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.

  • lumony
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    20 hours 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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      17 hours 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
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        15 hours 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.