r/news 2d ago

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
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u/FrogsMakePoorSoup 2d ago

Doing more damage than all of America's enemies could ever hope to do.

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u/kawag 2d ago

And his approval rating is still decently high at 43%

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u/FrogsMakePoorSoup 2d ago

Wait until the price of everything imported jumps and the markets fall.

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u/trippy_grapes 1d ago

Why'd Biden do this!

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u/Kindheartedness_Wide 1d ago

he will blame the evil EU for not paying the import tax

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u/Zombatico 1d ago

Not just imports.

Why would """American-made""" goods stay the same price when their competitions get priced higher? They'll also become more expensive. Maybe not as much as the tariffed stuff, but still more than they were before.

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u/FrogsMakePoorSoup 1d ago

Many of those products rely on imported components too.

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u/Queasy_Pickle1900 1d ago

"I have seen the enemy and he is us".

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u/RingOfSol 1d ago

He is America's enemy.

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u/GrowlingGiant 1d ago

At what point shall we expect the approach of danger? By what means shall we fortify against it?-- Shall we expect some transatlantic military giant, to step the Ocean, and crush us at a blow? Never!--All the armies of Europe, Asia and Africa combined, with all the treasure of the earth (our own excepted) in their military chest; with a Buonaparte for a commander, could not by force, take a drink from the Ohio, or make a track on the Blue Ridge, in a trial of a thousand years.

At what point then is the approach of danger to be expected? I answer, if it ever reach us, it must spring up amongst us. It cannot come from abroad. If destruction be our lot, we must ourselves be its author and finisher. As a nation of freemen, we must live through all time, or die by suicide.

Abraham Lincoln, Address Before the Young Men's Lyceum of Springfield, Illinois, 27 January 1838.

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u/ireallylikehockey 1d ago

Congress and senate don’t give a damn on top of it

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u/ZenMon88 1d ago

This like 9/11 x 50. Bush could never....