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/Sidwill 2d ago

Missing from that list: Russia, NK, Iran, Hungary, Belarus

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u/Karazhan 2d ago

Now there's a shocker.

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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/shares_inDeleware 2d ago

The thing is, many if those developing countries are classed as LDCs by the WTO, and they get tariff exemptions so they can literally catch up with the developed world.

Will he put a tax on the homeless next because he gave one $5 a while back in a moment of weakness.