Summary

Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.

The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.

Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.

Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.

    • DNS@discuss.online
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      1 day ago

      Nut had me when he blamed democrats for Trump. Not the actual Russians propping him up and the NRA who was funneled money from Russia to give to Republicans.

    • FlashMobOfOne@lemmy.world
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      1 day ago

      Why?

      Democrats and Republicans have spent the last eight years convincing the poor and middle class that voting doesn’t matter. Hell, Democrats even subverted their own primary rules twice to strike that point home, and then argued in court that it was their right to do so when they were sued for it.

      I vote, but I can’t pretend it matters much when I watch most people in this country across the last eight years working gig jobs for 100 hours a week and all their labor can buy for them is a roach-infested studio regardless of where they live, and our president always has money and time for genocide.

      • uienia@lemmy.world
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        1 day ago

        It is always someone else who is at fault for Trump except Trump himself, the Republicans, and people like you who didn’t vote.

        • FlashMobOfOne@lemmy.world
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          1 day ago

          Realistically, it’s the fault of people voting for shitty candidates. That’s not a matter of opinion, but of fact.

    • Randomgal@lemmy.ca
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      1 day ago

      Because that means you supported Trump, regardless of what you say, your actions helped put him in power.

      • tane@lemm.ee
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        1 day ago

        By that logic they would’ve supported Kamala by not voting had she won. Dumb

    • lumony@lemmings.world
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      1 day ago

      If you’re mad at me for not voting, blame the people who keep nominating establishment candidates.

      Every ounce of effort you spend trying to convince me to vote for the lesser-evil would be better spent convincing people not to nominate the lesser-evil.

      • Jamini@lemmy.zip
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        1 day ago

        Our options on the left are to unite yesterday or die.

        There isn’t really another option anymore. People are dying, now, because we can’t rally.

        • lumony@lemmings.world
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          1 day ago

          See, it’s that kind of panic that causes people like you to flock to your abusers again and again.

          I’m done supporting my abusers. You should be, too. Then we can actually start solving problems instead of just losing slower.