Countries Dropping, Slashing Tariffs Ahead of Trump’s ‘Liberation Day’
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Countries Dropping, Slashing Tariffs Ahead of Trump’s ‘Liberation Day’

Countries Dropping, Slashing Tariffs Ahead of Trump’s ‘Liberation Day’

Cut all the tariffs!

Many countries have decided to drop tariffs on America ahead of President Donald Trump’s reveal of the “Liberation Day” tariff announcement.

Trump wants to roll out reciprocal tariffs to counter what he describes as unfair trade practices.

Canada offered to remove all tariffs if America did the same.

India and Vietnam said they would slash tariffs. Mexico won’t instill reciprocal tariffs.

Israel slashed all tariffs.

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Comments

destroycommunism | April 2, 2025 at 12:34 pm

the leftists just “liberated” themselves by having elon step aside

sure he was going to leave eventually but they will take this as a victory

maga

    destroycommunism in reply to destroycommunism. | April 2, 2025 at 12:46 pm

    as reported by left wing source politico

    Musk is not going to step aside, but he does need to attend to some of his businesses

    He has his team in place

      destroycommunism in reply to gonzotx. | April 2, 2025 at 12:52 pm

      its already been stated publicly he would step aside “at some point”

      lets hope lefty isnt given credit for that as they use their violence to push the agenda

      pam bondi needs to secure convictions

        Of course he will “step aside periodically, he has several businesses to attend to, but he will
        Always be the head of DODGE and no matter if he is in Washington or Texas, he will help Trump
        Do
        Whatever he needs to do

      healthguyfsu in reply to gonzotx. | April 2, 2025 at 1:46 pm

      Let them take credit. He will still get it done even if he’s not the face.

      geronl in reply to gonzotx. | April 2, 2025 at 5:07 pm

      “Special government employee” came with a 130-day limit

    JohnSmith100 in reply to destroycommunism. | April 2, 2025 at 1:02 pm

    They will know that Elon Musk’s operation will continue for a long time, and that he successfully gutted their sleazy operation. Soon there will be scads of high profile prosecutions. Dem leadership are going to be toast.

destroycommunism | April 2, 2025 at 12:35 pm

trump destroys leftists with their own medicine

thats the only way to defeat them

“Many countries have decided to drop tariffs on America…”

That was always Trump’s end game. So, what’s the lesson here, world?

‘Never bring small berries to a Big Brass Ones contest.’

The end.

Globalism in a tizzy over the idea of reciprocal tariffs and equalization measures to account for VAT. Strange there wasn’t the same alarmist rhetoric when the other Nations of the world were using these tools to support their industries and economic well-being but suddenly when the USA wishes to implement them ..now it’s a problem.

    henrybowman in reply to CommoChief. | April 2, 2025 at 8:24 pm

    The interesting tension here is that tariffs — not income taxes — were how the Founders envisioned the fedguv raising the (relatively small) sums needed to finance its operation. It’s similar to the concept of “Mexico paying for the wall.” If tariffs punish foreign countries and are so viewed by those countries, it makes one wonder how the Founders ever expected to make this strategy work. Might explain how the feds devolved so quickly into taxing alcohol (and triggering a prompt rebellion) and other domestic transactions.

      CommoChief in reply to henrybowman. | April 3, 2025 at 7:03 am

      The main factor of ‘making it work’ (which I take to mean paying for the gov’t) is the very small size of the Federal government envisioned by the Founders. They gave the ability to ‘lay and collect Taxes,Duties, Imposts and Excises’. The system largely worked.

      Hard for complaints of other Nations to be taken seriously when we are imposing reciprocal tariffs. If they want to be rid of them on their exports to the USA all they gotta do is scrap their own impediments on products imported from the USA; tariffs and VAT.

I have to admit I am way behind the curve on just how many countries place tariffs on our products. This has been going on so long that I just thought it was normal. I’m way off. Every list I see gets longer with surprises.

Liberation Day was the day Trump was sworn in for his second term.

Martin Luther King, Jr. foresaw that future day when he said, “Free at last! Free at last! Thank God Almighty, we are free at last!”

Wait. Aren’t tariffs supposed to raise revenue? Supposed to boost American manufacturing? So if the other countries drop is ‘ THE MORON ” going to drop them. Makes NO sense. Like most things THE MORON does, it’s not well thought out and only designed to appeal for the goober redhat boogerpicks. “Yeahhh Trump- you go!!Nobody bosses you around” .LAFFRIOT

    Paula in reply to tjv1156. | April 2, 2025 at 2:08 pm

    You’re wasting your time.
    We don’t read your posts any more.

    TopSecret in reply to tjv1156. | April 2, 2025 at 4:47 pm

    Other countries already had heavy tariffs on US goods. Trump’s reciprocal tariffs were to encourage them to drop theirs so we can trade more of our goods to them. They’re negotiating chips. If those countries refuse to drop their tariffs, then our tariffs will encourage US manufacturing thereby providing more jobs and raising tax revenue. It’s a win either way, either increased tax revenue and jobs or increased trade. Yes, Trump is showing the world that he’s the boss again. Remember how fast Trudeau flew down to Florida to beg Trump not to enact tariffs on Canada? Trump wasn’t even sworn in yet but Trudeau came running to beg.

    Milhouse in reply to tjv1156. | April 2, 2025 at 5:01 pm

    Wait. Aren’t tariffs supposed to raise revenue? Supposed to boost American manufacturing?

    No, they’re not. They’re a weapon; their purpose is to hurt the target country so much that it agrees to drop its own tariffs in return for us dropping ours.

      AsuraYakou in reply to Milhouse. | April 2, 2025 at 11:10 pm

      Much like carpet bombing, ‘Let’s you and me set our gdps on fire and see who lasts longer.’

      But then, a lot of economic warfare is a question of who can survive longer. Only really works out for the biggest guy with the, thumpiest stick.

      China seems to be doubling down. Hopefully the decoupling (which needed to happen anyways) will be comparatively painless.

    henrybowman in reply to tjv1156. | April 2, 2025 at 8:27 pm

    Higher tariffs boost American manufacturing that was suppressed by high tariffs of other countries. Lower the foreign tariffs and the domestic tariffs can be reduced equally, This part is not rocket science. It’s not even crayon science, Junior,

      Danny in reply to henrybowman. | April 3, 2025 at 2:05 am

      Thinking like that helped start the depression.

        CommoChief in reply to Danny. | April 3, 2025 at 7:52 am

        The great depression was caused by an asset bubble that popped. Then compounded by the missteps of govt policy. The agricultural sector (far larger then) was already getting hammered post WWI as export prices fell with an end to the war. The far too easy access to credit fueled a speculative bubble across our economy. Another factor was refusing to reset price of gold to market conditions v pre WWI prices when the worlds gov’ts reintroduced the gold standard. Churchill in particular really effed the UK economy with his blunder in ’25 when in charge of UK Treasury.

        The Fed reserve (under a brand new chair) in the wake of ’29 crash imposed stringent ‘real bill’ doctrine in the wake of the ’29 crash. Banks were required to attest they hadn’t made any ‘speculative’ loans to get access to Fed credit to temp reduce pressure of withdrawals …which was not possible b/c they had uniformly made ‘speculative’ loans. Instead of risking perjury roughly 1/3+ closed up and failed.

        Those initial failures spooked depositors at other banks which created a run across the board driving even more banks under. This led to widespread distrust of banks. Folks held onto their cash instead of spending or deposits in banks. Then came seizure of private gold and the fed govt defaulting on its currency debt and more distrust in gov’t and financial institutions which slowed the recovery with private capital in the form of ordinary deposits being reduced and unavailable to lend.

        Way too over simplified but that’s the big picture of the great depression. Lots of.factors but the common element is dumbass gov’t policy by bureaucrats who believe they know better than an actual free market.

inspectorudy | April 2, 2025 at 4:50 pm

It has been a little over 60 days since Trump was sworn in and there are some worthless Rs that can’t give his programs a chance to work. They are beneath contempt. Why not give him enough rope to either hang himself or save the country? Why do the traitors not give him a chance? In poker, the ones who master the game are the ones who know human nature and how to use that knowledge. Trump is a master and these clowns haven’t a clue.

    midge.hammer in reply to inspectorudy. | April 3, 2025 at 8:54 am

    A. They don’t want to save the country.
    B. They for damn sure don’t want Trump to save the country, given the credit he’ll take.
    C. As long as they stand in the way, they get to claim it’s neither A nor B driving them to do so, but a desire to “protect democracy” or some such B(elief) S(ystem).

Programs? Like what? the dumass tariffs?

    CommoChief in reply to tjv1156. | April 3, 2025 at 10:26 am

    Great! You seem to understand that EVERY Nation should junk it’s tariffs and other impediments to free trade like imposing VAT on imports.

    Since the Trump Tariffs are largely reciprocal (less than in fact) then all another Nation must do to avoid the USA imposing barriers to its trade is remove the pre existing barriers those Nations have had in place for decades. Then we can get far closer to a free market without protectionist barriers to imports or subsidies for domestic production.

      midge.hammer in reply to CommoChief. | April 3, 2025 at 11:16 am

      Nope — it demonstrably understands nothing, beyond “Orange Man Bad.”

      Smelling Musk
      Seeing Orange
      Touching itself
      Hearing itself speak
      Tasting… defeat.
      >> Its five senses.