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Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar (apnews.com)

submitted 1 year ago by TheKetchupSong@lemmings.world to c/world@quokk.au

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His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.

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[-] I_Miss_Daniel@lemmy.world 1 points 1 year ago

I'm not so sure.

It's free money for the government isn't it? If he's all about greed or grift, then isn't it the more the merrier?

Disclaimer: I'm not from USA, I'm watching from the other side of the world.

[-] DragonTypeWyvern@midwest.social 3 points 1 year ago

Raising the income tax to 100% might also give you a brief surge of revenue before people start starving and then burning things.

this post was submitted on 30 Nov 2024

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