Donald Trump Tariffs News: US President Donald Trump’s tariff policies have further escalated the global trade war. Stock markets around the world have fallen due to the retaliatory action of China and the European Union. Oil prices also fell. Experts have started fearing a recession.
Donald Trump Tariffs News : The world has been hit by a major economic crisis. US President Donald Trump’s strict tariff rules fueled the global trade war, which worsened the situation on Monday. Trump threatened an additional 50% tariff on China, while the European Union also proposed a 25% retaliatory tariff. The result? Stock markets around the world are continuously falling. Oil prices fell to $60 per barrel. Russia, which is dependent on oil and is in crisis due to the war, its Urals oil reached close to $50. China also took steps against America. Trump claims that these tariffs will strengthen America, but the world is afraid that recession is near. Billions have been lost in the markets.
Donald Trump Tariffs : Vietnam will buy more goods from America
Vietnam has played a big bet to avoid Trump’s tariff. On Tuesday morning, Prime Minister Pham Minh Chinh announced that Vietnam will buy more goods from America. This will also include security and defense related products. Not only this, he also demanded faster delivery of American aircraft. Vietnam is facing the threat of Trump’s 46% tariff, which can harm it the most.
Donald Trump Tariffs: Indian market boom
The Indian stock market has made a great start on 8 April 2025. The market opened with a gap-up opening of 1.5 percent in the morning, which is a big relief news for investors. This boom has come amid global trade tensions, when markets around the world are staggering due to Trump’s tariffs. A day before this, a big decline was seen in the Indian market.
Donald Trump Tariffs : Taiwan opens door for tariff talks with US
Taiwan has extended its hand for talks with the US on tariffs and trade. On Tuesday morning, Foreign Minister Lin Chia-lung said that he is ready to talk to the US at any time. This statement came after Taiwan’s stock market crashed to its biggest ever decline on Monday.
Donald Trump Tariffs : South Korea begins tariff talks with Trump
South Korea has geared up to save its trade with the US. On Tuesday, Trade Minister Cheong In-kyo said that he is considering several measures to increase imports from the US. This statement came when he left for the US, where tough negotiations are to be held on the new tariffs of the Trump administration. Trump has opened the door to talk about tariffs with other countries besides China, which Seoul is seeing as an opportunity.
Donald Trump Tariffs: Yunus appeals to America
Bangladesh interim government’s chief advisor Muhammad Yunus has written a letter to US President Donald Trump. In this letter sent on Monday, he has asked Trump to postpone the 37% counter tariff imposed on Bangladeshi goods for three months. Trump earlier increased the 15% tariff to 37%, which could derail Bangladesh’s readymade garments (RMG) business. It exports $8.4 billion annually to the US. Trump says that Bangladesh imposes a 74% tariff on American goods, so this step was taken in response. But Bangladesh is already in crisis. The economy is faltering after the interim government came to power in August 2024. Factories are closing, raw materials are not available. Garment workers are on the streets, striking against arrears and poor conditions.
Donald Trump Tariffs: China responds
US President Trump has threatened an additional 50 percent tariff on China. On Tuesday, China has given a strong message to America. China’s Commerce Ministry said that it will take every step to protect its rights and interests. The ministry termed America’s ‘so-called reciprocal tariff’ as baseless and ‘unilateral hooliganism’. China has already imposed retaliatory tariffs and has now hinted at more stringent measures. The ministry says, ‘Our response is for our sovereignty, security and development, it is completely justified. Trump’s threat is a mistake after a mistake, it shows his habit of blackmailing. We will not tolerate this. If America remains adamant on its stubbornness, then China will fight till the last breath!’
Donald Trump Tariffs LIVE: China calls Trump’s tariff threat ‘mistake after mistake’
China has completely rejected US President Donald Trump’s latest tariff threat. On Monday morning at 06:43, China’s Commerce Ministry called it ‘mistake after mistake’. Trump had threatened 50% additional tariff on goods coming from China, which China called ‘blackmail’. The ministry clearly said that it will never tolerate this pressure from America and will fight against the tariff till the last breath. China has demanded that all tariff plans be canceled and the differences between the two countries be resolved through talks.
Property prices have doubled in four years, investors in Noida-Gurugram are making a lot of money
