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News@lemmy.world · 1 day ago

Fear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocks

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Fear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocks

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News@lemmy.world · 1 day ago

Wall Street retreat extends into second day after China retaliates against Trump tariffs

U.S. companies were getting hammered again in the stock market Friday after China matched President Donald Trump’s tariffs in what is a rapidly escalating trade war.

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MordercaSkurwysyn@lemm.ee
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1 day ago
Plague massively increased economic situation of peasants in western Europe.
- Cryophilia@lemmy.world
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  Only in the long run. A lot of them died and suffered horribly first.
  - MordercaSkurwysyn@lemm.ee
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    Of course, first things need to hit rock bottom for regular people to demand fair treatment.

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