- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Among the reciprocal tariff levels Trump announced:
China: 34%
European Union: 20%
South Korea: 25%
India: 26%
Vietnam: 46%
Taiwan: 32%
Japan: 24%
Thailand: 36%
Switzerland: 31%
Indonesia: 32%
Malaysia: 24%
Cambodia: 49%
United Kingdom: 10%
Rest of the world: 10%
It’s not the corporations, it’s the billionaires that run them. Every time Trump does something that makes the stock market drop, they get richer by scooping up more for less. Than sell them when Trump says “Just kidding” and the stock market rises again.
Not to mention that all of their companies get to raise prices and blame “tariffs” in order to increase their profit margin.
It’s the entire reason they paid to get him into the white house.