Trump’s Trade War Begins
- President Donald Trump announced new tariffs on multiple countries, including Heard Island and McDonald Islands, during a "Liberation Day" event at the White House.
- The Dow Jones Industrial Average fell 1,500 points, a 4% drop, after the tariffs announcement, affecting major companies like Nike and Apple.
- Analysts warn that these tariffs could raise consumer prices drastically across various products, disrupting trade agreements and economic stability.
- Critics, including The Economist, state that Trump's tariffs could lead to a global trade war that harms the economy more than helps it.
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Total News Sources4
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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