Trump's tariffs send shivers across world markets as economists warn of recession risk
apnews.com
The U.S. president's move has provoked dismay and calls for further negotiations to make trade rules fairer.

cross-posted from: https://lemmy.ca/post/41675354

Among the reciprocal tariff levels Trump announced:

China: 34%

European Union: 20%

South Korea: 25%

India: 26%

Vietnam: 46%

Taiwan: 32%

Japan: 24%

Thailand: 36%

Switzerland: 31%

Indonesia: 32%

Malaysia: 24%

Cambodia: 49%

United Kingdom: 10%

Rest of the world: 10%

  • Initiateofthevoid@lemmy.dbzer0.comEnglish
    25·
    2 months ago

    1920’s 2: electric boogaloo. Good luck everyone. Wish it didn’t have to be this way. Do what you can to prepare your families and your communities, because this is going to hurt.

    If we get the chance in the 1930s, let’s make sure we pull an FDR and not a Hitler, please?