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%

  • thejml@lemm.ee
    link
    fedilink
    English
    arrow-up
    206
    ·
    23 hours ago

    A lot of people’s lives are about to get more expensive… again.

    <butterfly meme> Is this winning?

    • RandAlThor@lemmy.caOP
      link
      fedilink
      English
      arrow-up
      121
      ·
      23 hours ago

      China and Vietnam are producing a lot of the low cost every day items people use. It’s going to hit the lower income people the hardest. Thank goodness I’m in Canada.

      • freebee@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        7
        ·
        11 hours ago

        Shit might hit the fan harder and faster in USA, but don’t be fooled: Canada and every other country in the world will be gravely affected: less trade, prices inflate, some goods become hard to find at all at any price, etc. US $ after all is the big reserve currency and all international trade was de facto protected by US military hegemony. Probably countries like North Korea or Iran will see least influence from all this… It’s insane to watch this happening. Their main goal really just seems to be to create chaos. And from chaos… rises whatever authoritarian state they want to create after declaring some state of emergency shit and after the superwealthy gobbled up all the failing companies at bargain prices. It’s like they’re organising a reenactment of the “shock therapy” that crashed the Russian economy on a speedrun after the soviet union fell apart.

    • cosmicrookie@lemmy.world
      link
      fedilink
      English
      arrow-up
      66
      ·
      23 hours ago

      Mainly American people’s lives. He’s basically making everything more expensive in USA that is not made in USA, but most things made in USA are dependent on imported parts, fertilizers, components, raw materials etc… This is going to be a mess to witness

    • pleasegoaway@lemm.ee
      link
      fedilink
      English
      arrow-up
      7
      arrow-down
      6
      ·
      19 hours ago

      The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.

      All is going according to plan.

      • AJ1@lemmy.ca
        link
        fedilink
        English
        arrow-up
        14
        arrow-down
        1
        ·
        19 hours ago

        um, yeah. we heard you the first 5 times, why do you keep reposting the same comment over and over?