Live updates: Business leaders warn Trump tariffs will raise prices for US consumers
apnews.com
President Donald Trump's barrage of “reciprocal” tariffs shows a willingness to dismantle the global economic system. Business leaders warn the tariffs will increase costs for U.S. consumers.

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%

  • Initiateofthevoid@lemmy.dbzer0.comEnglish
    11·
    1 day ago

    Trump dismantles regulatory and social support agencies and enacts tariffs on a level we haven’t seen since Coolidge and Hoover caused the Great Depression

    The collapse is going to be the democrats fault

    Keep on keepin’ on my friend

    Edit - whoosh? You’re saying it’ll be blamed on the democrats I think? Either way I don’t think it’ll be that easy this time. They fucked up too much stuff too fast, all while obviously in complete control. ‘Oft evil will shall evil mar’ and all that.

    As terrible as this is and will be, I have hope we can change a lot of minds. Social security started from the ashes of the great depression. It can be done again.

    • Beldarofremulak@discuss.onlineEnglish
      11·
      1 day ago

      My comment means whatever gives you the emotions you want to feel. If you want to lash out at a MAGAt by all means interpret what I say that way.