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submitted 1 week ago* (last edited 1 week ago) by zaxvenz@lemm.ee to c/world@lemmy.world
  • China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
  • The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
  • U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.

https://archive.ph/ZmcZJ

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[-] Buffalox@lemmy.world 213 points 1 week ago

With USA committing political and economic suicide, the road is now clear for China to become the world dominating power.
I just hope they will take a graceful approach to their role, when nobody is in a position to oppose them.

[-] ms_lane@lemmy.world 132 points 1 week ago

Xi got China to #1 world superpower 24 years early!

Without a war.

Congratulations China.

[-] homesweethomeMrL@lemmy.world 33 points 1 week ago

Props to Pooty-poot for the assist

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[-] angrystego@lemmy.world 19 points 1 week ago

Xi? You misspelled Trump. Congratulations to China anyway.

[-] jumjummy@lemmy.world 45 points 1 week ago

Not a chance. China’s massive xenophobic approach to anyone non-Han Chinese will severely limit their potential.

Point out all the racism in various Western countries, and it pales in comparison to what goes on in China.

[-] Buffalox@lemmy.world 11 points 1 week ago

Their potential is already proven. Xenophobe or not.

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Point out all the racism in various Western countries, and it pales in comparison to what goes on in China.

Only applies to "Liberal" cities. A conservative town in the US could potentially be worse than a Tier 1 City in China.

[-] zephyreks@lemmy.ca 10 points 1 week ago

Better to be a Black guy in China than a Black guy in the US.

Depends...

I would say: Blue Jurisdiction in the US > Tier 1 City in China (Beijing, Guangzhou, Shenzhen, Shanghai) > Red Jurisdiction in the US.

But then you also have to factor in the reach of the government. You can't criticize the Central Government of China, likewise, nowadays, you cannot criticize the Federal Government of the US. (Also, don't have tattoos, authoritarians hate it)

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[-] Joncash2@lemmy.ml 23 points 1 week ago* (last edited 1 week ago)

Good news, or bad news depending on how self reliant your government is. China is doing exactly what it promised it would do if they were the sole super power. Which is we will not militarily interfere with your nation no matter the situation.

So if your like Thailand, or Brazil, wonderful. You get to keep all your freedom and autonomy and China will happily trade with you.

If your Myanmar or Sudan, well good luck revolutionaries. There's no America to stand in your way of overtaking your government. If your the governments of these nations...

[-] atzanteol@sh.itjust.works 58 points 1 week ago
[-] jlh@lemmy.jlh.name 37 points 1 week ago

Or Vietnam or Philippines or Malaysia

[-] Joncash2@lemmy.ml 28 points 1 week ago* (last edited 1 week ago)

This again? Taiwan isn't a recognized country. So they would not be interfering with a nation. IF you disagree with that, petition your own country to recognize Taiwan. The funniest thing is I'm Taiwanese and frankly the Taiwanese don't want independence at this point. That's why the Taiwanese congress is majority status quo and about 50/50 on independence and actually returning to China. The reason president Lai won is because the split is so strong that a 40% vote for Lai got him the win. A few more from the people who wanted status quo voted for him instead of Hou at 34%. Yet if you saw what congress did immediately after, which is handcuff him from ever declaring independence, you'll know the will of the Taiwanese.

So all that is to say, no China won't be attacking Taiwan either. That's just nonsense noise from the west, which frankly I as a Taiwanese person is absolutely sick of. The agreement is simple, Taiwan doesn't declare independence and China will at most saber rattle.

*Edit: Oh and what's not reported is that right after Congress did that, China started a charm offensive. Inviting the former head of the KMT to China and undoing travel restrictions for Taiwanese citizens. So yeah, the war is only in your head, not ours.

Edit 2:. Loving. The down votes for a Taiwanese person explaining to a westerner what our actual opinions are. Why don't you all westsplain to me how I should feel.

[-] atzanteol@sh.itjust.works 39 points 1 week ago
[-] Joncash2@lemmy.ml 13 points 1 week ago

Still what? I've already explained China isn't attacking. And if you would like Taiwan to be independent petition your own government.

[-] ArmoredThirteen@lemmy.zip 15 points 1 week ago

That's a bad take. Independence should be in the view of the people living there. I'm not going to gauge if Taiwan is a country based on if I can convince the US to recognize them, that's nonsense garbage logic

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[-] match@pawb.social 11 points 1 week ago

could you provide some evidence you're Taiwanese in Taiwan?

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[-] Buffalox@lemmy.world 12 points 1 week ago

If they keep that promise, that's mostly good news IMO. Interference doesn't always go so well.
I think Afghanistan is a good example, we were there for 20 years, trying to establish democracy. And now they are right back where they were 20 years ago.
We can't keep policing such countries indefinitely. This is a link of our (Denmark) losses, as a small country that helped the UN effort.
https://da.wikipedia.org/wiki/Danske_tab_i_Afghanistan_siden_2002

It's horrible how they treat their own population, but we can't control the entire Muslim world. And all Muslim dominated countries are horrible AFAIK. So I'm good with staying out, as long as they don't create trouble here. Problem is that they do, sometimes for stupid religious reasons.

[-] Joncash2@lemmy.ml 10 points 1 week ago

Of course they will. They're winning. China is patient if anything. That's why even Rubio said they have a 10,000 year plan to take over America. Which is absurd since USA didn't exist then, but that's besides the point. What he's right about is China will wait.

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[-] Wilco@lemm.ee 72 points 1 week ago

Hopefully the political correction happens fast. The last two tariff wars created massive depressions. The Great depression saw a landslide democratic victory and it took Republicans 60 years to become relevant again. This could be good.

[-] some_designer_dude@lemmy.world 39 points 1 week ago

They could drop all tariffs tonight, but the inertia of new trade deals being made to circumvent the US is pretty strong. It will keep strengthening while the US rots on the vine because they’ve been geopolitically exiled for having revealed themselves to be governmentally retarded.

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[-] LeninOnAPrayer@lemm.ee 21 points 1 week ago

Can we please this time support the Communist and Socialist organizations that did armed protest in order to get those actual results? Can we please please learn from history and not allow the capitalist to continue to control the means of production? Because in another 100 years we'll be in the exact same place with the ruling class trying to destroy the social safetynets that only served as temporary measures.

We need a real systemic change in who deciding how the economy is run and who's interest it is meant to serve.

How long will we keep pretending a bunch of 20-30 year old white dudes in the 1700s had the best idea of how to run things?

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[-] CanadaPlus@lemmy.sdf.org 13 points 1 week ago

I mean, you'd need a fair election to ever happen again for that.

[-] TheBat@lemmy.world 67 points 1 week ago

Is Orange Turd going to complain how unfair this is?

[-] jballs@sh.itjust.works 65 points 1 week ago

This was his response. Very sane. Very calm. Not at all unhinged.

.../s

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[-] chaosCruiser@futurology.today 16 points 1 week ago* (last edited 5 days ago)

Now that USA will spiral down to deep depression, it’s going to be much easier to get the people behind whatever plan comes next.

So, how about you build a new empire, invade neighboring countries, commit war crimes left and right, and start exterminating people who don’t fit your arbitrary criteria. Germany did that and everything worked out perfectly.

Oh, wait…

Well anyway. I’m out of ideas.

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[-] atzanteol@sh.itjust.works 14 points 1 week ago

Not only that but he's going to act like it's an amazing surprise that came out of nowhere.

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[-] udc@lemmy.world 57 points 1 week ago

If every country he puts tariffs on ends up implementing their own retaliatory tariffs, what would happen?

[-] UnderpantsWeevil@lemmy.world 74 points 1 week ago* (last edited 1 week ago)

Look at Cuba. Now look at the US. Now look at Cuba again.

Okay, now image Cuba but without the public health care, housing, jobs programs, and mass transit.

[-] some_designer_dude@lemmy.world 28 points 1 week ago

I don’t wanna look away from Cuba 😭

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[-] WanderingThoughts@europe.pub 47 points 1 week ago

The rest of the world starts building a new world order and economic system, one that will be a lot less advantageous to the USA than the one they just trashed.

[-] merc@sh.itjust.works 11 points 1 week ago

I hope one of the first things to change is the ridiculous Intellectual Property laws the US forced on the rest of the world. Those laws benefit the US at the expense of everyone else.

[-] SnuffyThePunk@lemmy.world 37 points 1 week ago

You see, when the US pisses on the rest of the world, the rest of the world gets wet - But when the rest of the world will piss on the US, the US will drown.

[-] CheeseNoodle@lemmy.world 17 points 1 week ago

So a tariff is like punching the other guy but also punching yourself, only the US is doing that to a lot of people so all the other countries get hit a few times sure but the US is beating itself black and blue.

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[-] aceshigh@lemmy.world 16 points 1 week ago

Death to folks who can’t afford to have their basic needs met.

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[-] echodot@feddit.uk 10 points 1 week ago* (last edited 1 week ago)

The United States descends to the level of economic relevance as South Africa and the rest of the world continues as usual.

Trade tariffs can work if they are used as a scalpel, If they are applied very precisely and explicitly they kind of achieve the desired effect. Trump is just wielding them around like a mallet and is repeatedly hitting himself in the groin while everyone stands at a safe distance away and watches with mild amusement.

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[-] ProfAel@feddit.org 38 points 1 week ago
[-] puppinstuff@lemmy.ca 38 points 1 week ago

So now the US will have to watch out for Switch 2s and iPhone 17s beings smuggled in at the Canadian border along with the eggs.

[-] nolannice@lemmy.world 14 points 1 week ago

Nintendo has already delayed preorders...

[-] MeatsOfRage@lemmy.world 12 points 1 week ago

with the eggs

Both regular and Kinder

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[-] Lanske@lemmy.world 35 points 1 week ago

The Yanks are making enemies everywhere! Except Russia that is...

[-] TheReturnOfPEB@reddthat.com 26 points 1 week ago

jokes on them ... how they gonna tariff empty shipping containers ?

[-] Suoko@feddit.it 22 points 1 week ago

Who's gonna benefit from all this extra taxes? Public services will sky rocket in 2025!

[-] Zacryon@feddit.org 24 points 1 week ago* (last edited 1 week ago)

It will be used to bail out companies, who struggle to financially survive. The money will go to the higher managements though.

[-] dovah@lemmy.world 13 points 1 week ago
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this post was submitted on 04 Apr 2025
848 points (100.0% liked)

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