- cross-posted to:
- economics@lemmy.world
- politics@lemmy.world
- cross-posted to:
- economics@lemmy.world
- politics@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.
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They tariffed US. US finally responds. Now China wants to tariff that, ok. All I can say, Walmart is screwed if they don’t switch back to US first.
If every country he puts tariffs on ends up implementing their own retaliatory tariffs, what would happen?
Imagine everything currently produced on earth loses about a third of its efficiency/affordability and a large chunk of everything has shortages/unavailability for the next 30 years.
Now imagine with the loss of trade relationships diplomacy slowly returns to that of the dark ages and a new era of war begins.
Things we take for advantage are peace and prosperity.
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.
I don’t wanna look away from Cuba 😭
Death to folks who can’t afford to have their basic needs met.
I think they asked about the other countries, not US.
Did they? Unless they edited their comment, it sounds very open to me.
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.
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.
60 years ago there was no fox news and social media. These morons will forget in 2 months let alone 2 or 4 years.
The American electorate dumber than a bag of rocks
Talk to really old people sometime, we haven’t gotten dumber. Maybe more tolerant of dumbness.
I never said we got dumber we’ve been solidly morons since forever
I mean, you’d need a fair election to ever happen again for that.
Who’s gonna benefit from all this extra taxes? Public services will sky rocket in 2025!
It will be used to bail out companies, who struggle to financially survive. The money will go to the higher managements though.
Ah, so no change.
The change is that companies will use this to commence the massive layoffs once again citing hard financial times but still pay the execs the same big bucks
Public services will sky rocket in 2025!
Elon Musk laughing
No they won’t.
With his embarrassing hysterical laugh
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.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.
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.
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)
Their potential is already proven. Xenophobe or not.
More like their potential is already realised.
Xi got China to #1 world superpower 24 years early!
Without a war.
Congratulations China.
Xi? You misspelled Trump. Congratulations to China anyway.
Props to Pooty-poot for the assist
props to trump for the assist!
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…
What if you’re Taiwan…
Or Vietnam or Philippines or Malaysia
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.
could you provide some evidence you’re Taiwanese in Taiwan?
I already did, look through my comments.
then you are the only Chinese person I’ve ever heard say “Hans Chinese”
Wait, when did I say I’m Chinese?
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.
This is exactly what happens on every .ml or hexbear discussion when someone mentions Ukraine, BTW.
Reported as propaganda, but here’s the thing… Technically correct is the best kind of correct, right?
Only 12 agencies recognize Taiwan as an independent state. TWELVE. A short enough list that I can copy/paste it:
Belize, Guatemala, Haiti, Holy See (Vatican), Marshall Islands, Palau, Paraguay, St Lucia, St Kitts and Nevis, St Vincent and the Grenadines, Eswatini and Tuvalu.
That’s it. Even the US doesn’t explicitly recognize an independent Taiwan. The UN rejected membership in 2007.
https://www.prospectmagazine.co.uk/world/united-nations/68163/how-taiwan-lost-its-place-at-the-un
Huh? I’m confused that’s my point.
Origjnal comment was reported, probably for the whole “Taiwan isn’t a recognized country”. As noted, that’s largely a true statement.
Oh I see what you’re saying now. Yes, I am saying if you’re going to argue against my China doesn’t militarily support actions by other countries against sovereign nations, then you can’t use Taiwan as an example to counter my point as other countries do not recognize Taiwan.
This again?
Still.
Still what? I’ve already explained China isn’t attacking. And if you would like Taiwan to be independent petition your own government.
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
Is it? So you’re for the independence of Barcelona? Hawaii? Ireland? Falken Islands? When do they get to choose?
Your comment history certainly doesn’t paint you as a Taiwanese individual. More as an American who is desperate to make China look as good as possible…
To be honest I’ve been waiting for someone to try to call me out on this. Here’s my passport
Full respect to the photo. I may not 100% agree but I respect taking the photo for proof.
You know, I’m confused what people are disagreeing with. I’ve only stated facts.
Sudan and Myanmar are completely under China’s sphere of influence. They are both in the middle of a civil war. China has done nothing and supplied both sides.
Taiwan has consistently stated they want the status quo. Congress is heavily in favor of that. So much so they made a law to handcuff the president from declaring.
China has repeatedly stated they believe Taiwan will aquiesce peacefully and will only invade if Taiwan unilaterally declares independence.
Thus, in a situation where China is the sole hegemony, China knows they are right about Taiwan and will simply wait out Taiwan. If the world is under Chinese sphere of influence we’ll see a massive uptick in civil wars.
Tankie. That user is a tankie.
I mean they are from .ml, being a tankie was assumed
.ml
Of course.
The one thing I liked about Connect better than Voyager. The instance blocking on Connect worked. A whole lot didn’t, but that did.
I don’t think user comments are typically blocked, just communities. Which is fine with me, I don’t have a problem with every single user on instances I have blocked.
In Connect it would auto hide posts made by someone in a blocked community. They’d all be there, but you’d have to elect to have it shown to see it.
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_2002It’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.
To establish democracy? Are you joking?
That’s State Department propaganda that’s been completely debunked for a while. The aims of US foreign policy on Afghanistan were lucrative financial exploitation and destabilizing the region.
The U.S. occupation of Afghanistan was colonialism that prevented Afghan self-determination
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.
jokes on them … how they gonna tariff empty shipping containers ?
China buys American food, I think.
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.
Nintendo has already delayed preorders…
with the eggs
Both regular and Kinder
Is Orange Turd going to complain how unfair this is?
This was his response. Very sane. Very calm. Not at all unhinged.
…/s
Yes
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 tried that and it everything worked out perfectly.
Oh, wait…
Well anyway. I’m out of ideas.
Not only that but he’s going to act like it’s an amazing surprise that came out of nowhere.
“So unfair. Nasty people.”
The Yanks are making enemies everywhere! Except Russia that is…
Where is Korea and Japan answer to the tariffs?
Give it a few days
