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Europe@feddit.orgEnglish · 3 days ago

Trump Signs Order Imposing 10 Percent Baseline Reciprocal Tariffs, 20 Percent On Imports From EU.

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Trump Signs Order Imposing 10 Percent Baseline Reciprocal Tariffs, 20 Percent On Imports From EU.

cm0002@lemmy.world to

Europe@feddit.orgEnglish · 3 days ago

Trump Imposes 10 Percent Baseline Reciprocal Tariffs, 20 Percent On EU Imports

US President Donald Trump on April 2 announced reciprocal tariffs on US trading partners, including 20 percent on goods from the European Union, a move that some experts fear will set off a trade war and cause the world’s economy to tank.

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faberyayo@lemm.ee
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2 days ago
Actually, the enacted the tariffs in June 1930 when the depression was already happening. It was not the cause of the depression. It probably made the depression worse though.

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