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.

  • lumony@lemmings.world
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    18 hours ago

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

    Yeah, I’m going to ignore you after this. You’re too far behind and I can’t be arsed to bring you up to speed.

    For everyone else, this commenter clearly doesn’t understand that without copyright and patent laws, hollywood won’t be able to restrict access to their content behind artificial scarcity. Anyone will be allowed to share their movies freely, which will have a direct impact on their bottom line.

    This is why corporations like copyright and patent laws. It’s also another example of how useful idiots have been conditioned to work against their own interests and fight anyone who fights back.

    • ExtantHuman@lemm.ee
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      16 hours 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.