this post was submitted on 03 Apr 2025
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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.

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[–] [email protected] 35 points 4 days ago (2 children)

What about Israel? Aren't they sucking you dry? Perhaps add some tariffs there?

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[–] [email protected] 13 points 3 days ago (3 children)

The point is to make China the new boot on the throat of the human race instead of the US

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[–] [email protected] 23 points 3 days ago (11 children)
[–] [email protected] 17 points 3 days ago

Seems to be what a lot of the far right want. It's essentially what Brexit has done to us in the UK

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[–] [email protected] 19 points 3 days ago (1 children)
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[–] [email protected] 30 points 4 days ago (1 children)

Oh, do you guys think he might be a stupid maniac gosh

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[–] [email protected] 28 points 4 days ago

No basis in logic is a nice summary of the Trump administration in general.

[–] [email protected] 21 points 3 days ago* (last edited 3 days ago)

He's got that dementia infused vindictiveness against the people who want him dead

[–] [email protected] 25 points 4 days ago

Of course there is logic, but not the logic most politicians want to admit. This is simply:

"Nice global economy. It would be a shame if something happened to it. Maybe we can come to an understanding, and this whole tariff thing goes away. You do want free trade, don't you?"

[–] [email protected] 7 points 3 days ago

Can we stop winning already? I'm tired of winning so much.

[–] [email protected] 13 points 3 days ago

The "Empires last 250 years" thing is bad history and not really supported by fact...but...

[–] CileTheSane 11 points 3 days ago

So 100% on brand for Trump and America in general

[–] [email protected] 7 points 3 days ago* (last edited 3 days ago)

Trump basically ran his mouth, realized he had to drop something, whipped some crap together, took a dump in the living room and left for the golf field... exactly what MAGAtards wanted, hope you are enjoying it

[–] [email protected] 12 points 3 days ago

"No basis in logic" will be both the title of Trump's time in office and the reason why the USA collapses

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