RawDiary

RawDiary Logo
Edition from 2025-03-12, 11 PM UTC

Trade war escalates as Trump vows fresh tariffs

President Trump announced new tariff threats that could upend global trade, hitting auto and metal sectors hard. Markets brace as the EU and Canada retaliate with hefty tariffs, signaling intensifying international tensions. This move sets the stage for a prolonged trade conflict that could ripple across the global economy.

**********************************************************************************************************************************************************************************************************************************

24 Hours President Trump ignited a fierce trade war by vowing fresh tariffs, sending shockwaves through global markets as auto and metal sectors brace for higher costs. The EU and Canada struck back with hefty retaliatory tariffs, deepening international tensions. Domestically, Trump’s administration is slashing federal workforces—cutting thousands of Education Department jobs—and dismantling key environmental protections via sweeping EPA rollbacks. Meanwhile, U.S. inflation dropped to 2.8% even as the federal deficit soared past $1 trillion, fueling economic anxiety. In a bid for peace, Ukraine agreed to a 30-day ceasefire amid renewed military aid and diplomatic outreach. This signals a global shift.

Number 2.8% - Inflation rate in February

Quote "Schumer is a Palestinian," — President Trump

**********************************************************************************************************************************************************************************************************************************
TOPICS
→ Submit News | RSS