r/WallStreetbetsELITE 1d ago

MEME Those who trust in Trump right now are clowning themselves

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u/Dr-McLuvin 23h ago

The point where he suggests blanket tariffs on all countries and expects them to “negotiate.” This shit is not going to work.

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u/jasovanooo 23h ago

why negotiate... if we're all in the same boat then little has changed for us... its the US thats paying more for the same stuff

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u/AsstacularSpiderman 20h ago edited 20h ago

If he actually knew what he was doing he'd only go after a few nations at a time to ease the issues a trade war would cause.

I legit thought this idiot thought the entire world would fall apart without us and decided he could take on the entire world at once

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u/Aggressive-Kitchen18 20h ago

This the US can take on anyone but not everyone at once. Had it been done differently, sequentially, it would have worked far better.

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u/blacksaltriver 22h ago

And the us has said the tariffs are staying no matter what the other countries do.

This is about raising taxes on US citizens, the justification about them being reciprocal is a smokescreen.

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u/AsstacularSpiderman 20h ago

Congress might revolt if this keeps up. They couldn't even handle the Canadian tarrifs. Not a single state is going to be spared this ass blasting

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u/BitterAd4149 19h ago

republicans are completely brainwashed and will do as they are told.

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u/PausedForVolatility 21h ago

His tariffs are so well conceived they apply to Australia, which has no tariffs on American goods and imports twice as many goods as they export. Following TrumpLogic, they’re subsidizing the US.

And this manbaby still imposed tariffs on them because his argument is, and always has been, in bad faith.

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u/SlippedMyDisco76 9h ago

Then we have our own wannabe trump going "yes we should allow trump to do this and also sell off our resources to the US" while also criticising the current PM for his response

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u/magwai9 20h ago

Since we know the "reciprocal" tariff calculations aren't even based on the tariffs currently in place by other countries, what does this mean for countries who have no tariffs on the US? There's no tariff to reduce in order to cooperate, so they're basically forced to either pay some form of fealty or buy more from the US at inflated prices to reduce their trade deficit.

Like a group of thugs.

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u/Dr-McLuvin 20h ago

Ya the 10% on countries with whom we have a trade surplus like Australia is wild.

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u/93joecarter 19h ago

its not the countries doing the negotiating. Its the big Companies and lobbies going to pay him millions to grant them or their supply chain base waivers. Punishes those who don't bend the knee and rakes in money from those who do.

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u/Dr-McLuvin 19h ago

Why are the large companies getting killed just as much as the small ones though. Mag 7 is getting crushed.

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u/93joecarter 19h ago

Haven't paid the bill yet. Didn't know what the tariffs were going to be (the administration didn't even know) until the day of. Wait a few weeks.