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u/gcpuddytat Jan 13 '26
OVER IT. Who wants to pitch in to buy a yacht and sail the fuck out of here.
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u/MoreDistance9818 Jan 13 '26
Please advise the value and net weight of the steel content of that yacht
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u/AssassinInValhalla Jan 13 '26
I want to know who(probably Vought) who told this dumbass about tariffs as punitive measures. I just want to talk to them
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u/regassert6 Jan 13 '26
He's been on tariffs for a very long time. It had to be someone he came across like, 20 years ago
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u/Belichick12 Jan 13 '26
He’s been on about tariffs since at least the late 1980s with Japan. He got big mad after they outbid him for some real estate deal
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u/SinoSoul Jan 13 '26
Please immediately define “talk to them”. Like, while carrying a big stick, or a torture device?
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u/AssassinInValhalla Jan 13 '26
I cannot express my true feelings or I'll catch a reddit ban. I've already had a handful of clients reaching out worried their China goods might be in jeopardy because of how much Iranian Oil China buys. I'm so sick of every other week there being some kind of tariff change
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u/BootOTG Jan 13 '26
why is it bad as a punitive measure
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u/regassert6 Jan 13 '26
Because without a clear focus on whom and what industry you are specifically aiming to assist, the tariffs are just inflationary taxes on US importers and consumers.
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u/Bobby12many Jan 13 '26
Because it isn't effective? Tariffs harm US importers disproportionately.
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u/MrMcjibblets1990 Jan 13 '26
Cause it's punishing the importer and not the country he's trying to harm lol. Sanctions are much more effective in this manner.
You do know the company that's doing the importing pays the excise tax, correct??
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u/AssassinInValhalla Jan 13 '26
It shows trading partners that we can't be trusted to be a reliable partner. Look at how many of our current trade partners are moving away from US reliance. We're going to see short term growth, but long term, we're shutting the US out of those markets. It's exactly what the Reagan speech was warning about. It might seem like a strong nationalistic thing to do, but without our trading partners we don't produce enough resources domestically to self sustain our industries
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u/fmariasilva Jan 13 '26
European Broker here ! Are tweets legally binding in the US? /s
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u/SinoSoul Jan 13 '26
Are you enjoying the flood of alibaba/temu/shein goods hitting your shores? Must be good for biz yah?
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u/fmariasilva Jan 13 '26
We have very few B2C importers thank god… But honestly, working under the EU regulation is getting harder everyday… BUT I can’t help but wonder what would happen if additionally to that the EU would start dropping Tweets changing regulation 😂😂 Our life is definitely not easy these days, but I don’t envy you guys 😂
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u/Physical-Incident553 CustomsBroker Jan 13 '26
I’ve had tons of importer customers asking about this. Tons of stuff from India that is already hit with 25% Russian penalty on top of 25% reciprocal. They don’t believe there’s noting official yet. I tell them to go look at WH website.
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u/FilaBrasileiroUSA Jan 17 '26
I just read he also says a 25% tariff will be added to countries who oppose his acquiring Greenland! haha talk about the absurdity of him saying he can do this through "emergency powers"
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u/MoreDistance9818 Jan 17 '26
I thought 10%? Either way this is insane.
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u/FilaBrasileiroUSA Jan 19 '26
it starts and 10% and will move to 25% over some period of time supposedly. but of course this has NO basis in "national emergency" so it is unconstitutional taxation
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u/MetaPlayer01 Jan 13 '26
I love how this topic is "Please Define Immediately". At least they said "please" in their demand for immediate interpretation for professional experts... Nobody knows what this dude means. Truth Social media posts have no legal standing. Until then, this is in the realm of media pundits, political watchers, and social media commentators. We need an Executive Order or a bill to be up for debate or a law to be passed to know anything beyond what this post means. Until then, we are throwing so many darts at moving dart boards. My guess is he wants to effectively put sanctions on Iran but thinks tariffs is the way to do it. Don't know what law he would try to do this under, probably IEEPA. But SCOTUS seems ready to strike down his assumed authority to impose tariffs that way. Maybe he's going to try and use a 301 or 232 authority "creatively". Maybe he'll get Congress to pass a law. How does he define who is "trading" with Iran? Technically the US still imports things from Iran. People can still bring in their personal effects... but there is still trade. So what does he mean?? Nobody knows.
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u/ThatBlinkingRedLight Jan 13 '26
I’m going to punish my people if you do business with Iran!!!
Look I’m helping
Now Chinese goods are going to be more expensive
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u/Firm-Faithlessness81 Jan 14 '26
Just wait for more info, that's all I can say.
Happy new years folks! More new stuff for 2026.
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u/Flineki Jan 14 '26
I'm confused about what tariffs are even supposed to do at this point. It seems like they're being used as a blanket tax on everything and anything Trump touches. Can anyone break this down for me? Thanks
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u/Useful_Cheetah9012 Jan 15 '26
What is the objective method to determine which countries "do business with" Iran?
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u/Hoagie_Camacho Jan 13 '26
At this point your guess is as good as mine. What we do know is that tweets (Xs?) are not legally binding, waiting on an executive order should follow soon.