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.
Wait! He’s putting a tariff on upholstered furniture? Has anyone told the vice president, yet?
Probably not
JD is going to be slumming it at Rooms 2 Go
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
Wonder if we’ll see more or less Ozempic ads now.
Whee, another round of tariff roulette!
Even a pinko like me understands that everchanging random rules ain’t good for business.
1000% terrifs on Lemmy comments federated from other countries, because DougHolland made fun of me, Mr trump
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.
Ugghhhh. I guess I don’t wait on the Ikea cabinets I had budgeted for December then?
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.
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.
Western Star
Didn’t the courts just rule this asshole had no power to establish tariffs?
Well see you have to remember this is a matter of national security. It is an emergency of such immediate necessity he couldn’t ask Congress which both parts of are majority Republican, to just write it into law so it were done properly.
Bro, the king is immune to the law. Who cares what the courts say? Literally. Lmao.
Was that settled or is it in challenge status? I’ve seen no rebate of tarriffs going to the rich people that didn’t pay them yet.
It’s like you can hear D.T. hanging with his rich buddies…
“You know, Im thinking of getting into the kitchen cabinet making business, but I don’t think I’ll be able to turn a profit with all the competition.”
“Here, hold the bong and let me make some calls.”
