Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax

[mrfill]

3 minutes ago, ricklev said:

The next step:  Trump announces that the billions and trillions of dollars flowing into the treasury will be used to fund tax cuts for the wealthy, with a bone thrown to the poor and middle class.  

Is that in addition to the $4+ trillion giveaway already planned?

https://www.yahoo.com/news/republicans-plan-nuclear-passing-trillion-023157381.html

[Thaindrew]

the US consumer will suffer the most, at least in the short term, USA factories cannot suddenly produce all the product that is imported and on many products is likely still uncompetitive even allowing for the tarrifs

 

US consumers seem not to believe this as Trump and even mainstream media insist the tariff is on the exporters, quote from Bloomberg below, tariffs are paid by importers who will start to have cash flow and profitability issues paying these tariffs when the goods arrive at US customs.

 

"US President Donald Trump announced reciprocal tariffs Wednesday, saying he would apply a minimum 10% levy on all exporters to the US."

[Dexxter]

3 hours ago, webfact said:

 

Livestream screenshot via Youtube

 

Donald Trump has announced retaliatory tariffs on countries with which the U.S. has a trade deficit. The new tariffs, starting at 10%, affect a wide range of countries, with Thailand facing a 36% tariff.

 

On 2nd April 2025, President Trump held a press conference at the White House announcing the implementation of tariffs on nearly all imported goods into the US, beginning at 10%. However, certain countries, including Thailand, will face much harsher tariffs due to significant trade deficits with the US.

 

Under this new system, tariffs will vary across countries. While the UK, Brazil, and several others begin at 10%, Thailand faces a steep 36% tariff. Other nations are also heavily impacted, with Vietnam at 46% and Cambodia at 49%.

 

 

 

 

During his announcement in the White House Rose Garden, Trump boldly declared, "The US has been plundered and stolen from by many nations, both ally and adversary." He touted the measure as a liberation for American industry, stating, "This will be remembered as the day American industry was reborn and America’s destiny reclaimed."

 

Trump underscored this as a beginning of a new golden era for the US economy, also taking the opportunity to criticise previous trade relations with Canada and Mexico, both already subjected to a 25% tariff.

 

Highlighting his strategy, Trump added, "This tariff is a partial response. We haven’t hit back fully as it would be burdensome for many nations, a step we wish to avoid." Moreover, the tariffs will extend to foreign-manufactured cars imported into the US, enforcing a 25% rate from midnight on 2nd April.

 

 

 

 

The list is not even in any order, alphabetic or by tariff value, just like Trumps brain... random.

[Thaindrew]

10 minutes ago, wavodavo said:

It's pretty simple . Trump wants all the companies who make products that America America to move their operations to the U.S. and employ Americans. He  has also offered to give them a very low tax rate.

where did Trump buy his MAGA hats, MAGA bible, TRUMP watches? all from China, hypocrite much?

[WDSmart]

And, Thailand is not "Hit with 36% Tax." Tariffs are paid by the country imposing them, so actually, "US Citizens Are Hit with a 36% Tax" for items they import from Thailand. 

[SLOWHAND225]

2 minutes ago, mrfill said:

Is that in addition to the $4+ trillion giveaway already planned?

https://www.yahoo.com/news/republicans-plan-nuclear-passing-trillion-023157381.html

As it should be. The more money they put into the economy the better it is for all of us. Thats just basic economics, not some magical mystery

[Dibbler]

America being great again imposing 10% tariffs on islands in the Antarctic where only penguins live! Absurd!

 https://www.wired.com/story/trump-tariffs-antarctic-islands-heard-mcdonald/?utm_brand=wired&utm_campaign=aud-dev&utm_medium=social&utm_social-type=owned&utm_source=facebook&fbclid=IwZXh0bgNhZW0CMTEAAR2ytF0nO7cxkbgKo_rKOc3UPaM2Ldecsmm2qzPAMgPA6ghW0twwAzzDqyg_aem_-maNL86LCZ3NmdDZ8r4L_Q

[Presnock]

25 minutes ago, hotsun said:

Easy, just dont tell the government that youre living in thailand

That is illegal.  As a US citizen living overseas and FATCA, one is required through the local Thai bank to also file a IRS form 7 with the FATCA "I am a US cit" and you are required to give your Thailand address as well as to file the yearly FBAR report if you have a foreign bank acct.  

[Serenity_Now]

The obvious thing is that there will be a global backlash against existing American products

He's going to hurt APPLE and NVIDIA 
Those iphones are going to get pricey A thousand dollar phone is now 1350
Im sure that will help a thriving black market 
Makes it worthwhile to take a trip abroad to get a new phone combine the annual vacation with a spend splurge
more money departing those shores

he basically halved the discrepancy until it came to 10% 

Meanwhile all the numnuts have cleaned out megan markle of her jars of expensive jam
Second hand EU cars already over there are going to keep good value just as in COVID

All the more reason to recycle those tinnies NOW 
China India will see an increase in their Aluminium Exports 

He just shifted Global trade in favor of China

No one in EU drinks made in USA wine

The selection of goods in USA is not as good as EU/UK
The USA sells more services than goods to the rest of the world so trade discrepencies do not apply
thats facebook instagram microsoft etc 

Only the auto trade in USA has a great disparity and agian why USA cars are crap they followed that consumer logic of built in redundancy parts are crap
& once Keith Richards dies jack Dniels will go under

[CallumWK]

1 hour ago, hotsun said:

You must be new. The tariffs have already been priced in

 

[baansgr]

3 hours ago, hotsun said:

Americans will simply not buy products from Thailand. Thai businesses will be forced to either shut down or move to the US

Or drop the tariffs 

[Gecko123]

2 hours ago, nick supreme said:

 

It's a tax? 

A very regressive one at that.

[LosLobo]

21 minutes ago, radiochaser said:

Biden’s White House has aggressively fought its trade war with China. The administration has retained all the tariffs that the Trump White House placed on Chinese imports in 2018 and 2019.

 

On February 24, the Biden Administration issued a Proclamation imposing additional tariffs pursuant to Section 232 of the Trade Expansion Act of 1962 on imports into the United States of aluminum and certain aluminum derivative articles produced in Russia, as well as aluminum articles where any amount of primary aluminum used in the article is smelted or cast in Russia.   (Well, it is russia after all, even though biden let russia finish the gas pipeline that Trump stopped. )

Beware The “Surprise Fees” In Biden’s 200% Aluminum Tariffs  (I am a hobby machinist and use aluminum to make things.   I can vouch for the increase in aluminum costs.)

You're cherry-picking facts and distorting their meaning. Biden didn’t start a trade war—he inherited Trump’s tariffs and has adjusted them strategically.

The Russia aluminum tariff wasn’t about trade policy; it was a sanction on an aggressor waging war in Ukraine.

Beware Radiochaser's misinformation.

[frank83628]

2 hours ago, Harrisfan said:

Whinge whinge. If Trump cured cancer still whinge.

100% they would..

[wozzlegummich]

1 hour ago, animalmagic said:

He's not cured it yet, but he has a plan (some would say it's brilliant), to use bleach and bright lights!

Just ask him. He will say he will cure it by months end. Just like he brought down consumer prices in his first month!

[hotsun]

Just now, baansgr said:

Or drop the tariffs 

Yes thats essentially what trump is trying to do. I dont know what critics were expecting

[Peterw42]

Thailand isn't being hit with any tariffs or taxes, US consumers are being hit with tariff/taxes on goods from Thailand, imported into the US.

How many times does this need to be explained to the maga cult members ?

[Harrisfan]

Just now, Peterw42 said:

Thailand isn't being hit with any tariffs or taxes, US consumers are being hit with tariff/taxes on goods from Thailand, imported into the US.

How many times does this need to be explained to the maga cult members ?

Which makes them more expensive. Sales go down. Derr

[baansgr]

Just so pleased for Brexit...poor eussr are gonna start begging UK to move their industry to UK..well done remoaners

[Thaindrew]

1 minute ago, Peterw42 said:

Thailand isn't being hit with any tariffs or taxes, US consumers are being hit with tariff/taxes on goods from Thailand, imported into the US.

How many times does this need to be explained to the maga cult members ?

 

they will realise it soon enough when they buy stuff, in the meantime they are all sporting MAGA hats made in China !

[hotsun]

1 minute ago, Thaindrew said:

 

they will realise it soon enough when they buy stuff, in the meantime they are all sporting MAGA hats made in China !

Americans dont need products from thailand. Thailand needs american consumers 

[CallumWK]

41 minutes ago, Presnock said:

How can he cut out SS for retirees living overseas?  US citizens working and living overseas have and continued receive and/or pay SS taxes every year. 

 

Did you know that the past is not a guarantee for the future? It should be obvious from what has changed since January 21

[jonclark]

14 minutes ago, SLOWHAND225 said:

No American has ever told you that. You're just making stuff up.

Just about everything America does is subsidized. Most people with any critical thinking can understand why thats a BAD, BAD thing for us.
Now, we're going to have to pay the price and most are willing to do that. Its going to hurt all of us until it starts to heal. Embrace the SUCK.

America has never and will never go running to the rest of the world for anything, you clearly don't know your history.  Now the rest of the world standing there with their hand out ? Constantly.

 

If I am making stuff up then it appears I am in the good company of Vance, Trump and Pete  Hogwash then aren't I? 

 

America is already running to Ukraine for its rare earths as it needs them. 

 

When you say 'we're going to have to pay the price and most are willing to do that ... I assume that you are talking exclusively about Americans as the rest of us as we sure as hell didn't agree to anything like that and Amercia can take a long walk off a short pier if they think the rest of the world will comply with Trumps demand to Make America Great Again at their expense. 

 

 

[Peterw42]

Just now, hotsun said:

Americans dont need products from thailand. Thailand needs american consumers 

 

I think you will find 99% of all hardrives ever sold in the US come from Thailand.

[Thaindrew]

2 minutes ago, hotsun said:

Americans dont need products from thailand. Thailand needs american consumers 

so if all imports ceased tomorrow from all countries, America would be immediately self sufficient?

[radiochaser]

1 minute ago, LosLobo said:

You're cherry-picking facts and distorting their meaning. Biden didn’t start a trade war—he inherited Trump’s tariffs and has adjusted them strategically.

The Russia aluminum tariff wasn’t about trade policy; it was a sanction on an aggressor waging war in Ukraine.

Beware Radiochaser's misinformation.

Beware loslobo's misinformation.  Tariffs are tariffs  regardless of what the reason is.   

 

Tariffs are a form of punishment put on another country for various reasons regardless of why.   

 

As to cherry picking, it was the result of looking on the internet for tariffs put in place by biden.   He even like the tariffs that Trump put in place and kept them.    I just did a quick copy and paste with what I posted.  

 

Some of you on aseannow write as if Trump is the first and only president to place tariffs on other countries.   He isn't and you either don't know that or don't care and use your aseannow pulpit to do character assassination. 

 

biden put other tariffs on other countries products as well, tariffs that Trump had nothing to do with. 

[hotsun]

1 minute ago, Peterw42 said:

 

I think you will find 99% of all hardrives ever sold in the US come from Thailand.

Thailand should probably drop their tariffs then shouldnt they LOL

[Presnock]

2 minutes ago, CallumWK said:

 

Did you know that the past is not a guarantee for the future? It should be obvious from what has changed since January 21

I realize that Trump is acting as if he is already a King of the country but Congress can still affect a lot of what he continues to do as almost all of it is illegal according to the constitution and I think that now Congress sees the demonstrations throughout the country and even congress people are waking up to a possible being able to contol some things.  Who knows...not me for sure!

[frank83628]

8 minutes ago, Peterw42 said:

Thailand isn't being hit with any tariffs or taxes, US consumers are being hit with tariff/taxes on goods from Thailand, imported into the US.

How many times does this need to be explained to the maga cult members ?

What exactly do the US consumers buy?

Rice & chilli sauce?

 

[Chosenfew]

3 hours ago, hotsun said:

Americans will simply not buy products from Thailand. Thai businesses will be forced to either shut down or move to the US