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.

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%

  • bzah@discuss.tchncs.deEnglish
    19·
    1 day ago

    Imagine people in 2150 praising the visionary and benevolent president Trump who courageously lead our world to the only possible path in order to save the environment: “He fooled them all with his “drill baby drill” and they fell for it, they elected him. Of course some were suspicious that something was off, but he had a grand plan for nature to finally be restored…”

    I would love to read this fiction, because reality is quite sad at the moment.

    • WanderingThoughts@europe.pubEnglish
      15·
      1 day ago

      Trump will be remembered as the spark that caused the old world order to blow up, causing a lot of changes in the way things are done. China becomes the manufacturer of clean energy and uses their new status as having the reserve currency to stamp out all fossil fuels.