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#gdp

88 posts36 participants8 posts today
Public *
🇺🇦 Je me souviens 🇨🇦

And from #Trump, still more wanton #Economic #destruction

#China to impose 34% retaliatory tariff on all goods imported from the U.S."

“China urges the United States to immediately cancel its unilateral tariff measures and resolve trade differences through consultation in an equal, respectful and mutually beneficial manner"

#Crisis #Tariffs #USA #EU #News #Democrats #MAGA #Fascism #Security #Canada #Economy #GDP #Oligarchy #Inflation #USA #History #JobLoss

cnbc.com/2025/04/04/china-to-i

CNBCChina to impose 34% retaliatory tariff on all goods imported from the U.S.Beijing's measures come in the wake of duties imposed by U.S. President Donald Trump's administration earlier this week.
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🇺🇦 Je me souviens 🇨🇦

For people who want to view tariff's of historical precedent to yesterday's... here's what I have found- there exists 1 precident/ example:

"1930 Smoot-Hawley Tariffs
Aggressive tariffs deepened the Great Depression, reducing global trade by ~65% and U.S. GDP by ~4%."

#Crisis#Tariffs#USA
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