US EditionTrump defends tariffs after markets plunge for second straight day: ‘Economic revolution’
- Donald Trump announced reciprocal tariffs on various nations, including a 34-percent tariff on China and a 20-percent tariff on the European Union, set to take effect on April 9, to address trade imbalances.
- Trump claimed these tariffs are leading to over five trillion dollars in investments in the United States, citing major commitments from companies like Stargate and Apple.
- Despite a drop in US stocks, Trump urged Americans to endure short-term hardships, promising that the economic realignment will deliver 'historic' results.
- He stated, 'China has been hit much harder than the USA, not even close.
28 Articles
28 Articles
"This Is Economic Revolution": Donald Trump Amid Sweeping Tariffs
US President Donald Trump doubled down Saturday on sweeping tariffs he unleashed on countries around the world, warning Americans of pain ahead, but promising historic investment and prosperity. The comments came as Trump's widest-ranging trade measures took effect in a move that could trigger retaliation and escalating economic tensions, with the British and French leaders saying "nothing should be off the table" in response. Trump, acknowledgi…
Donald Trump’s tariff blitz kicks in — ’This is an economic revolution, and we will win’
President Donald Trump’s new tariffs — a $10 universal import duty and reciprocal levies on 90 countries — took effect Saturday, triggering market turbulence and prompting a swift 34% retaliatory tariff from China. Trump hailed the move as a bold push to “Make America Great Again.”
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