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Trump, tariff and Global Trade War

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U.S. News & World Report |
Trump's "reciprocal" tariffs on dozens of countries were set to take effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negoti...
BBC |
Trump has threatened China with an extra tariff of 50% on goods imported into the US if it does not withdraw a countermeasure it announced on Friday.
Boston.com |
If they last a long time, economists and investors expect them to cause a recession.

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Trump's Latest Tariffs Loom, Set to Deepen Global Trade War
Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward. The S&P closed below 5,000 for the first time in nearly a year on Tuesday and is nearing a bear market,
Trump’s massive ‘reciprocal’ tariffs are now in place, upending global trade
Despite rattled financial markets, threats of retaliation and some of President Donald Trump’s biggest supporters encouraging him to back off his signature economic policy, he didn’t give in. His administration piled on heaps of new “reciprocal” tariffs Wednesday on dozens of American allies and adversaries alike,
Trump, defiant on tariffs, claims trade deals are imminent
The president is foreshadowing deals with multiple trading partners in an apparent effort to quell economic anxiety and prove his tariff plan is working.
Trump threatens new 50% tariffs on China
The US president says he will introduce the additional tariff unless China withdraws its own 34% counter-tariff on American goods.
U.S. stocks dive after another stunning day of reversals as uncertainty reigns about Trump's tariffs
U.S. stocks dove Tuesday after a second day of stunning reversals, as Wall Street veered from jubilation in the morning toward fear at the close because it still has no idea what to make of President Donald Trump's trade war,
Trump is trying to reinvent 1950 with his tariffs. He should be planning for 2050
President Donald Trump is overhauling the wrong economic policies, and it’s putting at risk national security and millions of future jobs.In a major escalation of his trade war, Trump this week announced tariffs on several US trading partners in the hopes that it’ll reinvigorate American manufacturing,
US stocks dive after another stunning reversal as uncertainty reigns about Trump’s tariffs
U.S. stocks dove Tuesday following another stunning reversal, with Wall Street veering from a huge gain at the opening of trading to more losses at the close, because investors still have no idea what to make of President Donald Trump’s trade war,
Trump's top trade rep under fire before Senate committee after days of market chaos
U.S. Trade Representative Jamieson Greer addressed the Senate Finance Committee a day after global markets swung wildly and some business leaders lambasted the president's aggressive bid to raise tariffs on almost every nation on earth.
Will the tariffs lead to a recession? Here’s how to know if we’re in one
Trump's sharp tariff hikes last week have heightened many economists' worries that the US could tip into recession.
First-quarter earnings will be all about tariffs and the economic outlook. But are forecasts worth anything?
JPMorgan and Delta Air Lines report this week — but “you can throw most forecasts out the door, if this tariff rate stays on for an extended period of time,” one analyst says.
Here's why experts think Trump's tariffs could hurt the U.S. economy
Mr. Trump has said the two new tariffs he unveiled Wednesday — a 10% universal duty on all U.S. imports and so-called reciprocal tariffs applied to imports from about 90 nations — will revitalize American manufacturing, create jobs and generate federal revenue.
How Tariffs Will Affect Economic Growth, Inflation
Deutsche Bank published estimates for how the tariffs will impact its forecasts for economic growth and inflation. Deutsche predicts gross domestic product will grow by about 1% this year if the tariffs remain the same as announced,
Larry Summers warns of economic carnage, millions of lost jobs as a result of Trump’s tariffs
Former Treasury Secretary Lawrence Summers warned that America is increasingly likely to slip into recession due to escalating tariffs — potentially costing 2 million jobs nationwide.
Piper Sandler Economists Forecast Tariffs Will Spur Higher Inflation, Economic Contraction
Economists at Piper Sandler, an investment bank, said that President Trump’s tariffs are more dramatic and darker for the U.S. economic outlook than they had expected. The firm’s Nancy Lazar and Jake Oubina expect that tariffs will add 2.
Tariffs To Have Little Impact On Prices And Growth, Retail Federation Projects
Despite uncertainty around tariffs, the NRF gives a positive projection for retail growth in 2025 with expectations that inflation will remain at current levels.
Exclusive: German economic institutes cut forecast for 2025 to 0.1% growth, sources say
German economic institutes have cut their forecast for this year to 0.1% growth from the 0.8% growth expected in September, two sources told Reuters on Tuesday, adding that the revision does not include yet the latest tariffs announced by the United States.
Malaysia central bank to look beyond interest rates amid tariffs
It says strong investment activity, resilient domestic demand will help provide support to the economy Read more at straitstimes.com. Read more at straitstimes.com.
How Trump's tariffs might affect you and your money
The tariffs Trump has just announced will be paid for by the businesses which import goods into the US. Clarissa Hahn, economist at Oxford Economics, says this means that the initial impact of price rises will be on US consumers, as American firms are likely to pass on the extra costs to their customers.
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