RawDiary

Trump's Tariff Bomb: 104% on China, Markets Brace for Impact

President Trump unleashes a massive 104% tariff on Chinese imports, threatening to upend global markets amid fierce Chinese vows to fight back. The move intensifies the trade war and could trigger economic chaos at home and abroad.

24 Hours Trump’s administration unleashes a 104% tariff on China, igniting a fierce trade war as Beijing vows to fight to the end. Legal battles rage as the Supreme Court blocks orders to rehire 16,000 fired federal workers, deepening GOP infighting. Immigration policies tighten with the IRS sharing data and DHS revoking migrant visas from a Biden app. International tensions mount with direct US-Iran nuclear talks and hardline moves in Panama. Stock markets plunge then rebound amid economic uncertainty, while energy policies push a coal revival. Local governments shut down industries and federal mismanagement stokes corruption scandals nationwide, as crisis deepens severely.

Number 104% - New tariff rate announced on Chinese imports

Quote These are obviously two individuals who have very different views on trade and on tariffs — White House Press Secretary Karoline Leavitt