RawDiary

Trump Threatens 50% Tariff on China - Trade War Escalates

President Trump has declared a massive 50% tariff on Chinese imports, marking a stark escalation in the ongoing trade war. Global markets tremble as economic uncertainty mounts and international trade faces a severe clash.

24 Hours President Trump escalates the trade war by threatening a 50% tariff on Chinese goods, sending shockwaves through global markets. Wall Street experiences wild volatility as tech stocks tumble and recession fears intensify. The Supreme Court intervenes in a controversial deportation case involving a misdirected Maryland man, while Congress clashes with Trump over unchecked tariff power. Internationally, the EU drops tariffs and Canada reports significant job losses amid the fallout. Federal rate cuts are debated as business leaders, including Elon Musk’s kin, condemn Trump’s policies. Protests erupt nationwide and legal battles deepening the national crisis, echoing widespread dismay.

Number 33,000 - Canadian jobs lost in March amid tariff fallout.

Quote "We're paying for NATO, so we're paying for its protection—and they're screwing us on trade." — Donald Trump