this post was submitted on 26 Sep 2025
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President Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariff on imported branded drugs, 25% tariff on imports of all heavy-duty trucks and 50% tariffs on kitchen cabinets.

Trump also said he would start charging a 30% tariff on upholstered furniture next week.

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[–] AA5B@lemmy.world 6 points 5 hours ago

will impose a 100% tariff on imported branded drugs,

Finally! Haven’t we been saying for years now that prescriptions are too cheap, and we really should be paying a lot more?

/s

[–] elucubra@sopuli.xyz 7 points 10 hours ago (1 children)

Are there a lot of heavy trucks imported in the US? All I see from afar are those ancient looking Kenworths, Peterbuilts and the like.

[–] M4t1cc@lemmy.world 1 points 5 hours ago

Freightliner, owned by Daimler AG holds almost a 40% market share. Volvo, while not as strong, is around 10%.

Majority of the US made truck brands have an exorbitantly high maintenance cost when compared to imported trucks.

[–] Reverendender@sh.itjust.works 14 points 13 hours ago

Ugghhhh. I guess I don’t wait on the Ikea cabinets I had budgeted for December then?

[–] chaosCruiser 22 points 14 hours ago* (last edited 14 hours ago) (2 children)

Future economists are going to love this time period. It's basically a goldmine for papers, articles and books about the effects tariffs have. Sure, we have that sort of history already, but this time it's very well documented. Current online economy has so many new numbers you can track. You should be able to look at the data and tell exactly what went wrong and how it was reflected on everything.

[–] redsand@lemmy.dbzer0.com 2 points 2 hours ago (1 children)

Separating the various fuck ups and disasters will be the hardest part.

[–] chaosCruiser 2 points 1 hour ago (1 children)

Economics is a messy science where you’re constantly dealing with messy data. There are always several variables at play, and their countless interactions make interpretations super tricky. You can’t really make controlled double blind experiments to isolate the effect of a specific variable.

[–] redsand@lemmy.dbzer0.com 1 points 56 minutes ago

Oh yes this is just extra messy. Like the federal reserve being robbed by several loosely cooperating gangs with differing goals.... During a riot caused by yet another group of gangs some of whom overlap.

A forensic nightmare within a clusterfuck.

[–] manxu@piefed.social 15 points 13 hours ago (1 children)

It's sort of like when we want to know something, but all experiments to find out would be highly unethical. So we wait for a madman or authoritarian regime to torture someone to find out the limits of human capability. Just with the economy instead.

Basically, in 2025 we are running a simulation to find out how much stress an economy can take before it collapses, and the goal is to actually get there.

[–] chaosCruiser 10 points 13 hours ago* (last edited 13 hours ago) (2 children)

Same goes for chemical safety. How do we know what the effects of mercury, lead, ammonia or sulfur dioxide are on humans? Tragic things have happened in the past, and the survivors just documented the results.

[–] sramder@lemmy.world 3 points 10 hours ago (1 children)

Yeah, but you can’t Gauge everything that way…

Or bleach… we should have great information on the maximum amount of ordinary household bleach that a human being can drink at this point.

To google scholar mobile chum!

[–] chaosCruiser 1 points 7 hours ago

With observational incident reports you can only get a list of symptoms and a very rough range of exposure. If you want something more detailed than that, you need a proper LD50 study.

[–] sharkfucker420@lemmy.ml 4 points 12 hours ago (1 children)

Radiation is another great example of this

[–] chaosCruiser 2 points 11 hours ago

That is true. The demon core comes to mind as an extreme example. Also, Hisashi Ouchi paid a horrendous price in 1999.

[–] chemical_cutthroat@lemmy.world 26 points 15 hours ago (1 children)

Wait! He's putting a tariff on upholstered furniture? Has anyone told the vice president, yet?

[–] Reverendender@sh.itjust.works 5 points 13 hours ago

Probably not

[–] DougHolland@lemmy.world 23 points 15 hours ago (2 children)

Whee, another round of tariff roulette!

Even a pinko like me understands that everchanging random rules ain't good for business.

[–] sramder@lemmy.world 3 points 10 hours ago

Yeah, but if you sell all those businesses before they find out that they’re in trouble then it’s good for you? I don’t know much about business, but I’m fairly sure this is the way it works.

[–] moseschrute@lemmy.world 11 points 14 hours ago* (last edited 14 hours ago)

1000% terrifs on Lemmy comments federated from other countries, because DougHolland made fun of me, Mr trump