A few months ago, the president decided he would apply tariffs to movies. This is illegal and impractical, and was ignored. Until now. He’s decided he wants a 100% tariff on all movies made outside the USA. There’s no idea of how to even try to apply this, but he’s the president. The establishment of the USA is still very much in thrall to their senile dictator and his acolytes who are destroying the country.
It was a busy day for tariffs. He’s also decided to impose tariffs on any country which does not buy its furniture from the USA. National security, apparently. There’s a full schedule, dealing with upholstered furniture, kitchen furniture, etc.
This seems to be a response to a spate of closures of furniture manufacturers in the USA, who are dealing with enormous and unpredictable tariffs from their supplier, as well as a collapse in domestic consumer confidence. Not to mention JD Vance’s sofa hobbies.
Then there’s the new 25% on all truck imports. Or the 100% on all medication. The medication thing will be suspended if the countries start building factories in the US by the end of the week.
These are going to make everything more expensive for people in the USA, with no benefit to their own industry. Most likely, they also break the “deals” that have been cobbled together over the last few months.
How long can this go on?