• China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
  • The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
  • U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.

https://archive.ph/ZmcZJ

    • chaosCruiser 🚫@futurology.today
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      1 day ago

      Now that USA will spiral down to deep depression, it’s going to be much easier to get the people behind whatever plan comes next.

      So, how about you build a new empire, invade neighboring countries, commit war crimes left and right, and start exterminating people who don’t fit your arbitrary criteria. Germany tried that and it everything worked out perfectly.

      Oh, wait…

      Well anyway. I’m out of ideas.

      • nodiratime@lemmy.world
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        5 hours ago

        But the deep depression wasn’t entered “willingly”. Better justification for righteous anger back then.

        • chaosCruiser 🚫@futurology.today
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          17 minutes ago

          People can be angry at Trump and that momentum could be utilized by the next candidate. Nah, sounds too elaborate.

          You could just form an authoritarian dictator monarchy, and gun down anyone who disagrees. There are many countries that followed this path already.