Live updates: Trump's tariffs send shivers across world markets as economists warn of recession risk
apnews.com
The U.S. president's move has provoked dismay and calls for further negotiations to make trade rules fairer.

cross-posted from: https://lemmy.ca/post/41675354

Among the reciprocal tariff levels Trump announced:

China: 34%

European Union: 20%

South Korea: 25%

India: 26%

Vietnam: 46%

Taiwan: 32%

Japan: 24%

Thailand: 36%

Switzerland: 31%

Indonesia: 32%

Malaysia: 24%

Cambodia: 49%

United Kingdom: 10%

Rest of the world: 10%

    • Initiateofthevoid@lemmy.dbzer0.comEnglish
      11·
      2 months ago

      Trump dismantles regulatory and social support agencies and enacts tariffs on a level we haven’t seen since Coolidge and Hoover caused the Great Depression

      The collapse is going to be the democrats fault

      Keep on keepin’ on my friend

      Edit - whoosh? You’re saying it’ll be blamed on the democrats I think? Either way I don’t think it’ll be that easy this time. They fucked up too much stuff too fast, all while obviously in complete control. ‘Oft evil will shall evil mar’ and all that.

      As terrible as this is and will be, I have hope we can change a lot of minds. Social security started from the ashes of the great depression. It can be done again.