Summary

Donald Trump initiated controversial tariffs, formally launching a trade war despite opposition from allies and widespread criticism among policy experts.

He imposed a 25% tariff on Mexican and Canadian imports, with additional charges on Canadian energy and Chinese goods under emergency powers.

Critics and experts lambasted the decision, arguing that the tariffs severely penalize American industries, undermine trade agreements, and reflect poor economic judgment.

Observers predict lasting repercussions for international relations and domestic markets.

  • NineMileTower@lemmy.world
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    11 hours ago

    What does fucked mean? It’s easy to say “we’re fucked”. But what is your actual prediction of how bad things will get?

    • AbsolutelyNotAVelociraptor@sh.itjust.works
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      11 hours ago

      New world order where the US are a secondary player that nobody cares about.

      The reality is the US right now are completely expendable when it comes to the global market, and the turd is going to find out soon that we can live without US commerce, but US can’t live without world commerce.