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.

  • lumonyB
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    19 days ago

    deleted by creator

      • DNS@discuss.online
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        25 days 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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        25 days 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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          25 days 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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            25 days 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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        25 days ago

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

        • tane@lemm.eeBanned
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          25 days ago

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

          • Randomgal@lemmy.ca
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            25 days ago

            Yeah. That’s how it works. If you don’t get involved you effectively support the party that wins. Lol

      • lumonyB
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        19 days ago

        deleted by creator

        • Jamini@lemmy.zip
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          25 days 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.

            • Jamini@lemmy.zip
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              21 days ago

              Those “Abusers” protected and regains a ton of my rights, especially with laws regarding my spouse and sexuality. I’ve seen them do this for twenty years.

              Those “Abusers” have a tried and tested track record of voting in my interests. To the point where I actually get annoyed that I cannot find a good reason to primary them. I can see blue dogs in other districts, but they aren’t the people I can vote on. Only campaign against.

              Those “Abusers” have weathered crazy amounts of absolutely batshit insane abuse, much of it very personal, from our mutual enemies. More than a few of those “Abusers” have had people literally try and assassinate them.

              I’m going with people who have solved problems; and when, not if but when, your candidate is up for the block I’ll be supporting them too. because we are allies and our political enemies want us dead.

              So again: Fall in line or die. Those are our options. If you don’t like it that’s really too bad. Such is life.

    • FlashMobOfOne@lemmy.world
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      25 days ago

      I don’t think this is a generational thing, personally, unless we’re talking about the Boomers.

      The Boomers took a vibrant, beautiful world and spent two generations driving it into this McDonaldized hellhole we live in, after reaping the benefits of the most prosperous economic period for workers in our history in the 1960’s. They’re still profiting now thanks to the lopsided tax policies that favor people with wealth.

      The vast majority of the country only has one or two choices when shopping for necessities now, so I can’t really blame them for the world that they were born into. Calling young people consumerist is just blaming them for circumstances of which they had no real control.