This Asshead President: He’ll Deport You, Crash The Stock Market, Kill Us All. Tariffs Lead Markets To Plummet.

In an effort, apparently, to recreate the imperial economy of some age he certainly never informed himself about, Donald Trump just slashed more departments that fight avian flu, that work to stop Alzheimer’s, that test new drugs and investigate their side effects — and then went on to install a slate of new large tariffs against 85 nations, including a 34% on China, 46% on Vietnam, 49% on Cambodia (he seems to really hate those Asian countries, doesn’t he?), to 24% on Japan, 20% on the EU, and a head-scratching 73% on the French island of Reunion.

Mexico and Canada are missing from the list, since they have already been threatened and continue to be under Trump’s sword if they do something he doesn’t like. Meanwhile, we see a tariff of 41% on the Falkland Islands, which we helped liberate some decades back. But that 73% on Reunion is really nonsensical, we think someone is dyslexic in Trump’s office, and simply wrote it backwards, because most of the new tariffs are half that nation’s tariff on US goods. This one, instead, is twice what Reunion imposes.

Many of these new tariffs increase the burden these nations’ exporters were already under, and China, for example, now has an effective tariff of 54%. 

The U.S. stock market responded warmly to this new scheme to destroy the economy, crashing downwards over 1,000 points today. Things look great.