Sorry for multiple posts, but my points are different.
Impose tariffs on Denmark? Do you all know what we import from Denmark? Medication and medical devices. So that would further increase the cost of healthcare in the US. He already signed an executive order to undo the $35 insulin cap for Medicaid recipients. He is actively raising healthcare prices.
There is no way to impose tariffs on Danish goods. We’re part of the EU, and the inner market, so we’ll just send the goods from some other EU country. So any tariff on Denmark would have to be a tariff on EU.
Not “Grab them” but “Grab the US consumer”. Tariffs raise prices inside the USA. The target country only loses by being less competitive in the US market.
Trump wants to raise import taxes on goods from everyone, so only US goods are competitive. Trouble is the US has exported a bunch of manufacturing so it must import.
…that were fooled by the oligarchy into believing in things like trickle-down economics and that a white poor person is superior to a brown poor person.
Well, Trump isn’t something new. Everybody could see what he is in his previous term or before. There is also other media and social networks not controlled by oligarchy. Finding an excuse is hard, it’s not like - ouch, media is controlled. So again, stupidity, ignorance, greed and such.
Sorry for multiple posts, but my points are different.
Impose tariffs on Denmark? Do you all know what we import from Denmark? Medication and medical devices. So that would further increase the cost of healthcare in the US. He already signed an executive order to undo the $35 insulin cap for Medicaid recipients. He is actively raising healthcare prices.
Tariffs would only hurt both countries.
There is no way to impose tariffs on Danish goods. We’re part of the EU, and the inner market, so we’ll just send the goods from some other EU country. So any tariff on Denmark would have to be a tariff on EU.
You know what is from Denmark? Ozempic
It would hurt both countries, but Denmark can still sell their medication and medical devices to the rest of the world.
These tariffs in general are going to hurt Americans far more than anyone else.
Tariffs seem to be Trump’s go-to move nowadays. “Grab them by the wallet”.
Not “Grab them” but “Grab the US consumer”. Tariffs raise prices inside the USA. The target country only loses by being less competitive in the US market.
Trump wants to raise import taxes on goods from everyone, so only US goods are competitive. Trouble is the US has exported a bunch of manufacturing so it must import.
His voters still don’t seem to have figured out that just means things will cost them more.
it’s annoying that politicians don’t call it what it is: import tax.
Tariff wars alway hurt all involved.
Ozempic comes to mind. It’s still under patent, so I guess there’s no other source than Novo Nordisk in Denmark.
It’s also an integrated EU economy, so I’d assume the entire European single market would retaliate.
But yeah, he doesn’t care about or understand that. Or at least won’t until there’s active unrest in America over the crazy inflation and layoffs.
Yes, to add you cannot impose targeted tariffs on Danish goods, as these are typically traded within the EU before going to the US.
Do you think he cares?
That is very on brand for trump. Pissing off a former ally and messing up healthcare worse for “his own” country.
Wait he seriously undid the cap already??? Fucking for real?
Like I shouldn’t be surprised…
On Day One, iirc
Not like trump cares about that
It all makes sense when you accept that he’s been installed by our enemies to destroy the US.
No, actually he was installed by our oligarchs to destroy the country, so they can buy it for cheap. Just like last time!
You gotta make better enemies.
Actually he was installed by incredibly stupid, shortsighted and/or far right people in a process called democracy 🤷♂️
…that were fooled by the oligarchy into believing in things like trickle-down economics and that a white poor person is superior to a brown poor person.
When the media that people are shown is microtargeted and controlled by 2 billionaires who are buddies with Trump, you don’t have a democracy anymore.
Well, Trump isn’t something new. Everybody could see what he is in his previous term or before. There is also other media and social networks not controlled by oligarchy. Finding an excuse is hard, it’s not like - ouch, media is controlled. So again, stupidity, ignorance, greed and such.
Our
Enemies