Donald Trump has threatened to place a 100 percent tariff on Barbie maker Mattel, after the company's CEO said it would continue to manufacture outside the U.S. but would be reducing its reliance on Chinese imports.
"I've heard [Mattel] said: 'Well we're going to go counter, we're going to try going someplace else,'" Trump said in the Oval Office on Thursday. "That's OK, let him go, and we'll put a 100 percent tariff on his toys, and he won't sell one toy in the United States, and that's their biggest market."
In an interview with CNBC on Tuesday, Mattel CEO Ynon Kreiz was asked whether it would be cheaper to relocate some manufacturing to the U.S. due to the tariffs, but responded: "We don't see that happening."
Genocides happening, tariffs are fucking over the global economy, Ukraine and Pakistan are getting attacked by fascists, yeah Barbie top of the triage list.
The sheer number of executive orders is in the ten thousands now I believe. Journalists reliably pick the scandalous and dumb shit while democracy is being dismantled.
Did you hear.. the leader of the world's largest pedophile club died. Then, the subordinate members sent smoke signals, and there is a new leader. Holy shit, he's American! Let's interview a guy who visited an ice cream shop 2 towns away from where he went to school.
Math books are going to get so complicated. "If Suzy, an 11 year old baby girl had enough money to buy 30 dolls, but then the price doubled due to tariffs, how many dolls can she buy now? Two, but they are a few dollars more."
She COULD afford 30, price doubles and she loses her job. She can now afford 2. And in 6 months she'll be the #2 black market importer of Barbies and #1 in arms smuggling.
The mattel CEO said they won't be moving production to the USA, but they might move it outside China if the tariffs becomes a big issue.
What this would be, is punishment for protected speech, given corporations are people.
So, although I don't really care about mattel, as a multi billion dollar corporation, it matters as it is further erosion of people's rights with little pushback while the constitution becomes more meaningless.
I'm convinced he just has a vendetta against the American system. He's been raised with the connotation that America is out to get him. Failed businesses, failed casinos, failed non-profits. NO! It's the system that's fucked up, not ME! A tyrannical dumbass that can't accept failure and realize his own issues. He instead blames it on everyone else. Well guess what, he's in charge and going to game the system in his favor now, or take it down trying.