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.
Yup, you’ve realized your plan is stupid but decided you’ll act haughty and bow out of the conversation all together to avoid admitting it.
Why would anyone make a movie if they couldn’t at least support the cost of making the giving movie to begin with? Like, try thinking one step through your own idiotic idea.