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 want 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
    38·
    2 days ago

    1920’s 2: electric boogaloo. Good luck everyone. Wish it didn’t have to be this way. Do what you can to prepare your families and your communities, because this is going to hurt.

    If we get the chance in the 1930s, let’s make sure we pull an FDR and not a Hitler, please?

    • Beldarofremulak@discuss.onlineEnglish
      515·
      1 day ago

      The collapse is going to be the democrats fault so we 100% are getting hitler.

      Edit: people aren’t going to blame the Democrats? What timeline are you all on?

      • Initiateofthevoid@lemmy.dbzer0.comEnglish
        11·
        2 days 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.