this post was submitted on 09 Apr 2025
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Summary

Donald Trump imposed sweeping “reciprocal” tariffs on dozens of nations, including a 104% levy on Chinese goods, claiming to boost U.S. manufacturing.

These tariffs, calculated by dubious trade deficit formulas, hit major trading partners like the EU, Japan, and South Korea.

Economists warn of rising inflation, recession risks, and potential stagflation. JPMorgan estimates a 60% chance of global recession, while U.S. consumers may face $2,100 in added yearly costs.

Despite retaliation threats, Trump refuses to back down. Businesses and allies express concern over economic damage and trade instability.

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[–] [email protected] 13 points 4 days ago* (last edited 4 days ago) (3 children)

Can we avoid using the reciprocal word where it's mostly an uniltaeral decision from US ?

I bet that the only US jobs that will be created on the short term will be to re-inforce the purchasing department of US companies importing foreign group, and the US-logistic department of foreign companies exporting in the US. But in between, I see why many corporation will push the brake on any non urgent purchasing. (And Ironically, business school graduates aren't a category massively impacted by unemployement nor fearing to be replaced by LLM)

[–] [email protected] 4 points 4 days ago

Hum... Putting them in quotes is nice, it reminds people of the claim.

I think the best would be to also explain in parenthesis, like: "reciprocal" (unilateral)

[–] [email protected] 3 points 4 days ago

its sorta significant though since like china increased tariffs in response which if we are doing reciprical means that get added on to ours to. It effetively means we are just cutting trade off completely for all practical purposes.

[–] [email protected] 3 points 4 days ago

Yeah, they should put that word in quotes