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.

  • 1984@lemmy.today
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    1
    ·
    edit-2
    1 day ago

    Still it was too difficult for you to express your own opinions. Too scary?

      • Fluke@lemm.ee
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        1
        ·
        1 day ago

        “I’m too smart to deal with the likes of you.”

        Riding that dunning-krueger curve like a pro fucking surfer.

      • AJ1@lemmy.ca
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        1
        ·
        1 day ago

        it’s not really arguing if you’re not making a point though, is it? it’s just insulting people and refusing to explain why. that’s not the same thing as arguing.