Modelling of how Trump’s tariffs will hit global trade suggests the US will be the biggest loser – while a few nations may emerge as surprising winners.

Archived version: https://archive.is/newest/https://theconversation.com/new-modelling-reveals-full-impact-of-trumps-liberation-day-tariffs-with-the-us-hit-hardest-253320


Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

  • endeavor@sopuli.xyz
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    2 days ago

    Dumpf bankrupting a former powerhouse with the policies every right wing party wants is the best advertisement in the world against the far right parties.

    Thanks USA for being the world police yet again and leading by example. Be strong!

    • JeeBaiChow@lemmy.world
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      2 days ago

      Oh. He and his buddies will buy the slump from the vast array of options available in the next few months and walk away with more wealth than before. Question is: who’s gonna do anything about it?

    • TaldenNZ@lemmy.nz
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      2 days ago

      If we’re very quiet precious, my love, maybe he won’t notice us down here near the bottom of the table.

    • dryfter@lemm.ee
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      2 days ago

      > Fuck

      That’s an understatement, more like

      spoiler

      image

      Forget about a recession, the U.S. is headed directly towards a possible depression and bringing Canada down with it if those numbers are even remotely true. That’s almost 1-2 months salary wiped out for 1/3 of households in the US when most of those people are living paycheck to paycheck.

    • Em Adespoton@lemmy.ca
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      2 days ago

      Aha! Trump is secretly doing the bidding of the Kiwis! No, not New Zealanders, not even the bird… it’s the fruit’s fault!

      • brucethemoose@lemmy.world
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        2 days ago

        Aside from fossil fuels, they mostly only trade with China, right? They’re kinda “isolated” like Best Korea.

          • Sanctus@lemmy.world
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            2 days ago

            Can’t be hit when you aren’t even trading. They’ll probably see video games get more expensive on Steam

              • Sanctus@lemmy.world
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                2 days ago

                Thats probably a definite unless China is willing to absorb the cost for whatever reason. They seem to be in a generous mood (relatively, terms and conditions apply) ever since Trump soured the world to the US.

  • Rene@lemmy.world
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    1 day ago

    The EU does not imposse 39% tariffs on US imports. The trade deficit is 39% Not the same thing. So they took the trade deficit and divided it by 2 to calculate the tariff. Guess pissing of the whole world will make everyone buy American…

  • FreakinSteve@lemmy.world
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    2 days ago

    I said in November that I hoped that MAGAts get every single thing they voted for.

    I still do

    HAAAAAHAHAHAHAHAHAHAHAAAAA!!!