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%

  • Lucky_777@lemmy.world
    29·
    19 days ago

    Idiot fuck will make everything more expensive. This isn’t short term pain like they will bullshit you, it’s going to be this way for 3.5 years.

    • k0e3@lemmy.ca
      1·
      19 days ago

      You make it sound like it’ll be over in 3.5 years. This damage is deep and won’t suddenly go away when Trump is gone (IF he’s gone).