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Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar (apnews.com)

submitted 11 months ago by TheKetchupSong@lemmings.world to c/world@quokk.au

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His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.

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[–] I_Miss_Daniel@lemmy.world 1 points 11 months ago (1 children)

I'm not so sure.

It's free money for the government isn't it? If he's all about greed or grift, then isn't it the more the merrier?

Disclaimer: I'm not from USA, I'm watching from the other side of the world.

[–] DragonTypeWyvern@midwest.social 3 points 11 months ago

Raising the income tax to 100% might also give you a brief surge of revenue before people start starving and then burning things.