Trump says there will be no exemptions from steel and aluminum tariffs
- Asian markets fluctuated as uncertainty looms over potential tariffs from the U.S., raising fears of economic impact.
- U.S. President Donald Trump has stated there will be no exemptions from tariffs on key imports like steel and aluminum, labeling April 2 as 'Liberation Day'.
- Chinese Premier Li Qiang warned of 'shocks that exceed expectations' and highlighted rising instability due to U.S. policies.
- Australian Treasurer Jim Chalmers remarked that Trump's tariffs are 'not surprising, but they are seismic,' reflecting global concern about trade implications.
180 Articles
180 Articles
Tech Sector To See Major Impact from Tariffs and Tesla's Delivery Numbers, Predicts Top Analyst: Calls April 2 As The 'Vortex Day' - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
Gene Munster, managing partner at Deepwater Asset Management, has expressed concern over the potential impact of new tariffs on the tech sector, particularly on “Mag Seven” stocks. What Happened: Speaking to CNBC on Monday, Munster noted that most of the “Mag Seven” tech stocks have been on a downward trend this year, with Meta being the only exception. He anticipates that the sector could face additional pressure as new tariffs are set to take …
The real US jobs disruptor? America's own future
US President Donald Trump’s latest tariffs, set to take effect on April 2, mark a renewed push for economic nationalism, targeting steel, aluminum, autos and other imports. The White House frames it as a move toward reciprocal trade, a boost for US manufacturing and the growth of blue-collar jobs. The reality is rising costs for […] The post The real US jobs disruptor? America’s own future appeared first on Asia Times.
With the avalanche of contradictory announcements, unfulfilled threats, last-minute corrections, confusing messages, and changes of Donald Trump’s opinion on tariffs, it is hard not to miss out on what his plans are. The President of the United States, however, has lowered the scope of protectionist measures to be announced on April 2, the date that has so grandly baptized as the “Liberation Day.”
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