Trump's 104% tariffs could cut down China’s GDP growth by 2.4 percentage points, warns Goldman Sachs
Wednesday, 9 April 2025 US President Trump's tariffs, now fully implemented, are projected to significantly impact China's economy, potentially reducing its growth by 2.4%. Goldman Sachs forecasts a lower 4.5% growth for China, against its 5% target. These tariffs, along with levies on other nations like Lesotho, Vietnam, and the EU, escalate global trade tensions. China has vowed retaliation, prompting Trump to threaten further tariffs.
Dave Rubin of “The Rubin Report” talks to Jeffrey Tucker and Anthony Pompliano about Donald Trump’s increasing of tariffs on China and if Trump or Xi Jinping is more likely to blink first in the escalating trade war; the “All-In Podcast’s” Chamath Palihapitiya explaining to...
During a joint press conference, Trump and Bukele addressed reporters, with the first question focused on the ongoing war in Ukraine. Trump criticized the Biden administration, calling the war a..
DESC: El Salvador’s President Nayib Bukele ignited backlash during a high-profile meeting with Donald Trump at the White House, refusing to return Kilmar Abrego Garcia — a man the U.S. admits was..
White House Press Secretary Karoline Leavitt delivers a live update, stating that President Donald Trump remains optimistic about reaching a trade agreement with China, despite ongoing tensions and..
India's economic growth could be slashed by 0.5% due to US tariffs, according to Finance Secretary Seth. Speaking in Washington, Seth highlighted potential... IndiaTimes
Wednesday, 9 April 2025
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