benjii

China introduces 34% tariff on US imports. Presumably Trump will thank them, because yesterday he was claiming they impose a 67% tariff.

For an example of the idiocy:

The EU ones tend to be focused and can at least be explained by economic theory. They are also discussed openly in advance, in public debates, and would usually be applied with a decent lead time to allow business to adjust. Contrast with the US announcement with hardly any implementation period, based on obvious lies about the justification, and no evidence of cogent economic thought.

Um, plenty of us have said this is sinister rather than just stupid.

Crash the markets with a stupid policy. Buy when cheap. Reverse policy and enjoy the spike. I think this is more sinister than that though. It's about the destruction of America to enable full autocracy.

Fuck it, why not?!

ISO codes, apparently.

Seems like the formula is based on asking Chat GPT for an idea of how to do tariffs for dummies.

Hilariously, they are trying to make out that they've done something more clever than simply dividing trade deficit by exports, by posting an equation with additional parameters that are supposed to reflect the impact of price changes on imports and exports. Notwithstanding that this would vary massively from country to country (Lesotho - diamonds, Honduras, cheap textiles etc..) and notwithstanding that they have also omitted the value of service exports... the parameters make zero difference

Worth a read to cut-through the typical hot air bollocks that passes for actual policy announcements and understand the nonsense basis for some of these tariffs.

Any of your posts.

IT, perchance?

This is what happens when people with utterly broken personalities are given power.

Florida relaxing child labour laws to make up for the shortfall of immigrant workers. Mental.

That led me to this.... lolz

Just go to Mexico/Canada

http://www.theatlantic.com/politics/archive/2025/03/trump-administration-accidentally-texted-me-its-war-plans/682151/

Try telling a woman they peak at about 19. They don't like it.

If we had gone down with a good fight, I would have been up for keeping Russky this season and next, but we sacked him - too late- so we can't go back now.

I'd be like, "I'll direct this scene, I think".

Don't know who they are, but if we're talking birds from rock bands, then it's gotta be 90s D'Arcy Wretsky for me, thanks.

https://theonion.com/please-like-me-1848674003/

It's Alexandra Daddario's birthday. Maybe the GOAT?

When he plays on the right wing he's class. When he plays as an inside right forward with no striker in front of him, Sulemana over the other side somewhere and two rights back outside him, he's not very effective. Funny that.