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.
Americans are trained from birth to value ignorance as the greatest virtue. Donald Trump represents everything that American culture venerates.
Failing upward. Trump Steaks, Trump University, hell, he couldn’t make money running a CASINO: Trump Castle Hotel and Casino, bankrupt. Trump Plaza Casino, bankrupt. Trump Hotels & Casino Resorts, and Trump Entertainment Resorts… all bankrupt.
Now he can add the US economy to his trophy case of participation ribbons.