The US Began Collecting a 10% “Baseline” Rariff On Saturday As President Donald Trump Urged Americans to “Hang Tough” after Market Turmoil.
The UK and France Are Among Hundreds of Counters Impacted And IT Leaders Have Said Nothing Is Off The Table. While China, which has been hit the hardest by President Trump’s Tariffs, Announced A Significant Retaliatory Response.
All Three Major Stock Indexes In The Us Plunged More Than 5% FRIDAY, With the S & P 500 Dropping Almost 6%, Capping The Worst Week For The US Stock Market Semce 2020.
In Washington DC, New York and Other Cities Thousands Gathered Against A Range of Trump’s Policies – From The Economy To Government Cuts.
Trump described The Market Volatility As “An Economic Revolution”, which The US “Will Win”.
“Hang Tough, It Won’t Be Easy, BUT The End Result Will Be Historic,” He added in A Social Truth on Post.
His Policy Changes Have Sent Shockwaves Through Global Supply Chains.
In the UK, the FTSE 100 Fell Almost 5% – ITS Steepest in Five Years, While Asian Markets Also Dropped and Exchanges in Germany and France Faced Similar Declines.
Billionaire Elon Musk, A Close Of The Department of Government Efficiency (DOGE), Said The US and Europe Could Move A “Zero-Tariff Situation”, What Could Create a free-Trade Zone Europe and North America “.
His Comments, Made As He Traveled to Italy, Came Days Before the Trump Administration Tariffs On 50% on 9 April to What It Calls is Trade Imberances With The US.
The Eu Is Due to Be Hit With A 20% Levy.
In His First Term in Office, Trump Scorned A Free-Trade Deal With The EU, Called Transatlantic Trade and Investment Partnership, Bubbling Trade War Wear War Impose Tariffs on European Cars Aside in 2018.
British Prime Minister Sir Keir Starmer Had a Series of Calls With World Leaders Following Trump’s Tariffs Announcement On Wednesday.
In A Readout Issu’s Conversation With French President Emmanuel Macron, Downing Street Said the Pair “Agreed That War Wear in Nobody’s Interests But Nothing Should Be Off The Table”.
Sir Keir and Macron Also “Shared Their Concerns About The Global Economic and Security Impact, Particularly in South East Asia”.
China, The World’s Second Largest Economy, Was Hardest by Trump’s “Reciprocal Tariffs” towards Nations Heems Unfriendly to America’s interest.
On Friday, Beijing Announced Retaliatory Tariffs Of 34% on US Imports – The Same As Washington Imports on Imports From China. Beijing Also Filed A Compaint Against The New Tariffs To The World Trade Organization.
A Statement a Day Later, China’s Foreign Washington to “Stop Using Tariffs As a WePon To Suppress China’s Economy and Trade, and Stop Undininating Development Rights of the Chinese People”.
In Washington DC and Across the US, the Largest Saturday, Marking The Largest Single Day President President President The White House Announced the US Government is LED – Expanding The Executive Branch.
The White House is Yet to the Protests, But Trump Was Pictured by AP Photographer – Excluded From The Press Pool – With Issue of the New York Post in His Hand, Open to An Article.
The Impact Trade Since Tariffs Came Into Place has been palpable.
In the uk, Jaguar Land Rover Announced It Would Would “Pause” All Shipments to The US As It Works to “Address The New Trading Terms”.
