Trump trying to force us to buy chlorinated chicken for tariff relief.
Trump trying to force us to buy chlorinated chicken for tariff relief.
Isn't the whole chlorinated chicken an actual non-tariff barrier to trade largely invented to prevent US chicken being sold in the EU?
Don't get me wrong, I'm sure their mass produced meat is terrible, but is it worse than Dutch chicken pumped full of water or Danish pigs?
I've seen what some of you eat in the food thread. You'll survive eating Tyson chicken just fine. That's what my cats eat and they are going strong.
Yeah, it's not good for anybody (at least not applied like this), but once the dust settles it will be better for them than most.Originally Posted by Pepe
Maybe, but I'm not sure that 'everyone will go to shit but we will go to shit a bit less' is a great plan. I guess we'll have to wait and see.
I think the most questionable longer-term part is wrecking the economies of the countries near to China, Vietnam etc., that seems like a certain way to force them into throwing their lot in with Team Panda and wrecking their entire Pacific strategy.
I guess it might make everyone else decide that tariffs are stupid and drop all of theirs, just to screw the US if anything.
This is without doubt the most insane thing he's done since returning. The more I read about it the closer it looks to the old 1,2,3 meme as you're ever likely to see.
Unless those delicious Ukranian rare Earth minerals provide the US with almost all of the shit they need to build stuff that is.
"At this point".
What a ridiculous set of lazy cunts.
The world is fucked isn't it.
Spikey was right.
Vote for me in 2029 (or whenev's).
I like this as a theory, but Guernsey and Jersey seem to have swerved being singled out and they have .gg and .je domain names so I'm not sure. Are they not 'top level '?
No, a penguin inhabited island trumps your backwater floating trash heap.
You've got to admire the grift.Trump says his tariffs rollout is going "very well" and the economy is going to "boom", after US markets closed on Thursday with the biggest one-day loss since the pandemic hit in 2020
One of my UK customers designs stuff, gets it manufactured in China, gets it shipped back here and then distributes it to the US.
54% tariff.
Best bit is they cover the original tariff for their customers to make things easier...not anymore.
34% reciprocal reciprocal tariffs from China.
What does China buy from America?
Soybeans.
Presumably everyone just starts doing things via the black market soon. Tariff that, you giant orange fringe.One of my UK customers designs stuff, gets it manufactured in China, gets it shipped back here and then distributes it to the US.
54% tariff.
Best bit is they cover the original tariff for their customers to make things easier...not anymore.
https://tradingeconomics.com/china/i.../united-states
Industrial equipment and agriculture products largely it seems.
They're looking at loopholes i.e if they stick a BRITISH STICKER on it it's not technically been 100% manufactured in China...absolutely insane.
Really thought they'd have ripped that off by now...hmm.
Oil is absolutely cratering. OPEC increasing production will kill the US oil industry as well. Looking good for the Americans for sure.
It's just what Russia have been doing for 3+ years.
The economic impact of these tariffs really is pretty massive. Even for the US, which will probably now creep into stagflation territory which could involve falling interest rates (5 more quarter point drops now factored in this year, was only 3 pre-tariffs), slowing growth (possible recession), and pretty high inflation.
Although tbf, gonna be reciprocal recessions for everyone!
Also an indication that the market expects less economic activity.Oil is absolutely cratering. OPEC increasing production will kill the US oil industry as well. Looking good for the Americans for sure.
Boeing look to benefit massively from this.
That's an in flight image I think.
And Tesler.Boeing look to benefit massively from this.
Very good.
Nintendo have delayed the release of the Switch 2 in the US indefinitely until the tariff stuff gets sorted out haha
He's doubling down.
Either this is a masterstroke and literally everyone else is wrong or we're completely in the hands of capitalism doing its thing now.
What does "capitalism doing its thing" mean?
Tariffs are anti-capitalism, if anything. Most pro- capitalism people are into open markets.
Means Trump goes the same way Truss did.
Indeed and they won't be liking this shit, not one bit.
Warren Buffet is. And also if it's that bad why aren't they complaining? The elites know they can weather this and buy up everything when it all collapses. Wealth. Transfer.
How though? There's not really a similar mechanism to get rid of a president like there is with a PM.
There's a reason shares in these companies are worth what they are, the trousering of cheap foreign labour and materials. Take that out of the equation forever and there's no wealth to transfer.
And they are starting to complain, one of Trump's billionaire backers has done just that today.
Now that I do not know, but there must be something, surely?
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