News@lemmy.worldEnglish · 2 days ago

Live updates: Trump announces sweeping tariffs

apnews.com

cross-posted to:
world@lemmy.world

185

Live updates: Trump announces sweeping tariffs

apnews.com

RandAlThor@lemmy.ca to

News@lemmy.worldEnglish · 2 days ago

cross-posted to:
world@lemmy.world

Live updates: Business leaders warn Trump tariffs will raise prices for US consumers

apnews.com

President Donald Trump's barrage of “reciprocal” tariffs shows a willingness to dismantle the global economic system. Business leaders warn the tariffs will increase costs for U.S. consumers.

cross-posted from: https://lemmy.ca/post/41675354

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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2 days ago
Or if ruthless native oligarchs were trying a power grab to control the country for the next generation.

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