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Among the reciprocal tariff levels Trump announced:

China: 34%

European Union: 20%

South Korea: 25%

India: 26%

Vietnam: 46%

Taiwan: 32%

Japan: 24%

Thailand: 36%

Switzerland: 31%

Indonesia: 32%

Malaysia: 24%

Cambodia: 49%

United Kingdom: 10%

Rest of the world: 10%

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[–] Buffalox@lemmy.world 220 points 3 months ago (4 children)

“our country has been looted, pillaged, raped, plundered”

by other nations selling their goods to us cheaply, and by them accepting our Dollars that cost us nothing to make for it!!

I don't think Trump understands the benefits and privileges for USA of having the top international reserve currency.
But maybe if he ruins it quick enough, he may find out?

Play stupid games and win stupid prices.

[–] RoundSparrow@lemm.ee 44 points 3 months ago* (last edited 3 months ago)

Play stupid games and win stupid prices.

He is playing Vlad Putin 8D Chess, not Donald Trump 1D Checkers. https://lemmy.world/post/27627662/16165977 This was all planned in 2013.

Introduction to the Kremlin media techniques of year 2014

  1. Peter Pomerantsev September 9, 2014: Russia and the Menace of Unreality. How Vladimir Putin is revolutionizing information warfare

  2. Adam Curtis, BBC, December 31, 2014: On The "Contradictory Vaudeville" Of Post-Modern Politics - "What this film is going to suggest is that that defeatist response has become a central part of a new system of political control. And to understand how this is happening, you have to look to Russia, to a man called Vladislav Surkov, who is a hero of our time. Surkov is one of President Putin's advisers, and has helped him maintain his power for 15 years, but he has done it in a very new way."

  3. Book reading from December 5, 2014 on the subject by Peter Pomerantsev

[–] barneypiccolo@lemm.ee 18 points 3 months ago

One of my main rules of life is that people are most suspicious of the behavior they are most likely to perform. Cheaters think they're being cheated on, thieves think everybody is stealing from them. If HitlerPig thinks everyone else is looting, pillaging, raping, and plundering, its because that what he does.

[–] Wanpieserino@lemm.ee 2 points 3 months ago

Buying from other economies does two things. One, you have access to their expertise/efficiency.

Not everyone will have invested in the same industry.

Will miss out on cheap labour. Cheap resources.

Don't be dumb though, selling us USD for our products isn't just "printing paper". We use those USD (mostly we sell the debt to china) to buy USA companies. It's capitalism after all.

[–] StopJoiningWars@discuss.online 1 points 3 months ago

...

I literally just corrected someone else about the opposite mistake.

"prizes"*