Trump Declares 'Liberation Day' as Sweeping Tariffs Take Effect

[zakalwe]

A 25% tax on imported beer. Oh, the humanity.

 

https://www.reuters.com/business/trump-administration-adds-beer-can-imports-25-us-aluminum-tariffs-2025-04-02/

[JAG]

6 hours ago, Social Media said:

This will be an entirely different country in a short period of time. The whole world will be talking about it," he declared

It certainly is and they certainly are. Just perhaps not in the way in which you fondly imagine!

[JonnyF]

8 minutes ago, Chomper Higgot said:

Yes it does, the US is dictating UK tax laws.

 

Silly rhetoric. They are not dictating anything, two countries are negotiating a deal. You are just trying to turn a positive into a negative, rather unsuccessfully if I may say so. 

 

8 minutes ago, Chomper Higgot said:

 

It was widely reported over the last two weeks that the Starmer Government was negotiating with the U.S. for a reduced tariffs rate, offering tax breaks being part of the offer.

 

Who reported that? The Guardian? But we are indeed free to do that now after leaving the EU. Thanks to Brexit. 

 

8 minutes ago, Chomper Higgot said:

 

Do you think Starmer and the Labour Government deserve any praise for negotiating a lower tariff rate?

 

 

Assuming he did, No, not really. If it was up to Starmer we'd still be in the EU. He's reaping the rewards of the Brexiteers who handed him the cards. The same people whose vote he wanted to overturn. He should thanks us, and then apologize profusely. 

 

 

[BLMFem]

6 hours ago, Jingthing said:

His tarriff policy is about as elegant and refined as his YMCA double jerk dance.

AKA lard shuffle.

[SunnyinBangrak]

Seems not one single member of the hivemind understands the word "reciprocal".

[Purdey]

Eggs are still expensive at $4.91 (consumer not wholesale price). Of course, the virus affecting chickens doesn't help as it causes a shortage that will raise prices on local eggs, but also importing more eggs now will cause prices to rise higher. 

Not much different from the EU. So add tariffs to imports will bump that up again.

 

[Eric Loh]

25 minutes ago, SunnyinBangrak said:

Seems not one single member of the hivemind understands the word "reciprocal".

I know what reciprocal meant but what I dont understand is how Trump calculate the reciprocal tariffs. You seem to be in the know. Please explain. Thank you. 

[Eric Loh]

7 hours ago, JonnyF said:

Great news, it's about time people stopped treating the US like a stupid rich Uncle that hands out money hand over fist. The party is over. 

 

Also great to see the UK get much lower tariffs than the EU. Yet another benefit of Brexit. 

 

 

Oh really ! 10% tariffs on Jan Mayen? The island is uninhabited. Trump is an idiot who doesn';t know what he is doing and poorly advised by his self-serving economic advisers. 

[FritsSikkink]

11 hours ago, hotsun said:

How dare he stop selling americans out. An outrage

Nice tax hike for the people of the USA: 'Bad, bad, bad': JPMorgan's scathing assessment of new tariff economy stuns social media

[Chomper Higgot]

He missed Russia of the list of nations to be saddled with tariffs.

 

Those ‘Devastating Consequences’ are really biting.

[FritsSikkink]

6 hours ago, zakalwe said:

A 25% tax on imported beer. Oh, the humanity.

 

https://www.reuters.com/business/trump-administration-adds-beer-can-imports-25-us-aluminum-tariffs-2025-04-02/

Have a nice cup of coffee: The First Trump Tariff Americans Will Feel Every Morning Has People Steaming

[Chomper Higgot]

I’ve given up American cheese in protest.

If Trump doesn’t remove the tariffs sharpish I’m going to give up American chocolate too.

 

Heaven knows what I’m going to feed the rats.

 

 

 

 

 

[SiSePuede419]

Happy Liberation Day! 😀

 

Thanks to Trump's Tarrif Taxes for no logical reason whatsoever, Americans will  be "liberated" from worrying about paying low prices ever again. 

 

I reckon the more you pay, the more "liberty" you will have.

 ¯\_(ツ)_/¯

 

Q: How can you tell when someone on Fox News nuts on air?

 

A: They yell out "George Soros".

 

[RuamRudy]

No tariffs on Russia despite a trade deficit of $2.7 billion. Strange, that... 

[Bkk Brian]

2 minutes ago, RuamRudy said:

No tariffs on Russia despite a trade deficit of $2.7 billion. Strange, that... 

Got a link for that please? No tariffs on North Korea, Cuba or Belarus either, what do you think is strange?

[RuamRudy]

51 minutes ago, Bkk Brian said:

Got a link for that please? 

 

Are you banned from Google? 

https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia/russia#:~:text=Russia Trade Summary&text=U.S. goods imports from Russia,(%241.5 billion) over 2023.

 

55 minutes ago, Bkk Brian said:

No tariffs on North Korea, Cuba or Belarus either, what do you think is strange?

 

Well, he is punishing US allies and small, weak SE Asian countries yet he is avoiding any form of tariff on putin despite the massive imbalance. 

 

I must admit, I don't find it strange. I find it entirely in line with his behaviour since he took office. 

[Middle Aged Grouch]

Very good news. As the US market is now closed to much of the world's goods, the brands will get a bit of modesty and stop ripping off consumers in Europe or Asia with absurdly high prices. Same for governance, who was abusing in inflated customs import duty rates all these decades. Time to think it over and reduce import duty rates in Thailand maybe and lower the market value of the Bhat.

[Bkk Brian]

6 minutes ago, RuamRudy said:

 

Are you banned from Google? 

https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia/russia#:~:text=Russia Trade Summary&text=U.S. goods imports from Russia,(%241.5 billion) over 2023.

 

 

Well, he is punishing US allies and small, weak SE Asian countries yet he is avoiding any form of tariff on putin despite the massive imbalance. 

 

I must admit, I don't find it strange. I find it entirely in line with his behaviour since he took office. 

 

Why should I search google for a claim you made?

 

Do you think it wise to place them on now instead as using them as leverage in the ceasefire deal?

 

Russia, which the U.S. sanctioned following its full-scale invasion of Ukraine in February 2022, was not on the list. Trade between Moscow and Washington has shrunk by more than 90 percent in recent years, declining from $35 billion in 2021 to $3.5 billion in 2024.

Canada and Mexico, on which Trump previously imposed a 25 percent tariff, were also left off the list.

White House press secretary Karoline Leavitt told Axios that Russia was omitted because sanctions "preclude any meaningful trade" between the countries, although Moscow could face additional strong sanctions.

https://www.newsweek.com/why-russia-escaped-trump-tariffs-sanctions-2054607

 

 

[RuamRudy]

4 minutes ago, Bkk Brian said:

Why should I search google for a claim you made?

 

It wasn't a claim. It was fact. 

 

5 minutes ago, Bkk Brian said:

Do you think it wise to place them on now instead as using them as leverage in the ceasefire deal?

 

Do you think that there is a ceasefire deal? Trump has abandoned Ukraine and protected Russia from further economic harm, allowing them to move forward with their next phase of conscription. 

[Bkk Brian]

13 minutes ago, RuamRudy said:

 

It wasn't a claim. It was fact. 

 

 

Do you think that there is a ceasefire deal? Trump has abandoned Ukraine and protected Russia from further economic harm, allowing them to move forward with their next phase of conscription. 

This is not about what a claim or fact is............ there are links to the amount, its not worth commenting on that is it?

 

Read my link to what its about. I am not a mind reader to predict if there will be a deal or not but will be surprised if one does happen anytime soon.

 

White House press secretary Karoline Leavitt told Axios that Russia was omitted because sanctions "preclude any meaningful trade" between the countries, although Moscow could face additional strong sanctions.

 

 

[Jingthing]

Calling it Liberation Day is a big lie.

It's actually Trump's Biggest Tax Hike in American History Day.

[SiSePuede419]

10 hours ago, Jingthing said:

Calling it Liberation Day is a big lie.

No, it's true! 😀

I just got "liberated" from about 5% of my money in my 401K. 

[Yagoda]

25 minutes ago, SiSePuede419 said:

No, it's true! 😀

I just got "liberated" from about 5% of my money in my 401K. 

You will get it back. Within 30 days.

 

You might want to consider buying Ford stock. They just made started an employee pricing promotion. Big Tough Doug Ford of Ontario is already squealing and caving, got to make sure those Super Dutys come rolling off the line.

 

[JimHuaHin]

Liberating hardworking American workers of their money to feed US billionaires.

[SiSePuede419]

26 minutes ago, Yagoda said:

You will get it back. Within 30 days.

Considering how the Great Recession Crash of 2008 lasted 8 months and the Great Depression Crash of 1929 lasted 3 years before the DJIA lost 90% of it's value..

 

"Highly unlikely"

 

Markets like stability, not Unstable Jeniuses. 😄

[sharot724]

Republican Senator Warns Trump Tariffs May Spur 'Political Decimation'

 

https://www.newsweek.com/rand-paul-trump-tariff-political-decimation-2054874

 

Paul was one of four GOP senators who joined Democrats who voted to oppose Trump's tariffs on Canada on Wednesday and is one of few Republicans in Congress who are opposing his tariffs.

[Yagoda]

Just now, SiSePuede419 said:

Considering how the Great Recession Crash of 2008 lasted 8 months and the Great Depression Crash of 1929 lasted 3 years before the DJIA lost 90% of it's value..

 

"Highly unlikely"

 

Markets like stability, not Unstable Jeniuses. 😄

LOL, see ya in a month. Better pull out of the market tho if you are so sure.

[BKKKevin]

And good riddance to all those WOKE Biden stock market gains!… 

[simon43]

Absolutely a top bloke that Trump guy 🙂

 

Now why don't we have a PM and a king in the UK who put British people first...?

[SiSePuede419]

Trump fires six national security staffers after meeting with far-right activist Laura Loomer

 

Don't worry, everything is under control....

 

Loomer also suggested Trump only hire Economists under 5' tall, because he's trying to reduce inflation. 😄