India gets its turn on the Trump tariff train: 25% levy to start Friday Just as signs pointed to a slight easing in global trade tensions, US President Donald Trump opened a new front in his trade offensive, this time with a 25 percent tariff on goods from India. Trump took to Truth Social today to announce his tariff, which will begin this Friday on August 1. The US president justified the move …
In case you didn't noticed, BRICS is not ideology based. Any country will be accepted if they intend to do just business without imposing democratic values or obligation to adhere to "world rule-based order". It's for countries that do not want to be bullied by US. Heck, even US can join it if they would be an honest country.
This is in the same line with the confiscation of Russian assets in US/EU banks. From now on, a lot of governments will think twice (as in, no thank you very much!) before investing in US dollar and doing business with Western banking system.
As a US administration official said on camera, in a few years US will no longer be able to sanction foreign countries.
The stupid thing is tariffs only work if they are targeted. You can protect an industry by targeting a tariff as long as you are willing to put up with the inevitable price increase it brings. You can punish a country with tariffs, but only if you are targeting them at that country.
Putting tariffs against the entire world for everything won't achieve these goals. If every country has 15%+ tariffs, then US importers can't use threatening to go somewhere else as leverage to get a discount, since the seller knows that everywhere else has the same or higher tariffs. The importer just has to pay, or go without the product. Either of these options reduces consumer choice in the US and puts up the price reality for that product. Then domestic producers who see their demand increase while foreign competition is priced out can just jack up their prices and cash in.
The trump tariff policy only makes sense if the objective is just to collect as much revenue as possible, while ignoring the fact that that revenue is coming out of the pockets of US importers and pushing up prices for US consumers.
>Canada are back on his naughty list because they support recognising a Palestinian state
But were previously on the naughty list cos Melania drooled over JT and then cos Canada was the source of 0.00001% of US fentanyl
And of course the Canadians are very bad people, very bad.
Then India supplies 'phones, gets tarrifed.
Is DT trying to corner the 'phone supplier slot?
Has anyone checked, last year did TrumpCo bring in a few palettes of old feature-phones and gallons (more) of goldy-looking paint to give them the right sort of off-bling colour that you expect from a Trump product (including the steaks!)?
Upcoming slogan: "Don't just speak it - TrumpIt!".
Could that be because the USA has been supplying military equipment to their main enemy for 70 years
Obviously as a muslim country with close links to Afghani freedom-fighters, the USA feels honor bound to be Pakistan's closest friend and ally. But that is likely to rather sour relationships with the former Raj when it comes to buying kit to fight Pakistan.
Of course the USA could sell the same fighters to both India and Pakistan, but that might be too français for the Donald
Trains generally start from a fairly sane useful point and arrive at a destination with some rational purpose.
More like a MAGA merry-go-round, crazy carousel or ratbag roulette.
Each day your nation is in the tariff lottery and what you "win" depends on what has got on Dear Leader's tits† in the previous 24 hours but don't despair, like his latex cheques it's post-dated and with his Mexican food addiction it will inevitably be taco'd.
† I suspect not entirely figurative. He certainly behaves like a rancid old hag playing ins and outs with her will.
Trump just said some new stuff about India and Russia :
https://www.forbes.com/sites/siladityaray/2025/07/31/trump-lashes-out-at-india-and-russias-dead-economies-and--responds-to-medvedevs-war-threat/
“I don’t care what India does with Russia. They can take their dead economies down together, for all I care.”
And there are sanctions on some India companies cos of oil trade with Iran.
Sounds like negotiations are over and Trump wants India to join Russia (and China, even if India has problems with China).
Even worse! He realizes president Putin doesn't care about what president Trump thinks or does. The difference between the two is that while Putin is really leading Russia, Trump is not the one leading USA, he is being led (or maybe lied ?!) by some other people in his Dept of State.
After a certain point, when the tariffs begin to prevent importers from brining in desired goods, it begins to have the same effect as sanctions on your own country.
Agent Orange at work. Making the US more like Russia every day. With leadership like this, who needs enemies?
"Ever since Trump's 'Liberation Day' we've been advising clients to just wait, watch and see what happens,"
And watch... And see... And watch... And see...
Think of a number... Double it... Add the day of the month... Factorise Pi to 749 decimal places... If Tuesday, take away the number you first thought of...
The Register 
Biting the hand that feeds IT
Copyright. All rights reserved © 1998–2025
