Summary

Global leaders criticized Trump’s new tariffs, which range from 10% to 49%, warning of trade wars and economic fallout.

The UK and Italy urged negotiation, while Brazil passed a reciprocity bill. China and South Korea vowed countermeasures.

Australia and New Zealand rejected Trump’s logic, citing existing trade deals and low tariffs. Norfolk Island was baffled by a 29% duty despite having no exports.

Financial markets dropped, oil and bitcoin sank, and leaders warned of inflation. Analysts say Trump risks fracturing global trade with little to gain economically.

    • huquad@lemmy.ml
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      9 months ago

      Thats still too long imo. Patents are 20 years, so should every IP protection.

        • huquad@lemmy.ml
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          9 months ago

          Exactly. Especially when you figure in the longer scale up time with an invention. You can’t just flip a switch and start making money.

    • ExtantHuman@lemm.ee
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      9 months ago

      Yeah, but think about the grandchildren of the CEO who bought that IP from the artist‽

      Do you want them to starve have to work for a living?

      • ExtantHuman@lemm.ee
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        9 months ago

        That’s a great plan for letting those mega corps steal from the little guy EVEN more than they already do

        • ExtantHuman@lemm.ee
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          9 months ago

          Everything done with skill is art. From Citizen Kane to the design of a candy wrapper.

          • Comtief@lemm.ee
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            9 months ago

            Sure, but that wording becomes detrimental when you only expect high-quality things because that’s what you associate with art, forgetting that there is also entertainment that doesn’t need to be high quality necessarily.

                • ExtantHuman@lemm.ee
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                  9 months ago

                  You’re like 6 levels deep into a thread, being vague like this is completely inscrutable.

                  • Comtief@lemm.ee
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                    9 months ago

                    Oh yeah, I didn’t notice the thread is deeper. I meant lumony, the person I originally responded to. They called Marvel art (which is fine) and called it useless slop or something like that… So clearly we are talking about art as something that needs to have quality. I responded to them that their mistake is thinking that its art (in the sense that it needs to have quality). It’s just entertainment, not all movies need to be citizen Kane or whatever. Is it more clear now or…?