RandAlThor@lemmy.ca to

World News@lemmy.worldEnglish · 2 days ago

Live updates: Trump announces sweeping tariffs

cross-posted to:
news@lemmy.world

813

Live updates: Trump announces sweeping tariffs

RandAlThor@lemmy.ca to

World News@lemmy.worldEnglish · 2 days ago

cross-posted to:
news@lemmy.world

Trump's tariffs send shivers across world markets as economists warn of recession risk

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%

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elatedCatfish@lemm.ee
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1 day ago
Trump clearly has some feelings about Vietnam. He used his “bone spurs” excuse to avoid being sent over there back in the day. Lmao

What a pussy
- cute_noker@feddit.dk
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  23 hours ago
  I think it is something to do with China using it as a proxy for their export.
- ameancow@lemmy.world
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  23 hours ago
  He just saw that they have a massive tariff against the US going back decades and I guess he took it personally.

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