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.

  • lumony@lemmings.world
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    1 day ago

    This is not the end goal.

    Anyone who believes this without critique is incapable of autonomous thought.

    • 1984@lemmy.today
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      1 day ago

      Still it was too difficult for you to express your own opinions. Too scary?

        • Fluke@lemm.ee
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          1 day ago

          “I’m too smart to deal with the likes of you.”

          Riding that dunning-krueger curve like a pro fucking surfer.

        • AJ1@lemmy.ca
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          1 day ago

          it’s not really arguing if you’re not making a point though, is it? it’s just insulting people and refusing to explain why. that’s not the same thing as arguing.