Are Trump’s tariffs a negotiating tool? Depends on whom you ask
- President Trump's tariff increases triggered an escalating trade war on Friday, impacting global markets.
- Trump initiated tariffs, while China announced a 34% tax on U.S. Imports as a retaliatory measure.
- Stock markets declined, and Jaguar Land Rover paused U.S. Shipments to mitigate a new 25% tax.
- China's Guo Jiakun said, "The trade and tariff war started by the U.S. Against the world is unprovoked and unjustified."
- The trade war prompted Taiwan to provide a $2.65 billion fund for affected industries, while Italy cautioned against counter-tariffs.
91 Articles
91 Articles
'Did you anticipate this?' Trump adviser put on the spot over tariff financial chaos
Donald Trump's Senior Counselor for Trade, Peter Navarro, faced a blizzard of questions on CNN on Saturday morning as he attempted to put a happy face on the president's trade war with the rest of the world.Speaking with host Michael Smerconish, the Trump insider was put on the spot over the wreckage on Wall Street as the Dow Jones slid downward over 4,000 points since Navarro's boss announced his sweeping tariff plan.During the animated back an…


The Latest: Trump’s tariffs unleash trade war and calls for negotiations
U.S. President Donald Trump’s big raise in tariffs has triggered an escalating trade war and sent global markets plummeting. The S&P 500 fell 6% Friday, the Dow Jones Industrial Average plunged 5.5% and the Nasdaq composite dropped 5.8%. China announced Friday that it will impose a 34% tax on all U.S. imports next week, part of a flurry of retaliatory measures to Trump’s new tariffs. Trump has doubled down on his commitment to tariffs, maintaini…
Trump tariffs start to take effect as markets reel from trade war
Some of President Donald Trump’s tariffs, which have sent markets plunging and deepened a global trade war, are now in effect. Meanwhile, protesters are gathering across the US to rally against Trump policies and Elon Musk’s DOGE. Follow for live updates.
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