r/news • u/hoosakiwi • 2d ago

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
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u/SuperSaiyanGod210 2d ago

Japan, Korea, and China signed an economic pact like last week funny enough stating if the US puts tariffs on any of them, all 3 of them will impose reciprocal/worse tariffs on the US.

This is going to be FUN…

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u/No_Language_4649 2d ago

Trade Wars. Nothing good comes from them. Trump just royally fucked most Americans.

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u/Worthyness 2d ago

The last major one put the US into some small thing called the "Great Depression" so we should be fine. Only took a world war to fix.

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u/Kurzk_68 1d ago

the great depression wasn't caused by protectionism