World News @lemmy.world MonsterMonster @lemmy.world 19h ago

Stock markets sink as Trump confirms tariffs on Canada, Mexico and China - BBC News

www.bbc.co.uk Stock markets sink as Trump confirms tariffs on Canada, Mexico and China - BBC News

The US president has followed through on taxing imports from two of the country's closest neighbours.

35 comments

Strapping in for my third “once in a lifetime” unprecedented times recession.
- Lol, no. This is going to be a great depression.
  
  The Greatest Depression! Think of the ratings!
  
  Make America Depressioned Again? (MADA)
- We get to experience it together!
  
  Shared trauma is a bonding experience!
- For what it's worth, I'm strapped in right next to you.
- It's my second
  
  ... for now
  
  Fourth, here
Are we winning yet?
- Someone is winning, but it ain't us.
  
  It’s Russia. Russia’s winning at the expense of everyone thanks to Trump and elons fascist maga morons.
  
  America is fucking gross.
  
  Thanks to a singer song writer named Jesse Welles .... this made me think of a new saying
  
  "There ain't no you in the United States"
  
  Jesse's original lyric was ... "there ain't no you in united health care"
- I think Canada could win in the long run if we use this as a wake up call to really divest from the USA tbh
- I'm just glad we all saved Gaza by refusing to vote for Harris!
  
  Will you copy-paste this shit everywhere? AHAHAHAH
  
  I’m so glad we saved Gaza by not voting for Harris. Great job, everyone!
- The winning-est we'll ever be ever again.
- It's not winning, it's about "the libs" losing -- and that's enough for them.
Oh god no!

The three major indexes in the US sank after Trump's comments. The Dow Jones Industrial Average ended the day down 1.4%, the S&P 500 sank 1.75% and the Nasdaq fell 2.6%.

Chicken change. Give the market some time to really sink. It's coming.
- I don't want the depression, but I wouldn't mind seeing bankers and stock traders jumping from skyscrapers.
  
  Oh the government will find money to help the bankers.
  
  Can politicians Jump first? You know, let the hell people know to please start the fires abs get the ropes, chains and dildos ready.
Trade wars are bad economics disguised as patriotism.

🐱🐱🐱🐱
dude's blowing a hole in the bottom of the boat, national and global economic depression from global reciprocal non sensible tariffs comin up
Non-AMP URL: https://www.bbc.com/news/articles/cn48q3150dxo
Tariff Europe, coward, I dare you.
- Better, put tarrifs on everyone... Let's get this shit show done with.
- I’m sure we’ll eventually get to that point 😒
This will certainly decrease eggs price /s
Looking at the figures, I could not imagine a bigger "shooting in the foot" moment than that.
https://media1.tenor.com/m/lcehRTIw1_8AAAAC/excited-fuego.gif

civil law is suspended clown law is now in effect
Blyat!

35 comments