this post was submitted on 03 Apr 2025
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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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[–] [email protected] 50 points 1 day ago (11 children)

They’re AI generated tariffs. He asked Grok and these are the numbers it spat out.

[–] [email protected] 39 points 1 day ago (7 children)

He's imposing tariffs on uninhabited islands... what a fucking moron...

[–] [email protected] 55 points 1 day ago (5 children)
[–] [email protected] 27 points 1 day ago

McDonald's fucked up his order recently which is why their island received tariffs.

He's going to get free hamberders for life when they cave.

[–] [email protected] 3 points 1 day ago

These penguins managed to put USA into trade deficit with the island somehow?

[–] [email protected] 9 points 1 day ago (1 children)

True. Those freeloading penguins.

[–] [email protected] 4 points 1 day ago

they have it hard enough already without tarrifs. wasn't it last year or the year before where an entire colony of emperor penguins had every single chick die that breeding season? that's extremely sad. but sure, hit 'em with tarrifs too, why not

[–] [email protected] 4 points 1 day ago

Maybe this is some 5D chess move against the rise of penguins

[–] [email protected] 3 points 1 day ago

Give him some credit (not a lot). What if China were to give these penguins cars to resale? Middle men penguins is what they are. They should call the island Midway island, a term invented by his assholness.

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