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%

      • Jamini@lemmy.zipEnglish
        2·
        3 months ago

        The Great Depression fucked a lot of wealthy people up and turned the entire nation against them. It can happen again.

        One might argue it already is happening. Right now. In real time.

        Be safe.

    • CileTheSane@lemmy.caEnglish
      1·
      3 months ago

      Just like how a rising tide raises all boats, a sinking ship takes everyone down with it. The billionaires think being on the life rafts will make them more wealthy compared to those that are sinking.