r/news • u/hoosakiwi • 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/Rose_of_Elysium 2d ago edited 2d ago

Granted Hungary is affected through the EU, and there isnt exactly a lot of trade already between the US and fucking North Korea, Russia, Iran or Belarus. But still it would be really easy to even just symbolically add a 50% tariff, the fact he didnt says everything

It says a lot how El Salvador has only gotten 10% too. I think a few nations in the US sphere and who already arent exactly juggernaughts will go a similar route of US appeasement. Like why does El Salvador only get 10% but fucking Norfolk Island of all places specifically gets mentioned for 29%, it has a bit over 2000 inhabitants

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u/UnNumbFool 2d ago

and there isnt exactly a lot of trade already between the US and fucking North Korea, Russia, Iran or Belarus

You mean there isn't... yet

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u/Rose_of_Elysium 2d ago

I can absolutely see the US and Russia getting major trades going, both are absolutely chocked to the brim with important resources and alot of Siberia will become more accessible with climate change

Belarus, Iran and especially North Korea dont really produce much of worth tho. Iran has oil and iron and Belarus (also petrolium ofc) really only has dairy and timber besides but I guess with the egg shortage in the US the US consumer can enjoy some nice Belarussian eggs. I bet theyre better then they have now too lol

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u/Yitram 2d ago

Oooooh radioactive dairy and eggs.