RawDiary

Trump Tariffs Launch: Pharma Levies Loom – Global Trade Shaken

President Trump’s aggressive tariff regime has kicked in, slamming 104% duties on Chinese imports and sparking fears across global markets. Trade partners scramble, and domestic industries brace for impact.

24 Hours President Trump’s sweeping tariffs have begun, imposing up to 104% on Chinese goods and triggering a global trade war. The aggressive measures are sending shockwaves through bond and stock markets, prompting widespread legal challenges and policy battles. The IRS faces internal turmoil as data-sharing deals with ICE spark resignations. Meanwhile, the Supreme Court upholds controversial dismissals of federal workers, and immigration enforcement tightens with steep fines. International rivals, including China and Canada, respond with retaliatory tariffs. Trade negotiations, tech industry shifts, and defense expenditures add to the economic uncertainty that now grips domestic and global markets. Impact is undeniable. Severe.

Number 104% - China faces a 104% tariff

Quote "I know what the hell I’m doing" — Donald Trump