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#tariffs

333 posts184 participants129 posts today
Laffy<p>Via Catherine Rampell:</p><p>WSJ: "Traders are turning to the "recession trade" after Trump's tariff announcement." </p><p><a href="https://www.wsj.com/livecoverage/trump-tariffs-trade-war-stock-market-04-02-2025/card/tariffs-worsen-fears-of-economic-slowdown-c7sGEKder6kIZIrSTF3M" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">wsj.com/livecoverage/trump-tar</span><span class="invisible">iffs-trade-war-stock-market-04-02-2025/card/tariffs-worsen-fears-of-economic-slowdown-c7sGEKder6kIZIrSTF3M</span></a></p><p><a href="https://mstdn.social/tags/TrumpTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpTax</span></a> <a href="https://mstdn.social/tags/TrumpCrash" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpCrash</span></a> <a href="https://mstdn.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a></p>
Mes Plaisirs Magazine<p>Donald Trump's hysterical tariffs are here... "Liberation Day" will negatively impact global markets! And American citizens themselves will pay these new import taxes. This is total madness!</p><p><a href="https://mastodon.social/tags/quebec" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>quebec</span></a> <a href="https://mastodon.social/tags/france" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>france</span></a> <a href="https://mastodon.social/tags/europe" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>europe</span></a> <a href="https://mastodon.social/tags/usa" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>usa</span></a> <a href="https://mastodon.social/tags/media" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>media</span></a> <a href="https://mastodon.social/tags/news" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>news</span></a> <a href="https://mastodon.social/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a> <a href="https://mastodon.social/tags/canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>canada</span></a> <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://mastodon.social/tags/tariff" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariff</span></a> <a href="https://mastodon.social/tags/war" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>war</span></a> <a href="https://mastodon.social/tags/canadian" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>canadian</span></a> <a href="https://mastodon.social/tags/picture" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>picture</span></a> <a href="https://mastodon.social/tags/mastodon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>mastodon</span></a></p>
𝙳𝚊𝚒𝚕𝚢 𝙵𝚒𝚜𝚑𝚠𝚛𝚊𝚙<p>Resembles <a href="https://infosec.exchange/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>'s brainscape, yes? <a href="https://infosec.exchange/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a></p>
Defending Ukraine<p>Countries not included on 47‘s <a href="https://mstdn.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> list:<br>Belarus <br>Cuba<br>North Korea <br>Russia</p>
The Japan Times<p>U.S. President Donald Trump is imposing tariffs on trading partners worldwide, his biggest assault yet on a global economic system he has long bemoaned as unfair. Japan will face a 24% levy. <a href="https://www.japantimes.co.jp/business/2025/04/03/economy/trump-new-global-tariff/?utm_medium=Social&amp;utm_source=mastodon" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">japantimes.co.jp/business/2025</span><span class="invisible">/04/03/economy/trump-new-global-tariff/?utm_medium=Social&amp;utm_source=mastodon</span></a> <a href="https://mastodon.social/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://mastodon.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mastodon.social/tags/usjapanrelations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>usjapanrelations</span></a> <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://mastodon.social/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a> <a href="https://mastodon.social/tags/donaldtrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>donaldtrump</span></a> <a href="https://mastodon.social/tags/japaneseeconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>japaneseeconomy</span></a> <a href="https://mastodon.social/tags/globaleconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>globaleconomy</span></a></p>
penwing (they/them)<p>The EU is supposedly charging 39% so Trump is charging half that(ish) - 20%</p><p>The UK is charging 10% and we're being hit with 10% or the full whack...</p><p>So, erm... Well done to Starmer?</p><p>There are a few countries with 10% and 10% so it seems Trump has decided 10% is a minimum, but still, we're being "reciprocally charged" more than our neighbours and may even be reducing DST to placate him for this "generosity"</p><p><a href="https://wandering.shop/tags/UKPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UKPol</span></a> <a href="https://wandering.shop/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a></p>
Flipboard News Desk<p>U.S. President Trump has announced his long-anticipated tariff plans. <span class="h-card" translate="no"><a href="https://flipboard.com/@npr" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>npr</span></a></span> has the details.<br><a href="https://flip.it/xPtTGc" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="">flip.it/xPtTGc</span><span class="invisible"></span></a><br><a href="https://flipboard.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://flipboard.social/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a> <a href="https://flipboard.social/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> <a href="https://flipboard.social/tags/America" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>America</span></a> <a href="https://flipboard.social/tags/Trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trade</span></a> <a href="https://flipboard.social/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a></p>
penwing (they/them)<p>So, if I'm understanding the Liberation Day Reciprocal Tariffs thing right, "Trump" has arrived at a "tariff" figure each country is "charging" and setting reciprocal based on that. Our "tariffs" include "currency manipulation" and "barriers to trade" as well as typical tariffs. The reciprocal is half that figure for most countries.</p><p><a href="https://wandering.shop/tags/UKPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UKPol</span></a> <a href="https://wandering.shop/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a></p>
Bích-Mây Nguyễn :verified:<p>"During an interview on the Somebody’s Gotta Win With Tara Palmeri podcast, billionaire entrepreneur Mark Cuban warned that the drug company he cofounded, Cost Plus Drugs, would be forced to raise its prices in response to a tariff on goods imported from India.</p><p>'We won’t have a choice,' Cuban said."</p><p><a href="https://fortune.com/well/article/mark-cuban-trump-tariffs-cost-plus-drugs-price-increase/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">fortune.com/well/article/mark-</span><span class="invisible">cuban-trump-tariffs-cost-plus-drugs-price-increase/</span></a></p><p><a href="https://med-mastodon.com/tags/healthcare" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>healthcare</span></a> <a href="https://med-mastodon.com/tags/PrescriptionDrugs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PrescriptionDrugs</span></a> <a href="https://med-mastodon.com/tags/CostsOfCare" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostsOfCare</span></a> <a href="https://med-mastodon.com/tags/DrugPrices" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DrugPrices</span></a> <a href="https://med-mastodon.com/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://med-mastodon.com/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>
Euractiv<p>Trump’s <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a>: Hungry for chips and happy with Big Tech: He lamented how the US "imports virtually all our computers, phones, and electronics," singling out semiconductors and America's dependence on Taiwan. <a href="https://www.euractiv.com/section/tech/news/trumps-tariffs-hungry-for-chips-and-happy-with-big-tech/?utm_source=mastodon&amp;utm_medium=dlvr.it" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">euractiv.com/section/tech/news</span><span class="invisible">/trumps-tariffs-hungry-for-chips-and-happy-with-big-tech/?utm_source=mastodon&amp;utm_medium=dlvr.it</span></a></p>
John :au: :hb:<p><a href="https://fairdinkum.one/tags/Albo" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Albo</span></a> has a go at imitating <a href="https://fairdinkum.one/tags/HughGrant" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HughGrant</span></a> <a href="https://fairdinkum.one/tags/auspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>auspol</span></a> </p><p><a href="https://fairdinkum.one/tags/Albanese" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Albanese</span></a> says 'this is not the act of a friend' after <a href="https://fairdinkum.one/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> announcement. </p><p>But he repeats the line that the <a href="https://fairdinkum.one/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> are <a href="https://fairdinkum.one/tags/unwarranted" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>unwarranted</span></a>:</p><p>“Trump referred to reciprocal tariffs. A reciprocal tariff would be zero, not 10%. </p><p>The administration’s tariffs have no basis in logic and they go against the bases of our two nation’s partnership. </p><p>This is not the act of a friend.” <a href="https://fairdinkum.one/tags/LoveActually" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LoveActually</span></a> <a href="https://fairdinkum.one/tags/Australia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Australia</span></a> <a href="https://fairdinkum.one/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a></p>
ˈdälfən™🐬 💥 🌊<p>Trump wants to replace income tax with tariffs. No kidding. </p><p>/1 🧵</p><p><a href="https://mstdn.social/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USA</span></a> <a href="https://mstdn.social/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a> <a href="https://mstdn.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a></p>
Kim Perales<p>"Trump says these <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> # will raise roughly $6T.</p><p>Assuming that's over a 10-yr window, that's $600B/yr.</p><p>There're 134M HHS, so this is🚨~$5,000 per HH/yr.</p><p>It's like a sales tax, so it's a flat tax. A huge hit to the budgets of working- &amp; mid-class Americans."<br>-J Wolfers</p><p>Did Trump earn a degree In economics from the Wharton School? He holds a bachelor of science degree in economics from Wharton, earned AFTER TRANSFERRING IN AS A JUNIOR from Fordham U. His grades: UKN.</p><p><a href="https://toad.social/tags/Trumpcession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trumpcession</span></a> <a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a></p>
Euractiv<p>Trump hits ‘pathetic’ EU with 20% duty as reciprocal <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> ignite global trade war: Trump also announced <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> of 34% on China, 26% on India, 25% on South Korea, 24% on Japan, 31% on Switzerland, 10% on the UK, and duties on dozens of other countries. <a href="https://www.euractiv.com/section/politics/news/trump-hits-pathetic-eu-with-20-duty-as-reciprocal-tariffs-ignite-global-trade-war/?utm_source=mastodon&amp;utm_medium=dlvr.it" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">euractiv.com/section/politics/</span><span class="invisible">news/trump-hits-pathetic-eu-with-20-duty-as-reciprocal-tariffs-ignite-global-trade-war/?utm_source=mastodon&amp;utm_medium=dlvr.it</span></a></p>
🇺🇦 Je me souviens 🇨🇦<p>For those who follow this (like me)</p><p>"Stock market today: Stock futures sink after Trump's 'Liberation Day' tariffs shock markets"</p><p><a href="https://mstdn.social/tags/Crisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Crisis</span></a> <a href="https://mstdn.social/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a> <a href="https://mstdn.social/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USA</span></a> <a href="https://mstdn.social/tags/EU" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EU</span></a> <a href="https://mstdn.social/tags/News" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>News</span></a> <a href="https://mstdn.social/tags/Democrats" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Democrats</span></a> <a href="https://mstdn.social/tags/MAGA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MAGA</span></a> <a href="https://mstdn.social/tags/Fascism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Fascism</span></a> <a href="https://mstdn.social/tags/Canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canada</span></a> <a href="https://mstdn.social/tags/NATO" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NATO</span></a> <a href="https://mstdn.social/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://mstdn.social/tags/GDP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDP</span></a> <a href="https://mstdn.social/tags/Oligarchy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Oligarchy</span></a> <a href="https://mstdn.social/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Inflation</span></a></p><p><a href="https://finance.yahoo.com/news/live/stock-market-today-stock-futures-sink-after-trumps-liberation-day-tariffs-shock-markets-200315187.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">finance.yahoo.com/news/live/st</span><span class="invisible">ock-market-today-stock-futures-sink-after-trumps-liberation-day-tariffs-shock-markets-200315187.html</span></a></p>
Juggling With Eggs<p>So what will UK government response be to 10% across the board and 25% on automobile <a href="https://mstdn.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a>? </p><p>Early indications are they’ll expect the UK to take the hit:</p><p>“We don’t want to be posturing here. The prize on offer is a good economic agreement between us and the United States. We are not going to do anything to put that in jeopardy,” </p><p>Says Rachel <a href="https://mstdn.social/tags/Reeves" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Reeves</span></a>. Ever heard a Chancellor more desperate to kiss a fascist leader’s ring? </p><p>And Keir ‘keep my powder dry’ <a href="https://mstdn.social/tags/Starmer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Starmer</span></a> is against ‘kneejerking’.</p>
ˈdälfən™🐬 💥 🌊<p>A 10% baseline tariff—</p><p>Like a 10% tax for the American people on all imported consumer goods.</p><p><a href="https://mstdn.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://mstdn.social/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USA</span></a> <a href="https://mstdn.social/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a></p>
Kim Perales<p>WS REJECTS Trump's <a href="https://toad.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a></p><p>US stocks fell in after hours trading as he unveiled tariffs of a min 10% +even higher for some countries.</p><p>The SPDR S&amp;P 500 ETF Trust lost about 2%. The Invesco QQQ ETF shed 3.3%.</p><p>The WH unveiled a baseline tariff rate of 10% on all Cs that goes into effect Apr 5. Even bigger duties will be charged agst Cs in coming days that levy higher rates on the US.</p><p>“We'll charge them ~1/2 of what they are &amp; have been charging us."<br><a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a> <a href="https://toad.social/tags/Trumpcession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trumpcession</span></a> <a href="https://www.cnbc.com/2025/04/02/stock-market-today-live-updates-trump-tariffs.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">cnbc.com/2025/04/02/stock-mark</span><span class="invisible">et-today-live-updates-trump-tariffs.html</span></a></p>
s1m0n4<p><span class="h-card" translate="no"><a href="https://mastodon.social/@hrbrmstr" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>hrbrmstr</span></a></span> USians will have to say goodbye to coffee, tea, chocolate, bananas, avocados (I'm not sure California can produce enough), vanilla, quinoa, saffron, olive oil, ...</p><p><a href="https://ohai.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a> <a href="https://ohai.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a></p>
Emeritus Prof Christopher May<p>So 'Liberation Day' has produced a general 10% tariff for all imports plus top up 'reciprocal' tariffs on trading 'partners' depending on their particular (taxation) circumstances... Trump is also going big on restoring (especially for Big Pharma).</p><p>So we are now entering a political economic experiment few of us signed up for, the consequences of which remain unclear (despite historical parallels) - but one things is sure:</p><p>buckle up its going to be a bumpy ride!</p><p><a href="https://zirk.us/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a> <a href="https://zirk.us/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://zirk.us/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a></p>