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%

  • maplebar@lemmy.worldEnglish
    761·
    2 days ago

    Why the fuck is our media so bad that they blindly accept Trump’s bullshit line that the tariffs are “reciprocal”? Are they just stupid or have they been paid off? Do they not know the meaning of “reciprocal” or are they just too fucking lazy to question the White House’s rhetoric even a little bit?

    The state of the United States makes me sick. We’re being robbed blind buy the oligarchy in broad daylight while the media gleefully amplifies the administrations lies.

    • brucethemoose@lemmy.worldEnglish
      8·
      2 days ago

      Most headlines I see are going with 10%, which is a big understatement.

      It’s because they’re run by billionaires. Even liberal, big outlets harp on cultural issues to redirect focus.

    • RoundSparrow @ .ee@lemm.eeEnglish
      10·
      2 days ago

      Are they just stupid or have they been paid off?

      Neither one. they are in a cult. Donald Trump is entertaining / clickbait / meme leadership. The novelty of having a 78 year old man shit-talk on an Apple iPhone they can’t resist. They have brain damage from it all.

      “When a population becomes distracted by trivia, when cultural life is redefined as a perpetual round of entertainments, when serious public conversation becomes a form of baby-talk, when, in short, a people become an audience, and their public business a vaudeville act, then a nation finds itself at risk; culture-death is a clear possibility.” ― Neil Postman, Amusing Ourselves to Death: Public Discourse in the Age of Show Business, 1985 [email protected]