolutely not the case now.
b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •─────
Global markets in turmoil as Trump tariffs wipe $2tn off Wall Street
[...]
Drawing comparisons with the market crashes at the height of the coronavirus pandemic and the 2008 financial collapse, the sell-off swept the globe [...].
When New York trading opened, the S&P 500 index of the US’s leading companies fell by as much as 4.3% in morning trading, with the tech-heavy Nasdaq fund down 5.1%.
[...] Trump said: “I think it’s going very well. It was an operation like when a patient gets operated on and it’s a big thing. I said this would be exactly the way it is … We’ve never seen anything like it. The markets are going to boom. The stock is going to boom. The country is going to boom.”
─────
theguardian.com/business/2025/…
Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street
Richard Partington (The Guardian)b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •Trump yesterday: "The markets are going to boom. The stock is going to boom."
The market today: "Trump tariffs wipe $5 trillion off Wall Street"
reuters.com/markets/global-mar…
"Dow plunges 2,200 points, Nasdaq enters bear market as Trump tariffs spark worst meltdown since 2020"
finance.yahoo.com/news/live/st…
Tesla -10.45%
Amazon -4.16%
Microsoft -3.57%
nVidia -7.76%
Intel -11.5%
Palantir -11.47%
Amazon -4.15%
Apple -6.75%
Google -2.24&
Meta -4.26%
Netflix -6.48%
AstraZeneca -7.39%
BlackRock -7.33%
Et cetera, et cetera...
Several of those I've been boycotting for over a decade.
Wheee! 😀
Yahooist Teil der Yahoo Markenfamilie
finance.yahoo.comb9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •Trump's tariffshit keeps keeping the markets "boom" going. 😆
"Elon Musk lost $11bn the day after Donald Trump's tariffs [...]
world's 500 richest people lost a combined $208bn [...]"
news.sky.com/video/musk-zucker…
Forbes World's Real-time Billionaires [...] Losers
(changes since 5pm EST of prior trading day)
Elon Musk -$15.7B | -4.15% | Tesla, SpaceX
Larry Ellison -$10.8B | -6.24% | Oracle
Warren Buffett -$10.7B | -6.50% | market gambling
Mark Zuckerberg -$9.2B | -4.99% | Facebook, Instagram
Jeff Bezos -$6.7B | -3.44% | Amazon
Jensen Huang -$6.4B | -7.22% | nVidia
Larry Page -$3.9B | -3.07% | Google
Rob Walton & family -$3.8B | -3.60% | Walmart
Jim Walton & family -$3.8B | -3.63% | Walmart
Alice Walton -$3,7 B | -3.83% | Walmart
Thomas Peterffy -$3.7B | -7.56% | market gambling
Sergey Brin -$3.6B | -3.00% | Google
Bernard Arnault & family -$3.6B | -2.28% | opulence brands (France)
Bill Gates -$3.5B | -3.24% | Microsoft
😁👍
Musk, Zuckerberg and Bezos: How are the richest men impacted by Trump’s tariffs?
Sky Newsb9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •"The Market" is terrified of fallout of Trump's tariffshit.
The "VIX" index, commonly called the "fear index", near record level today.
theguardian.com/business/blog/…
Seeing analysts use words like "extreme panic", "bloodbath", etc.
"Stocks tumbled, taking the three-day wipeout in global equity value to about $9.5 trillion."
theguardian.com/business/blog/…
"the Hong Kong Hang Seng [...] 13% one-day slump was the largest since 1997"
reuters.com/markets/global-mar…
Donald Trump says he is not looking at pausing tariffs as US markets close after rocky day – as it happened
Graeme Wearden (The Guardian)b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •I feel like a lot of people have misunderstood who is the initial and most harmed target of Trump's tariffshit.
It is not other countries. Other countries don't "pay tariffs" when it's USA's import tariffs.
It is only indirectly, secondarily corporations and they can move to avoid being targeted (absolutely shouldn't, because Trump is unreliable and if you give in to extortion...) or shift their focus domestically or at least outside USA.
That discourse focus is on this aspect is likely due to Trump's presentation as such but primarily because major news agencies, especially Reuters after being bought, has higher focus on finance-market news than on other news because finance-market organizations and gamblers pay more for news.
The initial and most impacted are instead the regular people in USA and the poorer the more impacted.
... show moreThe tariffs are added to a product's cost at the border, so unless some corporation feels like decreasing their profit ≥10%, then the cost for the people inside USA will increase.
Most people can't just move to where they're not hit
I feel like a lot of people have misunderstood who is the initial and most harmed target of Trump's tariffshit.
It is not other countries. Other countries don't "pay tariffs" when it's USA's import tariffs.
It is only indirectly, secondarily corporations and they can move to avoid being targeted (absolutely shouldn't, because Trump is unreliable and if you give in to extortion...) or shift their focus domestically or at least outside USA.
That discourse focus is on this aspect is likely due to Trump's presentation as such but primarily because major news agencies, especially Reuters after being bought, has higher focus on finance-market news than on other news because finance-market organizations and gamblers pay more for news.
The initial and most impacted are instead the regular people in USA and the poorer the more impacted.
The tariffs are added to a product's cost at the border, so unless some corporation feels like decreasing their profit ≥10%, then the cost for the people inside USA will increase.
Most people can't just move to where they're not hit and can't just "focus" on elsewhere as corporations can.
The less income a person has, the more of their income goes to mandatory things like food, which they can't just deprioritize because much of it just isn't grown in USA so gets hit.
b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •therefore it is actual journalistic misconduct to NOT insert a notice in every report involving those claims, at first mention, that they are incorrect and a lie to the people in USA and the world.
Doing otherwise is false information deliberately and covertly spread in order to influence public opinion and obscure the truth, the ac... show more
therefore it is actual journalistic misconduct to NOT insert a notice in every report involving those claims, at first mention, that they are incorrect and a lie to the people in USA and the world.
Doing otherwise is false information deliberately and covertly spread in order to influence public opinion and obscure the truth, the actual (Merriam-Webster) definition of disinformation.
A journalist doing known disinformation is not a journalist, but either a propagandist or disqualifyingly incompetent and should not be allowed to continue as journalist.
b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •en.wikipedia.org/wiki/National… and refuse renewing already held "national debt" of USA.
cumulative face value of all outstanding U.S. Treasury securities
Contributors to Wikimedia projects (Wikimedia Foundation, Inc.)b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •Remember when the WTO, which traditionally has been USA's enforcer to impose "free trade" beneficial to USA to the detriment of everyone else pretty much worldwide, when they in 2007 shocked the world by ruling for the little guy instead of for the abusive bully?
... show moreWhen they ruled that because USA had violated Antigua's free trade rights, therefore Antigua got the right to retaliate by ignoring "intellectual property" (allowed to "pirate" music, movies, software, etc) from USA at a total of up to $21 million a year (if not, here wto.org/english/tratop_e/dispu… reuters.com/article/technology… ya go)?
Well, Antigua apparently didn't what they were allowed to but instead wanted to just get
Remember when the WTO, which traditionally has been USA's enforcer to impose "free trade" beneficial to USA to the detriment of everyone else pretty much worldwide, when they in 2007 shocked the world by ruling for the little guy instead of for the abusive bully?
When they ruled that because USA had violated Antigua's free trade rights, therefore Antigua got the right to retaliate by ignoring "intellectual property" (allowed to "pirate" music, movies, software, etc) from USA at a total of up to $21 million a year (if not, here wto.org/english/tratop_e/dispu… reuters.com/article/technology… ya go)?
Well, Antigua apparently didn't what they were allowed to but instead wanted to just get reuters.com/article/us-usa-ant… paid, so USA just didn't pay, because bullying, but that's beside the point.
The point being... Hmm, wonder if something similar could be done related to Trump's current tariffshit?
I bet that if a whole bunch of ignoring the "intellectual property" of USA corporations would be actually made legal, for like $billions annually, in say for example all of the EU, then some very influential corporations and their bribery, uhmm, I mean lobbyists, would probably stop backing Trump's dragging USA down the drain of authoritarianism.
That would be interesting.
WTO | dispute settlement - the disputes - DS285
www.wto.orgb9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •A new (17h ago) very in depth video looking at Trump's tariffshit as it affects specifically computers-related stuff, including actual margin/tariff numbers from actual manufacturers, very open interviews with several large to small companies, etc for a total of three hours:
youtube.com/watch?v=1W_mSOS1Qt…
Basically what I had already written in this thread, plus the primary point of what I had already written todon.eu/@b9AcE/11344991068614… here,
so that's a shorter summary if you prefer that.
The same as is described by them within that sector also applies to probably all other sectors, just with different percentages but with the same core issue.
b9AcE (@b9AcE@todon.eu)
Todon.eub9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •A sidenote: The word "tariffshit" is intentional, newly compounded by me and intentionally ambiguous.
Depending on how you feel about it you can break it down as the first part being either "tariffs" or it can be "tariff", with the second part as a consequence being two quite different words, which you can see yourself...
As far as I can tell through several search engines it may have been used as such maybe 3 times elsewhere online by others excluding typos and variants disambiguified and therefore not making my point.
I just wanted to clarify that it's not a typo on my part, but an intentional statement. I don't do tyops.
b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •Because I had missed it, here for a more depressing-comedy-based coverage of Trump's tariffshit is the latest empisode of Last Week Tonight with John Oliver:
youtube.com/watch?v=5zQ0WewZY5…
The system they are describing as "decades and decades old" and similar has been imposed by primarily USA since 80 years, increasingly latest 60 years and very aggressively latest 30 years, specifically to force others to become producers lower paid producers with less labor, etc rights for the purpose through that exploitation generating more profits for USA-based multinational corporations while keeping on enabling the disproportionately luxurious median standard of living for people in USA but also enabling the further crushing of labor rights in USA and further impoverishment of the working class in USA,
... show morewhich is why anarchists and other leftists militantly opposed the globalization with e.g. huge protests against WTO in Seattle 1999 (successfully
Because I had missed it, here for a more depressing-comedy-based coverage of Trump's tariffshit is the latest empisode of Last Week Tonight with John Oliver:
youtube.com/watch?v=5zQ0WewZY5…
The system they are describing as "decades and decades old" and similar has been imposed by primarily USA since 80 years, increasingly latest 60 years and very aggressively latest 30 years, specifically to force others to become producers lower paid producers with less labor, etc rights for the purpose through that exploitation generating more profits for USA-based multinational corporations while keeping on enabling the disproportionately luxurious median standard of living for people in USA but also enabling the further crushing of labor rights in USA and further impoverishment of the working class in USA,
which is why anarchists and other leftists militantly opposed the globalization with e.g. huge protests against WTO in Seattle 1999 (successfully en.wikipedia.org/wiki/1999_Sea…) and so very many others (e.g. en.wikipedia.org/wiki/Template…).
That globalization is still killing us, but a reversal even at collective global consensus full speed would take years instead of Trump's demanded hours to months and Trump's isn't intended to end globalization but will worsen exploitation of most impoverished, both at home and abroad.
November 1999 riots during the WTO Ministerial Conference in Seattle, Washington, USA
Contributors to Wikimedia projects (Wikimedia Foundation, Inc.)b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •We warned in the late 80s, peaking in the 90s, through the 00s but forced to prioritize more immediate disasters from the mid-10s, that the globalization which USA and marauders like Thatcher forced on the whole world was intended to let Capital and Capitalists move freely, to let corporations leverage the worse labor rights, environmental protections, authoritarianism, &c against the productive classes in both the "developed world" and the "developing" through moving production from the former to where wages were lower, unionizing persecuted, devastation ignored, with only the absolute top tier econo-political elite long-term winners as those kept collecting the profits regardless who was exploited, "the 1%", while the poor practically are prevented from the same, amplifying injustices.
We were obviously correct, as is plain to see now through the huge increasing gap between opulent few and everyone else, climate change, wars, cold war, lethal borders for poor while exceptions and private jets for rich.
Now they do the same pro-corporate, pro-elite leveraging of f
... show moreWe warned in the late 80s, peaking in the 90s, through the 00s but forced to prioritize more immediate disasters from the mid-10s, that the globalization which USA and marauders like Thatcher forced on the whole world was intended to let Capital and Capitalists move freely, to let corporations leverage the worse labor rights, environmental protections, authoritarianism, &c against the productive classes in both the "developed world" and the "developing" through moving production from the former to where wages were lower, unionizing persecuted, devastation ignored, with only the absolute top tier econo-political elite long-term winners as those kept collecting the profits regardless who was exploited, "the 1%", while the poor practically are prevented from the same, amplifying injustices.
We were obviously correct, as is plain to see now through the huge increasing gap between opulent few and everyone else, climate change, wars, cold war, lethal borders for poor while exceptions and private jets for rich.
Now they do the same pro-corporate, pro-elite leveraging of forced disastrously rapid change in other direction, combined with automation and "AI", leaving all except the extreme elite devastated again.
You should have listened.
Freedom for the people, not for exploitation against us all.
kami_kadse reshared this.
b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •This is important.
As you have probably seen, yesterday the firmly reactionary and authoritarian, right-wing Ursula von der Leyen capitulated EU's economy to Trump's tariff extortion aggression, but most reporting only covers the tariffs themselves (highest in 70 years excepting Trump's initial assault) but neglect the absolutely devastating part that EU agreed to obligate itself to import habitat devastating fuels like fossil gas/oil for a value of $250 billion a year for three years!
As this reuters.com/business/energy/eu… economic analysis article shows, that is not just a habitat devastating increase, but "delusional [...] completely unrealistic and unachievable".
Then on top of that "a bilateral tariff exemption for [...] aircraft, EU chief Ursula von der Leyen said"
... show moreThis is important.
As you have probably seen, yesterday the firmly reactionary and authoritarian, right-wing Ursula von der Leyen capitulated EU's economy to Trump's tariff extortion aggression, but most reporting only covers the tariffs themselves (highest in 70 years excepting Trump's initial assault) but neglect the absolutely devastating part that EU agreed to obligate itself to import habitat devastating fuels like fossil gas/oil for a value of $250 billion a year for three years!
As this reuters.com/business/energy/eu… economic analysis article shows, that is not just a habitat devastating increase, but "delusional [...] completely unrealistic and unachievable".
Then on top of that "a bilateral tariff exemption for [...] aircraft, EU chief Ursula von der Leyen said" lbcgroup.tv/news/world-news/86… which exempts the most polluting form of transport.
Then also, also, there is included an obligation to buy more weapons from USA, while demilitarization and deescalation is the only path to return to peace.
This rewarding of economic terror has now shown Trump that extortion pays, so WILL directly cause severe instability at the whims of the "very stable genius",
instead of standing firm until Trump has to give up.
This also threw all smaller countries, unable to resist as EU can, under the Trump train.
EU, US agree zero-for-zero tariffs on goods including aircraft: EU chief
LBCIcognitively accessible math
in reply to b9AcE is anti-fascist • • •b9AcE is anti-fascist
in reply to cognitively accessible math • • •@geonz Considering the huge negative impact to climate change, all of ours' survival, while just this year thousands have died of the heat and wildfires during consistent record conditions, it should be the top item when reporting on that capitulation agreement.
Also, the absurd requirement that EU corporations MUST invest $600 billion in Trump's economy certainly seems very neglected.
This is like a personal gifting of EU's economy from von der Leyen to Trump, probably for the purpose of boosting Trump's political capital.
b9AcE is anti-fascist reshared this.
AsozialesNetzwerk Sektion Köln
in reply to b9AcE is anti-fascist • • •b9AcE is anti-fascist
in reply to AsozialesNetzwerk Sektion Köln • • •If they would have begun then, we would be done probably a few years ago, fully independent, with dispersed infrastructure vastly better at handling disasters and wars.
AsozialesNetzwerk Sektion Köln
in reply to b9AcE is anti-fascist • • •b9AcE is anti-fascist
in reply to AsozialesNetzwerk Sektion Köln • • •It will be devastating.
b9AcE is anti-fascist
in reply to b9AcE is anti-fascist • • •Remember that those primarily impacted by Trump's tariffs aren't actually other countries or "foreign" corporations, but the people in USA.
Corporations generally if able to will just raise the prices to maintain their percent-based profit margins, or otherwise just cease selling to people in USA so those goods or services must instead be imported by a third party at even higher prices to accommodate for that corporation's operating costs and profit.
I have seen it consistently reported that the vulture supermarket chains like Walmart for example keep maintaining their percentage-based profit margins, which means MORE dollars per sale with the increased cost of the item after the import tariff has been added.
Trump's primary trade war victim is the people in USA,
... show morewhich is also why if the countries Trump claims to aim at will just refuse to submit for long enough and are large enough, as the EU, absolutely certainly will force Trump's failure, huge protests and possible removal from office due to the unconstitutional acts of changing tariffs (which by USA's consti
Remember that those primarily impacted by Trump's tariffs aren't actually other countries or "foreign" corporations, but the people in USA.
Corporations generally if able to will just raise the prices to maintain their percent-based profit margins, or otherwise just cease selling to people in USA so those goods or services must instead be imported by a third party at even higher prices to accommodate for that corporation's operating costs and profit.
I have seen it consistently reported that the vulture supermarket chains like Walmart for example keep maintaining their percentage-based profit margins, which means MORE dollars per sale with the increased cost of the item after the import tariff has been added.
Trump's primary trade war victim is the people in USA,
which is also why if the countries Trump claims to aim at will just refuse to submit for long enough and are large enough, as the EU, absolutely certainly will force Trump's failure, huge protests and possible removal from office due to the unconstitutional acts of changing tariffs (which by USA's constitution only Congress has the right to change, but Trump anyway does though a completely ridiculous fraudulent "emergency", only one of many unconstitutional acts so far).