Summary

Donald Trump announced new tariffs against China, Mexico, and Canada, sparking market turmoil as the measures were set to begin this weekend.

Following the announcement, major indices plunged, with the Dow Jones, NASDAQ, and S&P 500 suffering significant losses, reflecting investor anxiety across global markets.

Canada, Mexico, and China vowed retaliatory tariffs, with officials warning that these measures could escalate trade conflicts and significantly harm economic stability.

Critics argue the tariffs will harm consumers and businesses, creating global trade uncertainty and risking prolonged economic challenges in the United States.

  • Queen HawlSera@lemm.ee
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    8 hours ago

    Which is one of two reasons why they keep screeching this “DEI Hires did 9/11!” nonsense

    1. It’s the only card they have for claiming Biden is responsible for Trump’s blunders
    2. It’s to manufacture consent for Trump’s plan to repeal the Civil Rights Act “in the interest of public safety”
      • Freefall@lemmy.world
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        2 hours ago

        Also, the more important fact that Dei doesn’t mean “hire women and gays at the expense of merit”…so the whole DEI thing was always based on ignorance of the systems.