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...
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..
During a fiery moment at President Trump’s Cabinet meeting, Vice President J.D. Vance lashed out at the media, accusing them of ignoring Trump’s achievements and focusing instead on “fake..
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,..
Wednesday, 9 April 2025 ()
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