A million bajillion percent.
this post was submitted on 16 Apr 2025
215 points (98.2% liked)
Global News
4548 readers
400 users here now
What is global news?
Something that happened or was uncovered recently anywhere in the world. It doesn't have to have global implications. Just has to be informative in some way.
Post guidelines
Title format
Post title should mirror the news source title.
URL format
Post URL should be the original link to the article (even if paywalled) and archived copies left in the body. It allows avoiding duplicate posts when cross-posting.
[Opinion] prefix
Opinion (op-ed) articles must use [Opinion] prefix before the title.
Country prefix
Country prefix can be added to the title with a separator (|, :, etc.) where title is not clear enough from which country the news is coming from.
Rules
This community is moderated in accordance with the principles outlined in Article 19 of the Universal Declaration of Human Rights, which emphasizes the right to freedom of opinion and expression. In addition to this foundational principle, we have some additional rules to ensure a respectful and constructive environment for all users.
1. English only
Title and associated content has to be in English.
2. No social media posts
Avoid all social media posts. Try searching for a source that has a written article or transcription on the subject.
3. Respectful communication
All communication has to be respectful of differing opinions, viewpoints, and experiences.
4. Inclusivity
Everyone is welcome here regardless of age, body size, visible or invisible disability, ethnicity, sex characteristics, gender identity and expression, education, socio-economic status, nationality, personal appearance, race, caste, color, religion, or sexual identity and orientation.
5. Ad hominem attacks
Any kind of personal attacks are expressly forbidden. If you can't argue your position without attacking a person's character, you already lost the argument.
6. Off-topic tangents
Stay on topic. Keep it relevant.
7. Instance rules may apply
If something is not covered by community rules, but are against lemmy.zip instance rules, they will be enforced.
Companion communities
- !legalnews@lemmy.zip - International and local legal news.
- !technology@lemmy.zip - Technology, social media platforms, informational technologies and tech policy.
- !interestingshare@lemmy.zip - Fascinating articles, captivating images, satisfying videos, interesting projects, stunning research and more.
- !europe@feddit.org - News and information about Europe.
Icon generated via LLM model | Banner attribution
If someone is interested in moderating this community, message @brikox@lemmy.zip.
founded 2 years ago
MODERATORS
Muwahahaha!!
Indeed. It's at the point the exact number is irrelevant.
You beat me to it by a mile.
It’s fun to watch just how incredibly fucked America is becoming on the global scale.
It’s being led down a path of isolation by a Nazi syphilis infected rapist who acts like a toddler at nap time throwing a temper tantrum because he wasn’t able to get the juice box he wanted.
"fun" like the pejorative "fun", right?
load more comments
(1 replies)
~~China~~ US consumers
Only for goods that the US almost exclusively sourcing from China. So quite a lot of them.
While things like textiles and simple plastics could probably be on-shored to the US in relatively short time, many more advanced products will cost a lot more.
But the tariffs seem much smaller than China deciding to stop selling refined rare earths and products from them to the US and US allies such as the EU. That is going to make the US bleed big time.
load more comments
(2 replies)
Will probably see further movements from the PRC to sell off US treasury bonds and shifting more away from the dollar in general, along with tighter export restrictions on rare Earth. China already said they won't keep increasing tariffs, but they seem dedicated to not backing down, and they have the Material means to actually resist US trade aggression.
What would be incredibly based is if the PRC starts paying off loans in Africa with its dollars, decoupling the Global South from the US even further. Gets rid of dollars and debt in the Global South, potentially freeing up new customers for goods produced in China and strengthening ties.
I think they'll most likely give out loans in USD and get repayment in Yuan. Eventually becoming the globally traded currency
Would be another strategy for sure.
He found a bigger number somewhere?
He'll find another. I bet 420%
nah, elon's holding that one with a death grip
The US is only 4% of the world's population. We may have more US dollars than anywhere else, but 96% of the world is still a sizable potential market.
load more comments
(9 replies)
Title should be "Americans face 245% Trump tariff on China"
This is so far beyond stupid that it's wrapped around, overshot smart, and plunged into stupid again.
Gonna need more than eight bits soon.
Welp when the debt defaults and everyone stops using American dollars or hold their gold here, then better hope we don’t all become forced to use crypto like El Salvador (which is probably the blueprint plan).
load more comments
(1 replies)
I shouldn't be laughing but...
This headline is bullshit. The correct headline would be "Americans now face 245% Trump tariff on Chinese goods". No need to spread misinformation about how tariffs work.
China should just one up him in a way that doesn't let him one up them: complete embargo
"Oh yeah? Complete embargo PLUS ONE!!"
245% embargo. If you dare try to export things to the US, you're getting 245% of it back.
The bad part being that the stuff over 100% will be poorly-made American knockoffs.
Doesn't matter whether it's a 80% (or whatever it was, basically changes on a whim) or 245%. There is no difference.
It does make a difference. Let's say a thing you need about once a month to run your business was 10 dollars from China. You can get a similar product in the US, but it's 30 dollars. At 80%, it's still cheaper to get from China, 18 bucks. At 245%, it's now 24.50 to buy from China. Still cheaper than buying from the US, but now way more expensive.
I know these are made up numbers, but it isn't that unusual for US made items to be 3-10x the price of making it in 'cheap labor' countries. Also, this assumes there is a comparative replacement made in the US. But many machine parts have no analog or are proprietary, you must buy it from China or end that part of your business.
Your point is fairly good but you need to recheck your math. At 145% a $10 product will be $24.50. At 245% it's gonna be $34.50. And that doesn't even take into account additional federal, state, and local taxes.
load more comments
(1 replies)
It was 145% last, before the current rate, for those curious. It only further cements your point, it no longer has real impact, importing from China is just as dead.
These numbers are absolutely wild. Has anyone made a site for tracking this madness?
Many, it's all over the news. It seemingly changes based on emotion though, we thought it was 125% but it was really 145%.
load more comments
(2 replies)
A post 6 hours old. I give a 50% chance, that the number is outdated.
hahaha line go brrrrrrr
All of those numbers mean absolutely nothing. As soon as the price is higher than shipping it through Singapore it's useless.
view more: next ›