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.

  • RememberTheApollo_@lemmy.world
    link
    fedilink
    arrow-up
    7
    ·
    10 hours ago

    We’re losing while this buffoon flexes his tiny-brain power in a completely ignorant attempt to appear strong while simultaneously kneecapping the citizens of the US. While it’d be great if it just f’d the people who voted for him it unfortunately will affect all us while he tanks the economy in some attempt to “reset” it like he did for himself in his multiple bankruptcies. Problem is that he had an economy, money, and assets in the bank to return to when he came out of bankruptcy, the citizens won’t because it doesn’t work like that for a country. Him and the billionaires will be fine, they’ll just carve the country up in the resulting fire sale.