RawDiary

Trump Launches Tariffs – Global Markets Shudder

President Trump's sweeping new tariffs have sent shockwaves through global markets as import duties spark volatile reactions. Experts warn the trade war could trigger a recession, provoke retaliatory measures from China, and upend international alliances.

24 Hours President Trump’s aggressive tariff campaign has dramatically reshaped global trade, igniting a fierce retaliatory response from China with 84 percent levies. Markets have reacted violently, with bond yields soaring and stocks tumbling amid uncertainty. Inside the US, political turmoil deepens as congressional battles rage and IRS officials resign over controversial immigration data deals. Internationally, allies and adversaries alike adjust strategies, with the EU imposing countermeasures and diplomatic tensions rising. Protesters have taken to the streets, while legal challenges and free speech disputes further complicate the landscape. Global economic and security orders face unprecedented disruption. The entire world stands in shock.

Number 84% - China's retaliatory tariff on US goods

Quote "They're calling us up, kissing my ass" — Donald Trump