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Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
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jenna fischer raise hand GIF

I have a question - does “aligning” with BRICS policies include being a BRICS country? Because that would mean tariffs on Russia when none were announced on April 2 …

Also, does that mean +10% on India? China? South Africa? Brazil? Iran? UAE? Indonesia? Egypt?
 
JosephFreeman said:
I just think we shouldn’t sublease factories in other countries to produce what we buy. The world is turning a little more introspective, and self sufficiency as much as you can get is a good thing.
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That’s not what you said, though. You said we would end up “with better trade deals.”
Tariffs mean we will pay more. All throughout history until now, paying more for the same product would normally be seen as a bad deal.
 
JosephFreeman said:
This tariff situation will ultimately end in better US trade deals. The fact that China, the second largest economy in the world gets special treatment from the WTO is dumb. Middle class in US has been hollowed out. Can the fix it? We’ll see.
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There were a couple trade situations which needed some revision. But carpet bombing tariffs to every country such a haphazard way is reckless and short-sighted. It's bully politics at its best.
 
nycfan said:
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I have a question - does “aligning” with BRICS policies include being a BRICS country? Because that would mean tariffs on Russia when none were announced on April 2 …

Also, does that mean +10% on India? China? South Africa? Brazil? Iran? UAE? Indonesia? Egypt?
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Trump Steps Up His Fight With Brics Nations​

China and Russia pushed back after the U.S. president threatened to place tariffs on countries embracing the policies of the group​


🎁 —> https://www.wsj.com/world/trump-ste...a?st=j4Q8Mv&reflink=desktopwebshare_permalink

“… Representatives of Brics nations, including Chinese Premier Li Qiang and Indian Prime Minister Narendra Modi, have been meeting at a summit in Rio de Janeiro. In a joint declaration, the group said it had “serious concerns about the rise of unilateral tariff and non-tariff measures,” without mentioning the U.S. directly. It also condemned recent military strikes against Iran following the Israeli and American campaign to destroy Tehran’s nuclear facilities.

Responding to Trump’s threats, a spokeswoman for China’s Foreign Ministry stated on Monday its oft-repeated line that trade wars and tariff wars have no winners. Brics “does not target any country.” The Kremlin echoed those remarks, saying that Brics “has never been and will never be directed against third countries.”

While Trump didn’t spell out the group’s “Anti-American policies,” the Brics have in recent years discussed ways to promote alternatives to Western-led geopolitical and financial frameworks.

…In their declaration, the Brics also condemned the imposition of international sanctions, which they see as unlawful measures undermining international law. The U.S., along with its allies, has imposed a raft of sanctions on Russia for its invasion of Ukraine and on Iran over its nuclear program.

The Brics group expanded in recent years to include Egypt, Ethiopia, Iran, Indonesia and the United Arab Emirates. Together, the members represent around 26% of the world’s gross domestic product in nominal terms and over 40% of the global population.…”
 
Ironically, the BRICS nations are trying to do the same thing as Bessent's tariffs: remove the dollar from reserve currency status, or at least depreciate the supposed artificially high levels from reserve status.

Of course Trump has no idea and just assumes they are bad.
 
Since they've been teasing these letters for weeks, would it be too much to ask for a rudimentary level of grammar and spelling. Or a signature?
 
Japanese PM to Trump:

"Now, see we're sittin' down here, ready to negotiate, and you've already given up your shit. I'm still a mystery to you. But I know exactly where your white ass is comin' from. See, if you asked me to open my market and then slapped on the tariffs immediately, I'd say to myself, 'This motherfucker's carrying on like he ain't got a care in the world.' And who knows, maybe he don't. Maybe this fool's got himself a masked army and don't got to worry about nothin." In all these months you've been here your economy is shrinking, your deficit is up and your prices are rising. But you ain't even looked. You're too busy clocking me."
 
nycfan said:
IMG_7842.jpeg

jenna fischer raise hand GIF

I have a question - does “aligning” with BRICS policies include being a BRICS country? Because that would mean tariffs on Russia when none were announced on April 2 …

Also, does that mean +10% on India? China? South Africa? Brazil? Iran? UAE? Indonesia? Egypt?
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I'll refer you back to this X post you shared on the previous page, because the answer to your questions from this admin would most likely be as nonsensical.

Short answer - "They're going to be tariffs. The tariffs are going to be the tariffs."

 
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