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.

cross-posted from: https://lemmy.ca/post/41675354

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%

  • courageousstep@lemm.eeEnglish
    45·
    2 days ago

    I wonder if the alienation of the rest of the world from the US by Trump, especially with these tariffs, was a Putin idea. Make Russia’s enemies turn against one another so they won’t band together. Pull their economies apart so that the EU won’t have armies and defense mechanisms at hand, and so that the US, Mexico, and Canada are no longer trusting each other, and so on. If all the countries don’t trust one another, they are fractured and weak, unable to stand up to Russia’s invasions.

    • GeneralEmergency@lemmy.world
      112·
      2 days ago

      If Americans had a concept of the world beyond their borders they’d realise that.

      Although, even if they did look at a world map once. they would still fall for the whole “American Imperialism propaganda” that gets parroted here on Lemmy.