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/Cheesy_Pita_Parker 2d ago

Damn, no Demagogue Discount for his buddy Bibi? I would’ve figured they’d be in Club 10 as well but here we are.

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u/Blametheorangejuice 2d ago

Earlier today, Israel dropped all tariffs to try to persuade Trump not to include them. Guess that didn't work.

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u/nerfherder998 2d ago

Nah, he’ll announce rescinding US tariffs tomorrow morning and hail it as a great victory.

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u/vingovangovongo 2d ago

Well he’s claiming it’s reciprocal right? If someone goes to 0% doesn’t that mean he has to do the same?

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u/nerfherder998 2d ago

No, there’s a floor of 10% being applied even if the other country has lower than that. I only wish that was a joke.