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Donny, buddy, you can take your oil and you can take your gas and you can stick it where the sun don't shine. Also, it sounds like no one has told you that the EU is not a country. Dumbass.
Context/explanation: (at least that's how i explain it to myself)
It's about pride. Trump doesn't like that the "greatest of all countries" US is threatening to have an (even larger) export deficit with china in the future, so he wants to put up tariffs to slow down international trade; this way the deficit becomes a bit smaller he hopes.
And while we're already at it, let's extend these tariffs to europe, just for good measure, or so
Uninviting the entire class from your birthday party
Good, let’s make it mutual, including internet services
Removing USA from my travel list
I thought they were already considered to be in the list for tariffs.
Probably influenced by the enormous amount of money oil barons spent on him, of which they almost certainly did with an expectation of return on investment.
His desire to "Drill baby drill!" and relax restrictions on oil drilling—including drilling into a wilderness reserve previously uninterrupted by man—and his apparent distaste for EVs and green energy, makes it pretty obvious whose hand has firmly lodged itself right up his arsehole.
The man needs oil to sell to please his owners, and belligerently trying to force the EU to increase their purchases is just another one of his hare-brained schemes.
He seems to think that a trade deficit means that the US is losing money. That's obviously as incorrect as the idea that tariffs are paid by the country they are enacted on, rather than the country that is enacting them, but if he really does believe both of those things, his behavior makes some sense.
Don't they risk oversupply and pushing the price down if they start up even more drilling?
That's why he's trying to force an increase in demand
Just throw U.S. on that list while you're at it why not
I can’t wait until he learns a new word.
Sir, yourope? That's spelled EUROPE. OK all good? Let me know if you need anything else! Oh diaper change? Already? OK I'll call Jason and Bobby and Fred they know how to do it. They are the bigliest experts.
he's just going full Oprah with these things isn't he?
did someone tell him it's a game like duck duck goose?
tariff. tariff. tariff. tariff. tariff. tariff.
Donald, you can't give everyone tariffs!
I wish media would call the what they are. Taxes. Trump wants to tax the American people. He is pro taxes, he wants more and more and more of them. But he wants to make sure they hit the lower and middle class, so he gives tax breaks to the rich, and then passes the cost down.
Great. In the end, Europe and China are even closer... Voting for idiots has consequences.
I hate how this race to the bottom makes China look better and better each year. Fucking China! Good job assholes! The US is getting dangerously close to becoming just as bad... Well, except for the about to be fucking poor like Russia part.
"Did you just said we have to build more solar power and fuck you?"
hope everyone enjoys argentina style 200% inflation
That's what he wants, he's all about the bitcoin and his own versions of it.
That's unfortunately not gonna happen since the US has the world reserve currency but it looks like he's doing his best to change that
The times when John Connally could tell European diplomats "The dollar is our currency, but your problem" are already nearly gone. The world's currency reserves are currently at 59% US dollars, down from the year 2000's 73%.
Sadly cannot expect it to change bit it would really be funny if the reserve currency changed to something else like the € for example.
We can expect it to change actually. We've known for decades that we're entering another multi polar era. One of the biggest criticisms of GOP presidents since Reagan is their cavalier attitude to this fact. They keep trying to strong arm other countries like there's no alternatives and every time they do that they generate political will to move away from the US in other countries.
Yeah, euro is a good candidate, inflation target is 2% and is pretty stable and widely accepted. The Mercosur deal might tip the scales pretty heavily towards the euro since Latin America uses mostly USD for international transactions.
The BRICS currency would also be a strong candidate if that ever happens.
OK. The rest of the world can forget the US for the next 4 years. We'll see you guys in 2029 if there's anything left.
Isn't the US leading the world in AI? How else will the world access chatbots that make confidently make shit up?
Isn't the US leading the world in AI?
Yes and no... You just don't hear about the Chinese ones as much but there's some that are up there with openai and Google, and there's a very real concern that Trump's policies will allow/encourage the global adoption of Chinese ai like Alibaba and Tencent's ones. There was a whole report recently about the potential effect a popular Chinese ai would have due to it being able to manipulate facts and history, and people just not questioning it
Like we did before: We talk with Etonians.
Hahahaha that's golden
Yeah just aim Ai at climate change and solve it for everybody, thanks.
Oh, that isn't an option? Guess we're still fucked, then.
They even made one a president!
"Hello America this is John Henry Eden"
He has found an efficient way to damage every economy and the planet at the same time.
Interestingly enough, his tariffs are slowly expanding to cover everyone that Putin/Russia considers an enemy, and his original plan for major tariffs on China are conveniently no longer mentioned. I'm sure there's absolutely zero correlation of course.
Any tariffs contribute to inflation, but tariffs on China will do this to the greatest visible degree possible. It's why he backed down on that.
If we had anymore evidence for Trump's sphincter hugging Putin's wrist it would be lost in the mountains of that which already exists.
It's like looking for a needle in a needlestack.
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@ America, if you want us to invade and establish a real democracy, just call us...
Best regards, The Germans
Those in glass houses shouldn’t be throwing bricks labeled AfD lol
SOS
The Germans, circa '40 FTFY
Interesting he's had the idea to force the world to become less dependent on trade with the US
Kinda thought of all things he wouldn't want to risk reducing the value of the dollar like that
Edit: won't this also make the prospect of moving more global businesses abroad more appealing?
I'd say "dew it"!
Let's see if your top-secret-paperwork dumpsite mar-a-lago can pay for it's flowers and Gouda cheese selections.... And how long 'till it will serve domestic boxed Florida Swamp wine and "bubbles" since Italy or France won't ship anymore.
In his mind it's a trade deficit that the EU refuses to buy the US' chlorine drowned chickens, or make their own coca cola without corn syrup...
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Can someone just declare war on us already and end your suffering
Texas is really close everytime someone tries to give minorities their rights back.
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this post was submitted on 20 Dec 2024
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