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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      7 days ago

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

        • huquad@lemmy.ml
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          6 days 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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      7 days 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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        7 days 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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            7 days ago

            The entities with the established distribution networks will make the money, not the little guy who makes their own little story.

            If I write a little seld published novel, under your system, Hollywood can just take that story and make a movie of it without my permission. How is that better? You think more people pirating will take down these mega corps? Your system is chaos that’s even worse than the current model.

            • yetAnotherUser@discuss.tchncs.de
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              6 days ago

              They can do so currently by making a couple of minor changes and settling for a pittance because your lawsuit would bankrupt you.

              “Chaos” is a better system than one benefitting corporations only.

              • ExtantHuman@lemm.ee
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                6 days ago

                Why do so many people on the Internet default to a completely unnuanced worldview? Like there’s more than two diametrically opposed options that can be taken.

              • ExtantHuman@lemm.ee
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                6 days ago

                By having the resources to create and distribute a product with polish.

                Acting like you’re smarter than the people you’re talking to while missing the very obvious point that we’re not starting from nothing. Being pedantic about me referring to piracy by what it’s called now doesn’t change how impractical it would be to have no ownership at all of ideas. Why would anyone pay for content at all?

                Your “solution” means no one can make a living doing creative things. The current system has flaws that can be fixed. “No system at all” is worse for literally everyone involved, both creators and consumers of said content.

                You should stop publicly felating yourself over how unshackled your mind is, since this idea is so incredibly stupid.

                  • ExtantHuman@lemm.ee
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                    6 days ago

                    Yup, you’ve realized your plan is stupid but decided you’ll act haughty and bow out of the conversation all together to avoid admitting it.

                    Why would anyone make a movie if they couldn’t at least support the cost of making the giving movie to begin with? Like, try thinking one step through your own idiotic idea.

        • ExtantHuman@lemm.ee
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          6 days ago

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

          • Comtief@lemm.ee
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            6 days 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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                  6 days ago

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

                  • Comtief@lemm.ee
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                    6 days 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…?