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.

  • 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