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%

  • P1nkman@lemmy.worldEnglish
    411·
    1 day ago

    In 2020, I thought Covid might crash the economy. You know, history repeats itself. But oh, was I wrong; it’ll all be caused by a single fuckwit which deserves to be tortured.

    Fuck anyone involved in making the world a worse place. I hope they all die in fucking agony.

    • Riprif@lemmy.worldEnglish
      16·
      1 day ago

      The crash in 2020 was twice as deep as it should have been. The markets were spooked by a president repeating conspiracy theories instead of reassuring people while health organizations were scrambling and panicking.