this post was submitted on 06 Apr 2025
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Explain Like I'm Five

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What exactly are tariffs and how do they work? (lazysoci.al)
submitted 1 week ago by CheeseToastie@lazysoci.al to c/explainlikeimfive@lemmy.world
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I have 0 maths or economy skills, so I do need it explained like I'm 5. They're in the news a lot atm but I just don't understand them

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[–] shittydwarf@lemmy.dbzer0.com 15 points 1 week ago (2 children)

Putin has been blackmailing Trump, Trump is following orders. It by far the most logical explanation, and is common knowledge in the intelligence community. He has alienated all of America's traditional allies, halted all support of Ukraine, exempted only Russia from tariffs, removed the protections against foreign interference. Soon you will see sanctions and travel bans lifted

[–] CheeseToastie@lazysoci.al 3 points 1 week ago (1 children)

Yes, you go off behaviour not words and his behaviour shows hes pro Russia. How do the tarrifs help Russia? Does anyone know for certain what he's blackmailing him with?

[–] CrayonRosary@lemmy.world 8 points 1 week ago (1 children)

The tariffs hurt America. Some think it'll crash our economy.

[–] CheeseToastie@lazysoci.al 5 points 1 week ago

Ahhhhh so it's sabotage to the US for Putin I understand thanks

[–] Geetnerd@lemmy.world 0 points 1 week ago

The billionaires want to own everything, so their social and financial circumstances cannot be challenged.