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%

  • SirMaple__@lemmy.caEnglish
    6·
    21 hours ago

    Talk about no brains. This will only speed up other countries cutting ties with the US. I’m waiting to see when and which country will be the first to cut diplomatic relations with them.

    • theneverfox@pawb.socialEnglish
      7·
      18 hours ago

      Nah, that ship has sailed. They’ll never cut diplomatic ties, because why would they?

      They’ve already decided they need to come together to live in a world without the US… They’re already making trade deals and new defense pacts, they’re already planning around us