Trump doesn't even know the tariff he wants to impose on 56% of the world(BRICS)

[fruktik]

Does he even know anything? It seems like he's just playing with words and thinking that he's a "great" politician who can influence the entire world. But Trump forgets that other countries are not standing still in their development and can also dictate terms. For example, take the EU, which has become a fairly confident union in recent years. It can set an example not only for the States, but for other countries as well. While the red-haired old man is chatting, the EU countries are doing things and are quickly building up their potential in all areas.

[AirtelBuzz]

After the recent progress and successes of BRICS and the recent (17th) annual BRICS summit, held in Rio de Janeiro, Brazil the Emperor Wannabe Trump took to twitter with his usual silly rants. But it appears that he doesn't even know how much tariff he wants to impose on BRICS countries that are now 56% of the world population.

Nigeria was among the countries he threw random numbers on during his last statement on tariffs, this gives me more joy to see that my country has partnered with BRICs, trump will only keep bullying the American economy thinking he is doing that to other countries by imposing tariffs forgetting that there is an alternative which is BRICs countries. More harm to the US economy in future, they may probably not understand what he's doing to the economy now but in the nearest future when most of this countries in his list of tariff gets strong with the anti-american policies.

Actually all of the countries that are part of the BRICS have been slapped with an additional 10% tariff, I think it's complete madness on Trump's part. Indeed this strange person thinks that BRICS is supporting anti-American policies, for which he is putting more pressure on them to impose additional tariffs. Moreover, he also said that if any other country wants to join this organization, they will also be included in the same process without any exceptions. As far as I know Iran was attacked before and Palestine was attacked and even the BRICS condemned this hateful person maybe he had planned from then on that they would have to pay additional taxes.

[Haunebu]

Trump is a dumb clown elected by the Americans to bury their own country in any way possible and their plan seems to be working. BRICS probably doesn't really care about his stupid threats since they already know that he is a weak president who just talks big.

Just Russia and China working together alone could pose severe issues for the USA in the long run. He should just stick to arguing with his current boyfriend(Musk) instead.

[retreat]

Trump is increasingly issuing unreasonable regulations against countries that are not pro-US. Recently, my country was imposed a 32% tariff increase because it became a full member of BRICS and it was said that it would be increased if my country opposed it. This high tariff will only be lifted if my country makes a large investment in America. It's just funny, because my country is a developing country, and so far it has even expected investment from America. But now America is expecting investment in return from developing countries.

Over time, Trump has become like a bully, and it is very natural that now more countries are leaning towards BRICS because its goals are clearer and members synergize with each other to build the economy and various other more beneficial goals.

[PremiumcryptoHub]

Trump is increasingly issuing unreasonable regulations against countries that are not pro-US. Recently, my country was imposed a 32% tariff increase because it became a full member of BRICS and it was said that it would be increased if my country opposed it. This high tariff will only be lifted if my country makes a large investment in America. It's just funny, because my country is a developing country, and so far it has even expected investment from America. But now America is expecting investment in return from developing countries.

Yes, it is indeed true that this is the person who has imposed unreasonable tariffs against countries that are increasingly not pro-American. It has already been mentioned here that he has threatened to impose an additional 10% tariff on the BRICS countries. In addition the current controversy is that he has asked Brazil to pay a 50% tariff but the reason for this is that he made this decision due to political vendetta. The reason he is putting so much pressure on Brazil is because of his ally, that is the right-wing leader of that country who was facing a case so once you imagine how hateful he is.

Over time, Trump has become like a bully, and it is very natural that now more countries are leaning towards BRICS because its goals are clearer and members synergize with each other to build the economy and various other more beneficial goals.

It is reasonable that more countries are now turning to the BRICS, mainly because of this process that Trump has become angry and is putting additional pressure on them, his main goal is to make them pro-American. Perhaps this week many more countries have joined this group, and even more than eleven countries are now members.

[philipma1957]

Trump is increasingly issuing unreasonable regulations against countries that are not pro-US. Recently, my country was imposed a 32% tariff increase because it became a full member of BRICS and it was said that it would be increased if my country opposed it. This high tariff will only be lifted if my country makes a large investment in America. It's just funny, because my country is a developing country, and so far it has even expected investment from America. But now America is expecting investment in return from developing countries.

Over time, Trump has become like a bully, and it is very natural that now more countries are leaning towards BRICS because its goals are clearer and members synergize with each other to build the economy and various other more beneficial goals.

Yes, it is indeed true that this is the person who has imposed unreasonable tariffs against countries that are increasingly un-American. It has already been mentioned here that he has threatened to impose an additional 10% tariff on the BRICS countries. In addition, the current controversy is that he has asked Brazil to pay a 50% tariff, but the reason for this is that he made this decision due to political vendetta. So you can imagine how despicable a person it is to want to put Brazil under the most pressure possible by filing a vindictive lawsuit against the right-wing president of Brazil.

  My USA coffee prices went from $5.00 a bag to $10.29 a bag.
I was lucky I stocked up and have about a six month supply.
I was lucky I got a hybrid last year before he won. My car was 40k last year this year it is 44K.

[shield132]

I believe that sanctions, tariffs and similar things were more feared in the past years. I remember how people were talking that the USA can dive any country with economic sanctions because it's the most powerful country in the world but recent times showed us that sanctions don't do much, it's very easy to bypass them. I have a few relatives in Russia and as they say, while things aren't as good as it used to be, it's not much worse either. In other words, life continues with slight discomfort despite the sanctions.

I believe that this act of Trump only shows how weak tariffs and such things are. It looks like threatening people with a fake gun that looks like a real gun.

My USA coffee prices went from $5.00 a bag to $10.29 a bag.
I was lucky I stocked up and have about a six month supply.
I was lucky I got a hybrid last year before he won. My car was 40k last year this year it is 44K.

I remember the good old days when I was ordering things from the USA and getting them shipped in my country. I was regularly buying ON whey protein powder for $65 since 2017 to 2022, if I remember correctly. Then the price went up and it's not worth it for me to buy it. I was also regularly buying creatine and fragrance from the USA but prices have gone so up that I gave up on it

[EarnOnVictor]

I believe that sanctions, tariffs and similar things were more feared in the past years. I remember how people were talking that the USA can dive any country with economic sanctions because it's the most powerful country in the world but recent times showed us that sanctions don't do much, it's very easy to bypass them.

Bro, let's take it one after the other.

The US is a very powerful country, but when it comes to tariffs, the effect is almost mutual, unless the country the US is threatening with tariffs has a deepening economic relationship/reliance on the US. Note that Tariffs are not an economic sanction in most cases. Had it been the US wanted to use its political and economic position to sanction a country, it could have been severe, but the issue of tariffs is different.

Also, a tariff targeted against a country will be more fearful to the country than a tariff that is tyrannically being targeted at virtually all countries of the world (like Trump's). This looks like a joke, and in the end, it is a shared burden that causes countries to look for alternatives. Even at that, many countries would rethink their relationship with the US and realign with the others by reshaping their dependence on the US as much as possible, and we've seen it in many countries now.

This brought me to the last point. Regardless of the position of power the US think it occupies in a trade war, no country has the monopoly of tariff weaponisation, the effect bites both countries, whether in money realised or in scarcity that it would cause in their country, thereby increasing inflation and bringing about other unpleasant chain effects.

[As-Soon-As]

Dow futures drop nearly 200 points after Trump slaps 30% tariff on Mexico and the EU: Live updates
U.S. equity futures slid on Sunday evening as Wall Street contends with continued tariff risks and second-quarter earnings on deck.

This is a real example of how Donald Trump hurts himself when he imposes tariffs on any country. Such a situation arose yesterday when he imposed 30% tariffs on Mexico and the EU and immediately their Dow futures fell by almost 200 points.
This is a fitting punishment for the Americans because Trump is responsible for weakening his own country economically. The more tariffs Trump imposes on other countries, the more his own country will face threats.

[DanWalker]

Over time, Trump has become like a bully, and it is very natural that now more countries are leaning towards BRICS because its goals are clearer and members synergize with each other to build the economy and various other more beneficial goals.

It should be noted that the US has been a bully for decades, not just under Trump. No matter who becomes president, the United States will never stop bullying the world in one way or another. If not tariffs, then sanctions, embargoes or attempts to create war...It's just that Trump's approach is more extreme and direct, making people see the true nature of America more clearly. But that's also a good thing, because thanks to Trump, the rest of the world has more incentive to reduce its dependence on the US.
Although the taxed countries are going through hardship, this is also an opportunity for them to escape the US dictatorship.

[pooya87]

This high tariff will only be lifted if my country makes a large investment in America.

He is literally asking for ransom! He basically wants to take your country's economy and its people's livelihood as hostages and claims he'll release them if you pay. Like all hostage situations, you don't even know if he'll release the hostages even if you pay him.

These days more of the world is realizing the Emperor is naked though... Which is why BRICS and others are growing fast

[retreat]

This high tariff will only be lifted if my country makes a large investment in America.

He is literally asking for ransom! He basically wants to take your country's economy and its people's livelihood as hostages and claims he'll release them if you pay. Like all hostage situations, you don't even know if he'll release the hostages even if you pay him.

These days more of the world is realizing the Emperor is naked though... Which is why BRICS and others are growing fast

They (the US) already have Chevron, ExxonMobil, Freeport, and Newmont, who have been extracting my country's resources for decades without any major return to the country's economy. Yet they still want more from my country... it's like they are trying to extort more by using their power. It's a clear abuse of power against developing countries.

And not only that, until now they have also sent proposals to use my country's military bases to maintain the stability of the Southeast Asian region. Even now they continue to increase co-operation exercises, but the funny thing is that when my country wants to buy fighter aircraft from Russia, they come up with new sanctions threats if the agreement is still carried out. They offered a solution to cancel the sanctions only if my country buys F-15EX & Rafale.

So by looking at this fact, it is clear that this is not just a threat anymore, but America really wants to intervene in my country's economy, politics, and military. So my country's decision to become a full member of BRICS was right because America's intention to control my country was obvious.

[Fiatless]

They (the US) already have Chevron, ExxonMobil, Freeport, and Newmont, who have been extracting my country's resources for decades without any major return to the country's economy. Yet they still want more from my country... it's like they are trying to extort more by using their power. It's a clear abuse of power against developing countries.

And not only that, until now they have also sent proposals to use my country's military bases to maintain the stability of the Southeast Asian region. Even now they continue to increase co-operation exercises, but the funny thing is that when my country wants to buy fighter aircraft from Russia, they come up with new sanctions threats if the agreement is still carried out. They offered a solution to cancel the sanctions only if my country buys F-15EX & Rafale.

So by looking at this fact, it is clear that this is not just a threat anymore, but America really wants to intervene in my country's economy, politics, and military. So my country's decision to become a full member of BRICS was right because America's intention to control my country was obvious.

If the current government of your country resists the US push to control the economy of your country, they might end up sponsoring opposition political parties to take over power. If this plot fails, your country should be ready for a coup or internal political conflict.

It happened in my country when a leader decided to nationalise all the multinational corporations that were used to exploit our resources. It is on record that a developed country sponsored a coup that led to the death of our political leader. To date, we are still mourning his death because he was not corrupt and had good plans for my nation.

The US wants political leader who are their puppets to take over power in developing nations to enable them to exploit their resources.

[justdimin]

The US is a very powerful country, but when it comes to tariffs, the effect is almost mutual, unless the country the US is threatening with tariffs has a deepening economic relationship/reliance on the US. Note that Tariffs are not an economic sanction in most cases. Had it been the US wanted to use its political and economic position to sanction a country, it could have been severe, but the issue of tariffs is different.

Plus, the difference is that if USA does this, the whole world could get together and trade with each other, whereas USA would be isolationist nation that doesn't deal with anyone else. USA can't produce everything all by themselves, so they will still need other nations, and would pay more thanks to tariffs, whereas all other nations could just use each other.

Is it better to have Americans buy because they are a rich nation and selling to them would be great? Sure, but does it mean our nations will bankrupt without USA? Absolutely not, I mean economy all around the world sucked even before trump obviously, like 2008 and so forth, but we will be just trading with each other and we won't be facing that much of an issue.

[Muba20]

This high tariff will only be lifted if my country makes a large investment in America.

He is literally asking for ransom! He basically wants to take your country's economy and its people's livelihood as hostages and claims he'll release them if you pay. Like all hostage situations, you don't even know if he'll release the hostages even if you pay him.

These days more of the world is realizing the Emperor is naked though... Which is why BRICS and others are growing fast

Trump has definitely demanded some kind of invisible ransom to strengthen his country's economy. If that ransom is not given, then that country will definitely suffer. Surely this kind of behavior is a kind of attempt to direct force. Most people in the world thought that America was a country that was a model for other countries, especially in terms of economics, human values, and human rights, and was considered a role model by everyone. People are gradually seeing their true colors.

They talk about democracy but for their own profit they will surrender to dictatorship. They have been talking about the much-discussed free trade but now they want to impose a ransom by imposing a law. And when they talk about human rights where they will have profit but if there is no profit, they have no headache about it. If necessary, for the sake of profit, they will declare war unjustly and call it a successful war and legitimize that attack. The real face behind their mask has come out.

What surprises me the most is that they do not hesitate to lie directly to the world. Trump gave 2 weeks before bombing Iran, but he bombed 2 days later without informing anyone. Here the weakness of the Americans has been revealed. It can be said for sure that the world is no longer able to trust the one-sided pressure as before, they now want independence. The rapid growth of the BRICS is a visible proof of this situation.

[Popkon6]

In addition to 35% tariff, US demands 40% local value addition for 'Made in Bangladesh' goods
RMG industry insiders fear that if the 40% threshold is not relaxed, Bangladesh’s woven export sector could face significant setbacks in the US market

Source link: https://www.tbsnews.net/economy/addition-35-tariff-us-demands-40-local-value-addition-made-bangladesh-goods-1185991

My country is a developing country, but it has not been spared from the US tariffs. The way they are imposing tariffs on other countries will definitely cause huge economic losses to the US economy. The current trade deal that Donald Trump has started is definitely the biggest threat to his country, because other countries will never maintain trade agreements with the US under such pressure, so the chances of this agreement being concluded with any other country will be the highest.
But Donald Trump has started acting crazy, haha, which is funny for Donald Trump but a threat to the country. As a result, Donald Trump has started digging a big hole for himself, into which the US economic market will likely fall quickly.

[AirtelBuzz]

As a result, Donald Trump has started digging a big hole for himself, into which the US economic market will likely fall quickly.

Maybe he doesn't care about this because he's doing everything blindly. In the meantime we can see that he has threatened 100% tariffs on countries that are allied with Russia, that is countries that trade with this country, Then you judge how disgustingly he is behaving. He may always be looking for excuses because right now he is giving Russia an ultimatum to stop the war in Ukraine. In my opinion maybe this is a good thing for him because he wants to stop the war. However at this moment Russia finds his ultimatum unacceptable, meaning it can be said that they will not stop the war with Ukraine.

So if he makes his tariff threat a reality, the economies of all countries that trade with this country could certainly suffer in this situation we can see that some countries in the Middle East, Asia and South America also trade directly with this country. It is indeed noteworthy that some Asian countries trade with them in oil and South American countries trade with them in fertilizer. As far as I know there are some countries on this map that are related to Russia that is, their economy so of course they might be affected too.
 
Trump threatens countries that do business with Russia with 100% tariffs

[Fiatless]

Actually all of the countries that are part of the BRICS have been slapped with an additional 10% tariff, I think it's complete madness on Trump's part.

Trump just threatened to place 10% sanctions on BRICS nations, but he has not done that. I don't also think he would dare that because it will be devastating to the US economy.

Indeed this strange person thinks that BRICS is supporting anti-American policies, for which he is putting more pressure on them to impose additional tariffs. Moreover, he also said that if any other country wants to join this organization, they will also be included in the same process without any exceptions. As far as I know Iran was attacked before and Palestine was attacked and even the BRICS condemned this hateful person maybe he had planned from then on that they would have to pay additional taxes.

It is Trump who is anti-American. Citizens are facing an increase in the price of goods because of this tariff war. BRICS will continue to expand because more countries have begun to feel the impact of Trump's imperialism.

[As-Soon-As]

US Tariff Aftermath: Indonesia Can Lose Its Palm Oil Market to Malaysia

In his new round of tariffs announced last week, US President Donald Trump decided to keep the import duties on Indonesian goods unchanged at 32 percent. Trump, however, decided to raise the levy on Malaysian imports by a percentage point in his poorly formatted letter. Even so, what Malaysia gets is still much lower at 25 percent.

Indonesia and Malaysia account for 80 percent of the total global palm oil production. The United States also buys palm oil from these two ASEAN countries. While there is still time for negotiations until August 1, the Indonesian Palm Oil Association (Gapki) is keeping its fingers crossed that Jakarta will end up with a tariff lower than Malaysia.

[Iranus]

Trump just threatened to place 10% sanctions on BRICS nations, but he has not done that. I don't also think he would dare that because it will be devastating to the US economy.

The statement came shortly after BRICS leaders held a summit in Rio de Janeiro, Brazil. Trump made the threat via the social network Truth Social, but he did not mention a specific reason or when the tariffs would be imposed. That shows that this is just an empty statement by Trump, nothing more.

It is Trump who is anti-American. Citizens are facing an increase in the price of goods because of this tariff war. BRICS will continue to expand because more countries have begun to feel the impact of Trump's imperialism.

Many people theorize that Trump is a lackey of Russia and China, they put him there to sabotage America. LMAO.
It is clear that the American people were misled by Trump in the election into believing that he would deliver a strong economy, and now they are trying to blame others for their wrong choices by making dozens of assumptions.  

In fact, with or without Trump, BRICS will still develop and fulfill its mission because the US has been a bully for many years and the world has gradually realized that. Trump is just making it happen faster.