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Aussie105

(7,527 posts)
1. How to make penguins hate you as well.
Wed Apr 2, 2025, 10:08 PM
Apr 2025


"The uninhabited Heard and McDonald Islands, an Australian territory in the sub-Antarctic Indian Ocean, were hit by a 10 per cent tariff on all their exports. It is unclear what impact that will have on the penguins that live there."

https://www.msn.com/en-au/news/other/donald-trump-liberates-americans-from-their-retirement-savings-with-tariff-gamble/ar-AA1CbeSO?ocid=msedgdhphdr&cvid=02f6d10a175246519e2c39ce916a768a&ei=40

Obvious problems for the future are that there will be more unemployed people paying no tax due to DOGE, and shop prices going up due to tariffs. The resulting poverty may not be genteel for a lot of people.

Add to this the businesses that will come back to America, according to Trump, currently have no local infrastructure, no factories and most likely no trained staff.

That will all take years to establish, and they will all suffer under the yoke of tariffs while doing so.

From th same source:

“Keep in mind, this is a gigantic experiment like we’ve never seen before. On paper, it looks great to the President… But keep in mind, people have got to come over here and build factories and that takes years. And there is a lot of uncertainty,” said Steve Doocy.

And Trump won't be around long enough for those industries to fire up, what are the chances the next administration will back away from tariffs, making local production unable to compete?
What business wants to take those risks?

Recommendations

5 members have recommended this reply (displayed in chronological order):

How to make penguins hate you as well. Aussie105 Apr 2025 #1
Rachel did a good job reporting this tonight Bayard Apr 2025 #2
probably some idiotic intern drray23 Apr 2025 #20
Ha! Take that, penguins! tanyev Apr 2025 #3
Love the slap. This post is even funnier now underpants Apr 2025 #5
Haven't seen that in over a decade and it was so frequent 20 years ago. . . . nt Bernardo de La Paz Apr 2025 #14
OMG 😳 Should we laugh or cry? Deuxcents Apr 2025 #4
Neither. Aussie105 Apr 2025 #6
Prepare for recession IronLionZion Apr 2025 #10
Depression 2.0 Blue Full Moon Apr 2025 #12
The fact that this is somehow not The Onion says it all. The incompetence is without bounds. We can't survive 4 years of Karasu Apr 2025 #7
Penguins have taken advantage of us for too long IronLionZion Apr 2025 #8
Considering the trade surplus the Penguins have with us rpannier Apr 2025 #11
stupid is as stupid does mdbl Apr 2025 #9
Russia was not on the list of tariffs. Afghanistan got a lower rate proportionally than any country. . . . nt Bernardo de La Paz Apr 2025 #13
My grandma would say, "Jesus, Mary, and Joseph! What's he playin' at!" KitFox Apr 2025 #15
Say something that says you're of Irish stock without using the word Irish Maeve Apr 2025 #18
No fear of reciprocal tariffs I suppose . . . . . . no_hypocrisy Apr 2025 #16
You hope IronLionZion Apr 2025 #17
Those damn penquins have abused the United States for decades!! Bengus81 Apr 2025 #19
Other locations subject to trump's tariffs LetMyPeopleVote Apr 2025 #21
"About G--damn Time somebody taught those penguins a lesson!!!!" Jack Valentino Apr 2025 #22
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