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#trade

418 posts214 participants41 posts today

Yet again, this prick continues to live in everyone's head. If there was ever a right time for the global community to come together properly, it is now. Unfortunately, we have no choice other than enormous pressure where it hurts the US most - its economy. American people have a very tough road ahead of them and for those who did not want this, we should support them as much as possible.

#Tarrifs#Ireland#US

Keir Starmer is claiming the 10% tariff imposed by Trump in his Liberation Day speech is a vindication of the UK's 'quiet diplomacy' as its half that imposed on the EU, while quietly not mentioning that UK car & steel exports will (it seems) be hit with 25% tariffs...

Starmer will continue to offer up concessions, not least a more favourable tax treatment for Big Tech in the new Digital Service Tax, but Trump seldom makes a deal that is favourable to the counter-party!

#trade #politics
h/t FT

Good morning. It's 7AM, Thursday, 3rd April. The headlines: President #Trump has unveiled additional #tariffs, resulting in a combined 54% duty on Chinese goods, prompting market declines across Asia. The BBC is reporting from earthquake-hit Mandalay. A modest #UK film enjoys notable triumph in the US. #Canada and the #EU are formulating replies to #Trump's #trade policies.

Trump tariffs 'least terrible' outcome but will still hurt Australia
By Stephen Dziedzic

The federal government is worried sweeping tariffs could spark economic turmoil in the region and globally, and the impact this could have on Australia.

abc.net.au/news/2025-04-03/us-

ABC News · Australia escapes worst of Trump's tariffs but still bracing for turmoil in AsiaBy Stephen Dziedzic

WA premier says US tariffs will trigger 'double down' on local manufacturing

Roger Cook says sweeping tariffs placed on all foreign imports into the US are prompting the WA government to "double down" on its strategy to manufacture locally.

abc.net.au/news/2025-04-03/tru

ABC News · Roger Cook says Trump tariffs prompting WA to 'double down' on local manufacturingBy ABC News