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

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59
What exactly are tariffs and how do they work? (lazysoci.al)
submitted 1 day 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 day ago (8 children)

Bingo

[–] CheeseToastie@lazysoci.al 3 points 1 day ago (7 children)

What do you think the real reason for the government doing that is?

[–] shittydwarf@lemmy.dbzer0.com 15 points 1 day ago (4 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

[–] Geetnerd@lemmy.world 0 points 9 hours ago

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

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