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.

  • Snot Flickerman
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    21 hours ago

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

    God damn it media, can’t we just call a fucking spade a spade. Anyone with a fucking functional brain knows these tariffs will harm consumers and businesses. “Critics,” my ass. Informed people, more like.

    It’s this kind of shit that allowed us to get here to begin with, an unwillingness to just say the painful, obvious truth and speak it to power.

    • Karyoplasma
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      4521 hours ago

      It will harm consumers and small businesses way more than it will harm the big corporations. And that’s exactly the goal: consolidate the government by crippling their biggest enemy in the middle-class. It’s how fascism operates: make sure only your supporters survive.

      • @[email protected]
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        1419 hours ago

        The big corporations already planned their loopholes into the order. For them, this helps them consolidate power by driving smaller businesses out, or to where they’re forced to sell.

        Hanlon’s Razor does not apply to this administration. It is malice. They know exactly what they’re doing.

    • @[email protected]
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      211 hours ago

      There are lots of good opinion pieces out there that satisfy your needs in that regard, but at its core, journalism should just be taking sources and presenting it in a way that people can read easily. Newspapers usually dont claim anything themselves, they just repeat claims made by other people. Thats not a bad thing, thats just how this works.

      • @[email protected]
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        4 hours ago

        It is a bad thing to platform viewpoints that are incorrect or that shouldn’t be spread