TOI explainer: The math behind Donald Trump’s 104% tariffs on China
Wednesday, 9 April 2025 Donald Trump's new "reciprocal" tariffs, now at 104% on Chinese goods, have triggered a global trade war, disrupting markets and sparking recession fears. This layered tariff approach, starting with duties related to fentanyl and escalating with retaliatory measures, has sent stock markets plummeting and is expected to raise consumer prices.
On today’s, The Bald Brad Show, we cover how President Donald Trump just threatened tariffs AND sanctions on Mexico for stealing 1.3 million acre-feet of water from Texas farmers — violating the 1944 Water Treaty and driving South Texas into a full-blown farming crisis. #news #politics #democrats
Trump unleashed a scathing attack on China, Ukraine, and the Houthis, with prominent figures like Elon Musk, Tulsi Gabbard, and Pete Hegseth in attendance. As tensions escalate globally, Trump didn’t..
US economy has contracted for the first time in three years, raising alarms over a potential recession. This downturn is being linked to the abrupt economic policies enacted during Trump's tenure,..
Trump declared that his tariffs are having a devastating impact on China’s economy, claiming that factories are shutting down and cargo ships are "turning back." Speaking with visible satisfaction,..
President Trump’s new tariff plan includes a 10% universal tariff on imports, followed by country-specific tariffs. China faces the highest tariffs, up to 54%.... IndiaTimes