- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Among the reciprocal tariff levels Trump announced:
China: 34%
European Union: 20%
South Korea: 25%
India: 26%
Vietnam: 46%
Taiwan: 32%
Japan: 24%
Thailand: 36%
Switzerland: 31%
Indonesia: 32%
Malaysia: 24%
Cambodia: 49%
United Kingdom: 10%
Rest of the world: 10%
“The corporations own the government” made sense for a while, but Trump has done enough to hurt said corporations lately that I’m actually starting to question that idea (it’s definitely true for the majority of Democrats though). The only real reason I can think of where it would make sense to do stuff like this is to cause a crisis making it easier to abuse power later on.
It’s mercantillism, a well studied subject.
The corporations thought they own the government. They bought Trump into the White House. They should have known that he is mad.
Nope they should have realised that even though they “own” this government, the president is communicating with a foreign server they don’t own.
The owners of the corporations own the govt. They are loyal to no company and no country. They can take their money anywhere, but so long as they are in the us they would prefer that the tax burden be shifted onto the people and off of them, with as few restrictions as possible on their own behavior.
The owners are still quite happy with trump. It’s all of the littler con voters who are hopefully now reconsidering their vote.
Yeah remember that the billionaires got richer during the economic cooling caused by covid