this post was submitted on 02 Apr 2025
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Among the reciprocal tariff levels Trump announced:

China: 34%

European Union: 20%

South Korea: 25%

India: 26%

Vietnam: 46%

Taiwan: 32%

Japan: 24%

Thailand: 36%

Switzerland: 31%

Indonesia: 32%

Malaysia: 24%

Cambodia: 49%

United Kingdom: 10%

Rest of the world: 10%

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[–] Buelldozer@lemmy.today 39 points 2 days ago (3 children)

Smells like Smoot-Hawley up in this bitch.

[–] adrian783@lemmy.world 11 points 2 days ago (1 children)
[–] match@pawb.social 2 points 2 days ago

The act and tariffs imposed by U.S.'s trading partners in retaliation [for the Smoot-Hawley Tariff Act] were major factors in the reduction of American exports and imports by 67% during the Great Depression.

[–] troybot@midwest.social 6 points 2 days ago

Sick history reference.

[–] fake_meows@lemm.ee 3 points 2 days ago

Rolling back the odometer to the 1930s.