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%

  • Ithorian@lemmy.worldEnglish
    0·
    1 month ago

    For what? If you cant trade why? Jizus fcking christ

    “Following Trump’s Rose Garden announcement, a White House official told NOTUS’ Jasmine Wright that Russia is “not on this list because sanctions from the Ukraine war have already rendered trade between the two countries as zero.””

    • null@slrpnk.netEnglish
      01·
      1 month ago

      For what? If you cant trade why? Jizus fcking christ

      That’s exactly what I’m asking you…

      If the answer is “because sanctions” then explain why other countries that are sanctioned by the US still got hit with tariffs?

      Russia is “not on this list because sanctions from the Ukraine war have already rendered trade between the two countries as zero.”"

      And yet the US imported over $3B from Russia just last year. Which is to say, the white house lied (again).