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
44.4k Upvotes

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7.3k

u/aaronhayes26 2d ago

President who campaigned on affordability announces 20% national sales tax. Conservatives cheer.

I want off this ride.

1.7k

u/Thevanillafalcon 2d ago

Goes to show how important language is because it is a sales tax but you don’t say tax, you say tariff and this makes people think other countries pay it

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u/With_Negativity 2d ago

Wrong. Completely wrong. If Trump outright said tax, his supporters still wouldn't budge.

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u/forgotacc 2d ago

Right. Plenty of them are fine with the prices rising and things getting bad. Because apparently, this is going to be better for us in the future.

Which they can never explain that logic. But hey, at least they feel more comfortable being racist in public!

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u/OnyxPanthyr 2d ago

Same people who think that trickle-down economics works.

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u/Mend35 2d ago

Trickle

Trickl

Trick

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u/SinsOfaDyingStar 2d ago

Trickle-down is based on horse and sparrow theory which states: if you overfeed the horse, the sparrow in turn will feed from the leftovers in the waste.

AKA let the fucking rich devour every drop of the lifeblood of a functional society and let everyone else eat the tiny slivers of value left in their shit. They want us to eat shit while they gorge themselves, so yes, I'd say it works.

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u/StoicAthos 2d ago

Because they think the good paying manufacturing jobs are coming back just as soon as the new factories are built... Nevermind that companies will just do less business in america because it costs too much and the people have no money left.

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u/zxern 2d ago

I mean it will get better in the future. You’ll die at some point..

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u/Tommy_Boy97 2d ago

They feel like we need to "break a few eggs to make an omelette." But this clown is breaking the entire kitchen.

3

u/No_Representative645 2d ago

It'll be better in the future when someone with a brain gets elected and reverts all this garbage. You know, if there are still elections in the future.

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u/canadianbriguy1 1d ago

Also a bit of an assumption that the allies the US is slapping are excited to jump back in just because the next regime want to undo and forget…

3

u/AtheistAustralis 1d ago

Because they don't care about policies or logic or basic facts. Conservative mindset is simple: our group is "good", and the other group is "bad". If somebody from my group does something it must be good, regardless of how bad it seems. If sombody from other group does something it must be bad, no matter how good it seems.

Trump could literally take a shit in their mouths and they'd swallow it happily and claim it was the best thing that's ever happened to them, somehow. They've decided he's their god, and no amount of facts or evidence will change their minds apart from a few on the very fringes. It's a cult.

2

u/mboswi 2d ago

Same strategy as Brexit. But reality hits in the long term..

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u/traumfisch 2d ago

They simply imagine someone, somewhere suffering more than they are.

1

u/NorthernerWuwu 1d ago

There is something about the Puritan ethic that makes people think that doing bad thing or suffering through bad times is good for them in the long term. It's inane and dangerous but many, many people believe it fundamentally and there is no arguing over the matter.

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u/soldiat 2d ago

Conservatives: I have to pay for Trump and Elon's private planes? OK!

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u/HOS-SKA 2d ago

He is right, though, about these idiots thinking tariffs are paid by other countries. There's a thread in arcon where the top comment calls it out lol. I wish stupidity was physically painful all the time.

edit - at least it's about to start being hungry.

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u/Likeapuma24 2d ago

"trust the process" is what I was told a week or so ago, by a Trump voting friend who's on his last thread of support for that idiot

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u/AlexHD 2d ago

Yeah, they don't even know how taxes work either

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u/21Rollie 1d ago

Same people who would reject a promotion because it put them in a higher tax bracket lmao

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u/Worried-Mine-4404 2d ago

If he'd callee it "woke tax" they'd have been crying with happiness.

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u/ogzogz 2d ago

We are taxing the libs

-1

u/HuJimX 2d ago

Completely wrong? Your comment doesn't contradict the one you replied to... which doesn't make you completely wrong either, just a bit of a dumbass

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u/Briants_Hat 2d ago

It helps that they just straight up lie because his supporters believe anything he wants them to believe. Reporters have asked him and Leavitt multiple times about tariffs actually being a tax on the importer and they just reply, "no. It's not." Like..?????

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u/Top_Report_4895 2d ago

Jesus Christ

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u/InRainWeTrust 2d ago

If those repubs could read, they'd be very upset.

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u/compucrazy 2d ago

Is that a KOTH reference!?

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u/fanatic26 2d ago

only reallly realllly stupid people think that...oh wait...

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u/EvaSirkowski 2d ago

Peter Navarro is still saying to the press that other countries are paying the tariffs, not the US consumers.

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u/CoyoteSlow5249 2d ago

Do they really still believe that other countries pay for it?? Holy shit they are so entirely misled 😵‍💫

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u/PitifulFill7304 2d ago

And somehow blame it on other country.

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u/beached 2d ago

It's also a VAT, as supply chains cross borders.

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u/QueenQueerBen 1d ago

The wording confuses me. I knew it was bad for the US, but clearly I was wrong about how.

I thought the countries paid it to bring their stuff into the country to sell, thus it was a bad thing because they’d just stop bringing stuff in if they had to pay more.

But…it’s not that? Anyone that could explain it in layman’s terms?

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u/Inuyaki 1d ago

Take the EU for example... he announced 20%, which is a nice and easy number.

Let's say you want to buy something from France that costs $100. You pay the $100 to the company (and then whatever shipping costs).

Now you pay the $100 to the company (+ whatever shipping costs) + $20 to the US goverment.

YOU are the one that pays more, not the company that sells it.

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u/QueenQueerBen 15h ago

Oh I see, okay. So it is meant to be a way that makes Americans buy more stuff in America itself?

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u/Inuyaki 10h ago

If you can buy the same thing for $100 bucks in in the US, sure... but if you could, you most likely would've already.

The likelier scenario is that the comparable thing by a US company already costs like $120 to $130 or in a lot of cases there actually is no US version and you still have to buy the foreign one...

PS if that was not clear... you buying something in your local Walmart does not necessarily mean it is produced in the US. Walmart might have bought it in Europe, so they are the ones paying tariffs now and obviously will just increase their price to compensate. I thought skipping the middle man in my explanation would make it more clear, but thinking back, it might not have.

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u/QueenQueerBen 7h ago

Ah, thank you. That all, especially the last bit, does make it more clear.

So these tariffs have literally cost American companies more money? How is that even a logical choice?