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.

  • Fluke@lemm.ee
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    3 days ago

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

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

    • lumony
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      3 days ago

      Yeah, fools think everyone is worth arguing with.

      Gonna block you, too.