The New U.S. Tariffs – Weird Formulas, Risks, & The Coming Trade War
Trump’s tariff rates, and the policy in general, makes no sense.
https://www.youtube.com/watch?v=nVZ1lcw2bVU
Tag: imports
What Trump’s Tariffs Will Actually Do | The Ezra Klein Show
Companies don’t know where to make investments because they don’t know what tariffs will be in the future. The uncertainty of Trump’s tariff policy is horrible for the economy.
Stable protectionism is bad for the economy, but unstable protectionism is much worse.
https://www.youtube.com/watch?v=DhabG-dyQu0
Trump’s Team Panicking Over Tariff Chaos
The stock market fall and the inflation from tariffs damage retirements and show the importance of Social Security.
These tariffs aren’t part of a total strategy to bring key industries back to the United States. They are vindictive and nonsensical.
https://www.youtube.com/watch?v=IaAdYSrYQdk
Global Economy Goes into Meltdown
Global Economy Goes into Meltdown
https://www.youtube.com/watch?v=lyEF-GwxxyU
TikTok deal put on hold after China objects over tariffs, sources say
“A deal to spin off the U.S. assets of TikTok was put on hold after China indicated it would not approve the deal following President Donald Trump’s tariffs announcement this week, according to two sources familiar with the matter.
Trump on Friday extended by 75 days a deadline for ByteDance to sell U.S. assets of the popular short video app to a non-Chinese buyer, or face a ban that was supposed to have taken effect in January under a 2024 law.”
https://finance.yahoo.com/news/trump-tiktok-sale-deadline-looms-141008550.html
Will Trump’s tariffs cause global economic crash? | Robert Kaplan | Fourcast
‘Trump is post-literate, meaning he can use social media, but doesn’t read books. He doesn’t understand the origin, history, and nature of the Western alliance because he hasn’t taken the time to understand it. That would require reading.’
Trump doesn’t understand complex global supply chains.
https://www.youtube.com/watch?v=otuT90ffpA0
Trump’s tariffs a symptom of “economic illiteracy” says prof
The U.S. is dependent on Canada for electricity. This is a huge vulnerability in a trade war.
The U.S. won’t be able to compete with China on manufactured exports because tariffs will make all our goods too expensive.
https://www.youtube.com/watch?v=__qozWvbGn0
‘We’re really not taking it anymore’: Trump levies tariffs he’s wanted since the 80s
““I’ve been talking about it for 40 years, because I saw what was happening,” he said, referencing old interviews from when he was “young, very handsome.”
“I’d be talking about how we were being ripped off by these countries,” he continued. “I mean, nothing changes very much. The only thing to change was the countries, but nothing really changes.””
https://www.politico.com/news/2025/04/02/trump-levies-tariffs-00267650
Sweeping US tariffs hit some tiny targets around the world
“The list of 185 places hit Wednesday with a minimum 10 percent tariff include Heard Island and the McDonald Islands, Australian territories in the vast Indian Ocean between Africa and Antarctica.
Also on the list are tiny Norfolk Island in the South Pacific and an uninhabited spot in the Arctic Ocean called Jan Mayen, part of a Norwegian territory with the islands of Svalbard near the North Pole.
It’s all led to some head-scratching around the world as leaders digest Trump’s effort to punish countries that he says have taken advantage of U.S. trade policy to steal American jobs.”
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“The country that received the most severe tariffs, Lesotho, is one that “nobody had ever heard of,” according to Trump. The White House list said the landlocked African kingdom has its own tariffs of 99 percent — and thus will face a 50 percent penalty from the U.S.”
https://www.politico.com/news/2025/04/02/us-tariffs-around-the-world-030348
Trump imposes 10 percent universal tariff, higher for top trade partners
“President Donald Trump announced Wednesday that he will impose a baseline 10 percent tariff on imports from all countries in the coming days, with a higher tariff on dozens of other countries the United States believes have the most unfair trade relationships with the U.S.”
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“The tariffs that Trump detailed Wednesday mark the most significant U.S. protectionist trade action since the 1930s, when Congress imposed tariffs on more than 20,000 goods and dug the U.S. economy deeper into the Great Depression.”
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“The new duties include a 34 percent tariff on China, 26 percent on India, 25 percent on South Korea, 24 percent on Japan and 20 percent on the 27-nation European Union, whose largest members are Germany and France.
The administration also slapped a 46 percent tariff on Vietnam and a 49 percent tariff on Cambodia — a blow to China, which has shipped goods through those and other countries to effectively skirt previous rounds of U.S. tariffs imposed over the past seven years.
That comes on top of a second executive order Trump signed Wednesday eliminating the “de minimis loophole” for small-dollar packages worth under $800 from China and Taiwan, starting on May 2. The loophole has been used by Chinese companies like SHEIN and Temu to deliver billions in goods to the U.S.”
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“economists warn that the tariffs are almost certain to drive up prices for everyday goods imported from abroad — from fruits, vegetables and other food products to clothing, toys, cell phones, laptops, sporting equipment and countless other consumer products. The tariffs also will hit machinery and other manufactured goods, along with the raw materials and parts used to make things like cars and build houses in the United States.”
https://www.politico.com/news/2025/04/02/trump-tariff-trade-partners-liberation-day-00267350