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.

    • ExtantHuman@lemm.ee
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      7 days ago

      The entities with the established distribution networks will make the money, not the little guy who makes their own little story.

      If I write a little seld published novel, under your system, Hollywood can just take that story and make a movie of it without my permission. How is that better? You think more people pirating will take down these mega corps? Your system is chaos that’s even worse than the current model.

      • yetAnotherUser@discuss.tchncs.de
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        7 days ago

        They can do so currently by making a couple of minor changes and settling for a pittance because your lawsuit would bankrupt you.

        “Chaos” is a better system than one benefitting corporations only.

        • ExtantHuman@lemm.ee
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          6 days ago

          Why do so many people on the Internet default to a completely unnuanced worldview? Like there’s more than two diametrically opposed options that can be taken.

        • ExtantHuman@lemm.ee
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          6 days ago

          By having the resources to create and distribute a product with polish.

          Acting like you’re smarter than the people you’re talking to while missing the very obvious point that we’re not starting from nothing. Being pedantic about me referring to piracy by what it’s called now doesn’t change how impractical it would be to have no ownership at all of ideas. Why would anyone pay for content at all?

          Your “solution” means no one can make a living doing creative things. The current system has flaws that can be fixed. “No system at all” is worse for literally everyone involved, both creators and consumers of said content.

          You should stop publicly felating yourself over how unshackled your mind is, since this idea is so incredibly stupid.

            • ExtantHuman@lemm.ee
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              6 days ago

              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.