RawDiary

Trump’s Tariffs: China Fights Back … Reshaping Global Trade

In a stunning escalation, President Trump’s new tariff regime has provoked a fierce rebuttal from China. Markets are reeling as import numbers plummet and global trade dynamics shift. Analysts warn that these unprecedented tariffs, now set at 104% for Chinese goods, could trigger a domino effect across industries. The policy action, underscored by hard-hitting rhetoric, signals a radical repositioning in U.S. economic strategy. Immediate impacts are visible in reduced auto imports and volatile market futures, further fueling investor uncertainty.

24 Hours President Trump’s aggressive tariff strategy is reshaping global trade as China vows to fight back. Markets react sharply with stock futures surging then faltering while auto imports plunge. The Supreme Court backs Trump by blocking orders to rehire fired federal workers, reinforcing his authority. Immigration enforcement intensifies with $1K daily fines for illegal migrants and data sharing from the IRS fueling deportation efforts. Congressional battles heat up as senators and House leaders clash over budget and tax reforms. Cyber breaches target government regulators while diplomatic meetings signal a shifting international order. The nation braces for sustained economic and geopolitical volatility.

Number 104% - New China tariff rate announced

Quote ‘Navarro is truly a moron’ — Elon Musk