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Inside Trump’s defiant response to the markets’ tariff meltdown

  • President Donald Trump's new tariffs are causing a significant market sell-off and anger from corporate America, with stocks experiencing a decline of over 10% from their December highs.
  • China has announced a 34% tariff on U.S. Goods in retaliation, escalating trade tensions, as reported by multiple outlets.
  • Federal Reserve Chairman Jerome Powell warned of economic uncertainty, highlighting risks of inflation and unemployment.
  • World Trade Organization Director-General Ngozi Okonjo-Iweala warned that Trump's policies could lead to a 1% contraction in global trade this year.
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Inside Trump’s defiant response to the markets’ tariff meltdown

President Donald Trump’s sweeping new tariffs are facing blowback from all corners – a market sell-off, foreign retaliation, anger from corporate America and skepticism from the Federal Reserve chairman and some allies in Congress. So far, the president is defiant in the face of the global turbulence.

·Atlanta, United States
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  • 72% of the sources are Center
72% Center
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The Daily Hodl broke the news in on Friday, April 4, 2025.
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