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.

    • TaldenNZ@lemmy.nz
      link
      fedilink
      English
      arrow-up
      28
      arrow-down
      1
      ·
      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
      link
      fedilink
      English
      arrow-up
      21
      ·
      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
      link
      fedilink
      arrow-up
      12
      ·
      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
        link
        fedilink
        arrow-up
        9
        ·
        edit-2
        2 days ago

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

          • Sanctus@lemmy.world
            link
            fedilink
            English
            arrow-up
            6
            ·
            edit-2
            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
                link
                fedilink
                English
                arrow-up
                1
                ·
                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.