This is just great 👏

Isn’t it wild how so many Americans do not understand how tariffs work?

What about the insider trading of all Trump’s circle?

Even worse then: no point in imposing tariffs to encourage local production.

Please remember that every time he announces something, even if doesn’t happen, the market fluctuates. If you know in advance, you can profit. The Trump administrator is constantly committing insider trading.

No. He uses directly the White House account on X for that BS.

Didn’t the Americans impeach Clinton simply for hiding that he got a blowjob?

It’s very disappointing if you wanted a strong response for an ephemeral short term win. In the long run, the 15% tariffs alone will harm the US while the EU will diversify more its market.

How can you tell it’s sarcasm when the POTUS himself says stuff like that?

and why would you need them back

Exactly! What’s the endgame here?

The only explanation I have is that in his (and Musk’s) mind all intellectual jobs will be replaced by AI, and the US will need to shift everybody to manual jobs to assemble stuff. It’s so stupid and dystopic that it may even be true.

Except that even if you buy 100% American products, those selling them may not. When inflation happens, it happens for everyone.

Unless of course you talk about the perfect MAGA in a self-sufficient farm in the middle of nowhere, with a tinfoil hat and a cork in his ass against alien probes.

Wait until MAGA-fans will find out how tariffs work.

…oh yeah, that implies being able to do math.

That’s true. Tariff will likely decrease the demand of some products that have an elastic demand. The result will be that Americans will pay 15% more for all the products, for some they will buy alternatives (where they exists) or less, and Europe will need to increase the market in the rest of the world for the share of products that cannot be sold anymore. In the short term it will likely hurt Europe too, but in the long term the impact will be basically only on the US.

Rationally, the EU agreed to buy stuff that would have bought anyway and the US decided to self impose taxes raising its internal prices.

But yeah, politically it sucks.

Funny thing: probably it sucks for Americans too.

Maybe now they have a chance to demonstrate that these filters don’t work.

Plus: shady managing of the network connections that could lead to mass surveillance, poor E2E encryption, and now a partnership with Musk.

Indeed the Republicans should not have supported such an individual, nor people should have voted for him, but it’s a quite different story.