this post was submitted on 03 Apr 2025
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Summary

Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.

The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.

Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.

Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.

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[–] lumony@lemmings.world 2 points 5 days ago (7 children)

Not really.

Corporations aren't going to be making billions of dollars off of, say Photoshop, if copyright and patents laws didn't exist.

Same goes for hollywood movies.

You're peddling rhetoric that was put here by your oppressors so you will work against your own interests. Congratulations.

[–] ExtantHuman@lemm.ee -2 points 5 days ago (6 children)

The entities with the established distribution networks will make the money, not the little guy who makes their own little story.

If I write a little seld published novel, under your system, Hollywood can just take that story and make a movie of it without my permission. How is that better? You think more people pirating will take down these mega corps? Your system is chaos that's even worse than the current model.

[–] yetAnotherUser@discuss.tchncs.de 4 points 5 days ago (1 children)

They can do so currently by making a couple of minor changes and settling for a pittance because your lawsuit would bankrupt you.

"Chaos" is a better system than one benefitting corporations only.

[–] ExtantHuman@lemm.ee 1 points 5 days ago

Why do so many people on the Internet default to a completely unnuanced worldview? Like there's more than two diametrically opposed options that can be taken.

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