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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[–] ThraawnSolo@lemmy.dbzer0.com 23 points 1 day ago (2 children)

Is the plan to isolate us?

[–] 1984@lemmy.today 35 points 1 day ago (2 children)
[–] non_burglar@lemmy.world 5 points 1 day ago

I would tend to agree with the process part of accelerationism, but I don't think there is a goal.

The "crazy like a fox" theory is contradicted by several pretty dumb tells that suggest the administration is headed and staffed by actual idiots.

[–] lumony@lemmings.world -4 points 1 day ago (1 children)

This is not the end goal.

Anyone who believes this without critique is incapable of autonomous thought.

[–] 1984@lemmy.today 4 points 1 day ago* (last edited 1 day ago) (1 children)

Still it was too difficult for you to express your own opinions. Too scary?

[–] lumony@lemmings.world -5 points 1 day ago (2 children)

Arguing with you people is a waste of time.

I'm going to ignore you now.

[–] Fluke@lemm.ee 2 points 1 day ago (1 children)

"I'm too smart to deal with the likes of you."

Riding that dunning-krueger curve like a pro fucking surfer.

[–] lumony@lemmings.world -2 points 1 day ago (1 children)

Yeah, fools think everyone is worth arguing with.

Gonna block you, too.

[–] Fluke@lemm.ee 3 points 1 day ago

Oh no. Anyway...

[–] AJ1@lemmy.ca 2 points 1 day ago

it's not really arguing if you're not making a point though, is it? it's just insulting people and refusing to explain why. that's not the same thing as arguing.

[–] MrScottyTay@sh.itjust.works 17 points 1 day ago

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