US EditionInside Trump’s defiant response to the markets’ tariff meltdown
- Two days after President Donald Trump announced tariffs, China responded with a promise to impose a 34% tariff on U.S. Goods, affecting agricultural products.
- The S&P 500 and Nasdaq fell significantly, nearing bear market territory, which is a decline of at least 20%.
- Ngozi Okonjo-Iweala, director general of the World Trade Organization, warned that tariffs could cause a 1% contraction in global merchandise trade volumes.
- Trump stated on Truth Social that his policies would not change, asserting that his strategy is 'already working' despite the market decline.
35 Articles
35 Articles
Tariffs draw dismay, calls for global talks
FRANKFURT, Germany — Sweeping new tariffs announced by U.S. President Donald Trump provoked dismay, threats of countermeasures and calls for talks to find ways to rescind the stiff new import taxes imposed on goods from countries around the globe.
Trump’s Cryptic All-Caps Post During Market Collapse Sparks Furious Backlash
As global markets plunged on Friday, President Donald Trump posted a cryptic five-word message on his Truth Social platform, which many found tone-deaf and out of touch with the situation. The post came after Trump’s decision to raise tariffs, a move that sent stock markets into a tailspin. The stock market collapse followed the intensification of Trump’s trade war, which some fear could push the country into what Senator Chuck Schumer called th…
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