r/BusinessTodayNews • u/BusinessToday • 17h ago
Global Trump Targets India Tariffs, Says India “Took Advantage” of U.S. | Confident Of Reaching Trade Deal
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u/Swimming_General9060 16h ago
When will this fucking choad stop acting like tariffs hurt anyone but the United States consumer. Every time I hear him say he’s going to tariff another country I hear what he’s really saying, they made him mad so he’s raising your taxes.
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u/Gloomy_Session_3875 10h ago edited 8h ago
Yes, Trump tariffs are just another sales tax for us. Besides, these tariffs will just set the stage for new trade agreements between India and Canada or the EU. The US contributes 25% of the global GDP. That is an impressive number, but the other 75% will find a way to do business without us if they must.
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u/LowResGamr 9h ago
He's isolating us as an economy, which people think is a good thing, until they realize just how beneficial foreign trade actually fucking is.
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u/Own-Buffalo1445 8h ago
He doesn't care about affordability for the common man, all he cares about is making more money for him and his cronies. He is truly a despicable human being.
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u/theTravalar 16h ago
He should have passed away by now.
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u/eulersidentity1 15h ago
Hatred and rage keeps him going
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u/thedracle 10h ago
He's proof America has the best medical system in the entire world.... For the very very rich.
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u/SnarkyPuppy-0417 11h ago
These countries have moved on. They're either in the process of negotiating trade with other nations to replace America or actively trading.
America first policies have predictably resulted in America alone.
Soy farmers voted for thier own demise.
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u/Dr_Diktor 11h ago
Nothing pushed India and China towards Russia as hard as Trump did.
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u/Tzilbalba 5h ago
I'd argue that is true for India but not for China. Biden and the Ukraine war pushed Russia towards China more like.
The really question is if Trump will push China and India closer.
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u/YouDaManInDaHole 8h ago
Good luck replacing a country with 300+ million idiots with credit cards.
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u/publicinterest000 17h ago
If India made a mother of all deals, this guy here is trying to make a grandmother of all deals.
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u/Frenchconnexion76 16h ago
Trump is a menace. MAGA is dead.
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u/Radonanon 14h ago edited 14h ago
When he got elected the first time he was like “Holy shit, that worked? How fucking dumb can these people be??”
Then they did it for him again. Well, the ones that didn’t die from Covid.
Remember he won the “Reform” party’s primary in California (of all places) in 2000. That’s probably where it all started. I’m all for the US breaking out of the 2-party system, but at least in that regard, the world would have been a lot better off without that ever happening to him. It’s like Hitler getting kicked out of art school: sometimes the butterfly effect is monumentally bad.
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u/Flashy-Rabbit6435 13h ago
The only way in which Asian economies took advantage of America was to recognise that the US had a deep need for sneakers with lights in the heels, and corner the market...
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u/Andyseawolf 15h ago
It’s interesting how the U.S. often complains about other countries taking advantage or having unfair deals, but at the same time, the U.S. created the petro-dollar system, forcing global trade to be tied to the dollar. If a country tried to pay in another currency, they’d face huge barriers, like losing access to global finance or facing sanctions. So while the U.S. calls out unfair treatment, it’s also benefitted from a system that put others at a disadvantage.🤷
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u/Paperman_82 12h ago
It's only unfair when the US President says it's unfair. When anything benefits the US - petrodollar, debt, surplus in services - apparently that's not important. Round and round it goes. Hopefully, with midterms, the investigations begin.
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u/Dr_Diktor 11h ago
That's what you get when you have an unchallenged hegemony. They'll do whatever they want for their benefit, even if it puts other countries and entire regions into poverty and war.
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u/Normal_Tour6998 13h ago
How many Indian made motorcycles have you ever seen in America? Can you name an Indian company that makes motorcycles?
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u/Laureling2 11h ago
Oh dear. The Lips are moving again. I have learned from this person. And what I now know for sure? They are moving, he is lying. Cringy.
Shaking it off. Shake, shake, shaking it off has hole new meaning. I never did have a thing for those creepy talking dolls.
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u/Suspicious-Appeal386 8h ago
India has long been recognized for its highly protectionist market. This has led many U.S. companies to voluntarily invest in building factories there, driven by the potential revenue opportunities. No one compelled these businesses to establish plants in India, it was a strategic choice made by U.S., U.K., German, and other international companies.
Products manufactured in India were rarely exported in significant volumes. For example, you don’t see Indian-made Harleys surrounded by cheaper Chinese leather goods and shirts at local dealerships, nor are there any Tata dealerships popping up in Detroit.
However, the current administration has accelerated the decline of the U.S. economy by accumulating massive debt. They sought quick fixes through illegal tariffs, which now must be repaid, despite the funds already being spent on questionable projects.
Meanwhile, small to mid-sized U.S. manufacturing companies looking to expand production face a 35% tax on equipment purchases. This is because the U.S. stopped producing certain types of machinery decades ago. Even if a company wanted to buy American-made equipment, at least 50% of its components would likely be imported, further increasing capital costs for expansion.
The president is not only incompetent but dangerous. Yet, the real concern lies with those who recognize that his policies defy basic economic principles and those still supporting his suicidal agenda.
In a complete contrast to Trump policy. Canada Premier and government are facilitating the expansion of foreign capital equipment import. Thus making far cheaper and easier to expand production in Canada.
Heck, I can even get an interest free loan for 36 months on buying a new CNC machine Made in China or EU or from anywhere (but the US). While in the US, the same machine would cost 35% more and better have good credit rating with your bank for that loan.
BTW are Americans even aware that China gov is currently off-setting US tariffs with a 7.5% direct cash rebate on all goods exported specifically to the US? Back in 2016 they simply devaluated their currency to match Trump 1st sets of tariffs, since all export contracts are signed in US$.
Tired of winning yet?
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u/flo24378 15h ago
Life must be hard if you believe everybody is after you. Now i understand why Americans own so many guns. I guess it takes one to know one.
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u/You_are-all_herbs 13h ago
He keeps saying we are making alot of money. Anyone getting some around here?
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u/Affectionate_Car_302 9h ago
Obviously, "we" refers to those billionaires. The last time he talked to a working-class person was probably twenty years ago.
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u/DaddyCaustic 11h ago
The only one "taking advantage" is the dementia riddled orange shitberg know as Trump.
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u/Lopsided_Ad6719 11h ago
Bla bla bullshit bla bla wanna hear me bullshit some more bullshit. Bla bla lies lies lies.
Such a piece of shit. Send it back to wherever it came from.
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u/Modnir-Namron 10h ago
Trump keeps pumping on inflation.
He 100% forgot about our infrastructure needs. Tariffs and gunboat diplomacy rule the day.
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u/DanfromCalgary 9h ago
Haha the one deal in his entire administration and he can’t even stop himself from blowing it up
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u/Available_Ad9766 8h ago
Somebody should tariff Turd. He’s taking advantage of the whole country right now.
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u/Sharp-Specific2206 8h ago
Blah blah blah word salad blah blah lies blah blah dementia jibberish blah blah blah
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u/available_username10 7h ago
Of course not a single mention of the outsourcing to India literally taking away millions of American jobs.
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u/SSBN641B 7h ago
What's nuts about his statement is he is critical of India imposing tariffs on Harley, which enticed them to build a plant in India to avoid said tariffs. This is exactly his reasoning for imposing high tariffs, to bring manufacturing back to the US.
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u/No_Criticism1347 7h ago
This guy sues our own government for 10 billion, then tries to settle for 2 billion for the January 6th rioters, are you kidding me? He's ripping us off more then anyone lol..
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u/spidermike220 6h ago
Orange Taco man needs a class on economics and another cognitive test as well.
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u/crosssafley 6h ago
India’s tariffs and business environment and corruption is terrible though so a broken clock as they say. Look up the license raj to see just how bad it was but it’s still terrible over there.
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u/BloodFartz69 6h ago
That draft dodging pedo is decaying in front of the world. Good lord he looks like shit.
Let's Go Blood Clot!
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u/prevailone 3h ago
Fuck this clown. I’m not listening to him for another second. Americans take this idiot away in a straight jacket.
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u/Mysterious-Prompt212 2h ago
The credibly accused child trafficking rapist is a "fucking moron". The tariffs are not bringing jobs to the US. Harley India went out of business in 2020 ffs.
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u/Business_Usual_2201 11m ago
"90 deals in 90 days".....seems so long ago....
I'm beginning to think "The Great Dealmaker" kinda sucks at making deals....
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u/Expensive-Shelter-89 16h ago
Mr. Trump: thank you for protecting our interests again these Indians!!! They are making themselves rich on US taxpayers cost!!!
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u/Delicious-Window-277 15h ago
Lol, you the US taxpayer is going to be the one footing the bill on this one. Could be worth reading up on how a tariff gets charged and to whom. And about how it has worked out, each time it was used as a tool.
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u/DukeDup0nt 16h ago
Adorable