Summary

Donald Trump lashed out at China for retaliating against his new tariffs, calling the country the “biggest abuser” of U.S. trade.

After Trump imposed an additional 34% tariff on Chinese goods, China responded with its own 34% tariff on U.S. products and suspended key imports.

Financial markets in both countries plunged, with U.S. economists warning of a potential recession.

Despite backlash, Trump defended his strategy, urging the Fed to cut rates and calling the tariffs a path to long-term gain. Critics warn of global economic instability and rising protectionism.

  • fluxion@lemmy.world
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    8 days ago

    I’ve watched fox news try blame a crash 1 day after tariff announcements as somehow Biden’s fault. Not a very convincing argument for why i shouldn’t blame Trump for thousands of dollars in personal investment losses.

    Am i missing some step, like turning off my brain? Will I then be able to happily vote for someone who is personally fucking me with almost surgical precision?

    • brucethemoose@lemmy.world
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      8 days ago

      You’re just a totally different base than Fox’s. They’re telling viewers want they want to hear, which has always been this, for decades. They have to, as otherwise they’d switch channels and lose engagement blaming non-liberals for anything.

    • vaultdweller013@sh.itjust.works
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      8 days ago

      No you just aren’t in a ideological cult information bubble, they aren’t watching fox to learn or gain context they watch fox, listen to conservative radio, and consume smooth brain influencers to reinforce the narrative. Its the same reason that the Soviets and NorKs have constant broadcasts on telephone poles with the only key difference being that these folks are doing it voluntarily, after all if you have a willing audience it’s a lot easier to control them. They need that constant reinforcement or it starts to break down.