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The Federal Reserve is not likely to rescue markets and economy from tariff turmoil anytime soon

  • President Donald Trump announced new tariffs ranging from 10% to 54% on April 2, 2025, during a White House event, which included a speech filled with conspiracy theories.
  • The Dow Jones Industrial Average dropped by 1,500 points following the announcement, as global reactions turned negative, raising concerns about price increases for consumers in the U.S.
  • A YouGov poll indicated that 51% of respondents disapproved of Trump's tariffs, while 67% believed consumer prices would rise as a result.
  • Ursula von der Leyen, President of the European Commission, commented on the situation, citing the complexity and chaos created as all U.S. Trading partners are affected.
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The Federal Reserve is not likely to rescue markets and economy from tariff turmoil anytime soon

Should the president hold fast to his tougher-than-expected trade policy, there's a material risk of at least near-term costs.

·United States
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Bias Distribution

  • 43% of the sources lean Left, 43% of the sources lean Right
43% Right
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newspakistan.tv broke the news in on Wednesday, April 2, 2025.
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