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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[–] StopTouchingYourPhone@lemmy.world 22 points 6 days ago (1 children)

I don't buy that Trump has anything to do with the logic behind this world-destabalizing shock and awe spectacle.

The conversation would be different if people stopped attributing authorship to him and acknowledged the massive decades-old machine using him as a mouthpiece.

But it sure makes people feel smart though. Gives them something to meme about while the people who planned this get the real dirt done. Maybe he'll misspell a country name next... Do another ad for Leon's dinkeys, Israeli beans or something. Stoopid Donald got poopy pance. lol.

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[–] Bubbaonthebeach@lemmy.ca 7 points 5 days ago

UK and Italy are playing Trump's game. He doesn't negotiate. He demands tribute and only honours agreements if they are a win for him and he feels like honouring it at the time. Canada has a Trump negotiated trade agreement - the best agreement ever, in his parlance. It is apparently not worth the paper it is written on.
Countries must negotiate trade agreements - with everyone except the USA. And citizens must support their countries by not purchasing any thing from the USA. As for the few Americans that didn't vote for Trump, so sorry but your fellow Americans still fully support him. So it isn't "just Trump", it is America that is the problem. Trump is simply reflecting who the majority of Americans really are.

[–] Wytch@lemmy.zip 30 points 6 days ago (1 children)

Oh, do you guys think he might be a stupid maniac gosh

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[–] Aurenkin@sh.itjust.works 28 points 6 days ago

No basis in logic is a nice summary of the Trump administration in general.

[–] ThraawnSolo@lemmy.dbzer0.com 23 points 6 days ago (11 children)
[–] MrScottyTay@sh.itjust.works 17 points 6 days ago

Seems to be what a lot of the far right want. It's essentially what Brexit has done to us in the UK

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[–] WanderingThoughts@europe.pub 25 points 6 days ago

Of course there is logic, but not the logic most politicians want to admit. This is simply:

"Nice global economy. It would be a shame if something happened to it. Maybe we can come to an understanding, and this whole tariff thing goes away. You do want free trade, don't you?"

[–] charade_you_are@sh.itjust.works 21 points 6 days ago* (last edited 6 days ago)

He's got that dementia infused vindictiveness against the people who want him dead

[–] Naevermix@lemmy.world 19 points 6 days ago (1 children)
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[–] SoftestSapphic@lemmy.world 13 points 6 days ago (3 children)

The point is to make China the new boot on the throat of the human race instead of the US

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[–] Dragonstaff@leminal.space 13 points 6 days ago

The "Empires last 250 years" thing is bad history and not really supported by fact...but...

[–] CileTheSane@lemmy.ca 11 points 6 days ago

So 100% on brand for Trump and America in general

[–] Jhex@lemmy.world 12 points 6 days ago

"No basis in logic" will be both the title of Trump's time in office and the reason why the USA collapses

[–] givesomefucks@lemmy.world 16 points 6 days ago

It's illogical to expect an illogical man to act logically.

Someone like trump needs hit first to avoid a confrontation.

[–] Azwing@lemmy.world 14 points 6 days ago

Dumb man does dumb thing he considers a race and insists he won.

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