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.
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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.