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.

  • @[email protected]
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    471 month ago

    You don’t even have to go that far. Just adopt sane copyright laws, like copyright only lasting the life of the artist.

      • @[email protected]
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        91 month ago

        If it’s good enough for inventors, it’s good enough for musicians, writters and software developers.

        • @[email protected]
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          31 month ago

          Exactly. Especially when you figure in the longer scale up time with an invention. You can’t just flip a switch and start making money.

    • @[email protected]
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      111 month ago

      Yeah, but think about the grandchildren of the CEO who bought that IP from the artist‽

      Do you want them to starve have to work for a living?