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%

  • pyre@lemmy.world
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    1 month ago

    isn’t this just going to fuck up the US economy rather than meaningfully affect any other country? you don’t fucking produce anything worth a shit anymore.

    • Rakonat@lemmy.world
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      1 month ago

      Trump has no idea how the economy works, his wealth is propped up by Russian oligarchs laundering money through his assets.

      This move is almost certainly being directed to him through foreign agents the traitor has as advisors (though they consider themselves handlers) on behalf of Putin and other regimes hostile to the US who back door’d their way into the situation through his greed and lack of morality.

      • andros_rex@lemmy.world
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        1 month ago

        Also intentionally crashing the economy to hurt political enemies and cause civil unrest (mass government firings = lots of educated qualified people out of work, also drives down wages of other educated qualified people). Techo-fascist corporate cities and Gilead don’t need a Dow Jones index.

    • lepinkainen@lemmy.world
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      1 month ago

      He is gambling on the fact that Us economy can hold off longer than other countries and they’ll cave

      It’s like two people holding their breath bad for both but neither wants to lose