Trump Vows Tariffs ‘Will Never Change’ as Global Backlash Grows, Markets Crash, and Allies Retaliate
Video Credit: Oneindia - Duration: 03:03s - Published
Trump Vows Tariffs ‘Will Never Change’ as Global Backlash Grows, Markets Crash, and Allies Retaliate
US President Donald Trump has pledged unwavering commitment to his aggressive tariff strategy, calling it a chance to “get rich.” Despite a massive stock market crash and mounting global backlash, Trump insisted tariffs are essential to protect American jobs.
China, Canada, and the EU have responded with retaliatory duties, sparking fears of a global trade war.
The WTO warns of economic contraction, while the US Fed sees inflation risks rising.
Still, Trump’s administration denies any harm to American businesses, claiming domestic growth will offset global tensions.
Donald Trump has said he is "surprised" the public wasn't "notified a long time ago" after Joe Biden was diagnosed with an aggressive form of prostate cancer. Sky News
President Donald Trump says his two-hour call with Vladimir Putin on the Ukraine war “went very well.” Following the conversation, Trump announced that Russia and Ukraine will immediately begin negotiations toward a ceasefire. Describing the call as “excellent,” Trump emphasized that only Russia and Ukraine can define the terms. He claimed Russia is eager to pursue major trade with the U.S. post-war and that both Russia and Ukraine could benefit economically. Trump also held follow-up talks with Ukrainian President Zelenskyy and European leaders on next steps toward peace.
#Trump #Putin #UkraineWar #CeasefireTalks #RussiaUkraine #TrumpPutinCall #PeaceNegotiations #Geopolitics #VladimirPutin #VolodymyrZelenskyy #USForeignPolicy #Diplomacy #WorldNews #BreakingNews #Ceasefire #EndTheWar #UkraineConflict #TrumpSpeech #PeaceDeal #TradeTalks #GlobalPolitics #Trump2024 #RussiaNews #UkraineUpdate #WhiteHouse #NATO #Europe #PeaceEfforts #RebuildUkraine #InternationalRelations
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U.S President Donald Trump’s two-hour phone call with Russian President Vladimir Putin has emerged as a pivotal moment in his foreign policy approach. In this conversation, Putin plays hardball, testing Trump’s resolve and approach to global diplomacy. As Trump navigates this high-stakes discussion, it could prove to be one of his most significant challenges on the international stage. Dive into the details of the call and what it means for U.S.-Russia relations moving forward.
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Asian markets surged after the U.S. and China held "substantial" trade talks in Geneva, offering hope for a resolution to the tariff war that has shaken global markets. With earlier tariffs reaching as high as 145% on Chinese goods and 125% in retaliation, fears of a recession had loomed large. But both sides called the discussions constructive, raising expectations for a deal. The WTO praised the talks as a "significant step forward," while U.S. futures, oil, and the dollar all climbed on optimism of easing tensions.
#USChinaTrade #GlobalMarkets #TradeTalks #TariffWar #GenevaSummit #MarketRally #WTO #TradeBreakthrough #USPolitics #ChinaNews #AsianMarkets #TrumpTariffs #TradePolicy #GlobalEconomy #RecessionFears #EconomicDiplomacy #HeLifeng #NgoziOkonjoIweala #USChinaRelations #StockMarket #OilPrices #GoldPrices #DollarIndex #SupplyChains #BusinessNews #InternationalTrade #TariffDrop #InvestingNews #WorldMarkets #TradeDeal #Geneva
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Amid rising trade tensions, US Treasury Secretary Scott Bessent has hinted at delisting Chinese firms from American stock markets. As Trump hikes tariffs on Chinese imports to 104%, Beijing retaliates with 84% on US goods. China accuses Washington of violating trade norms and files a WTO complaint. With over 280 Chinese firms listed in the US, including Alibaba, this move could send shockwaves through global markets. Bessent warns of deeper escalation if China devalues its currency, urging negotiation before the economic crossfire intensifies further.
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President Trump launched a fiery critique of past U.S. trade policy, accusing former leaders of enabling China’s rise by allowing unfair advantages through the World Trade Organization (WTO). He claimed China manipulated the system by branding itself a "developing nation" while gaining economic dominance. Trump also criticized U.S. officials for being complicit, saying “they allowed this to happen.” His comments come amid escalating tariff tensions and renewed trade negotiations, reflecting a hardline stance on correcting what he calls decades of economic betrayal.
#Trump #ChinaTrade #WTO #TradeWar #Tariffs #TrumpSpeech #POTUS #USChinaTensions #DevelopingNation #GlobalTrade #USPolitics #TradeCrisis #TrumpVsChina #EconomicPolicy #WhiteHouse #BreakingNews #TradeTalks #AmericaFirst #WTOCriticism #TrumpBlames
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China has blasted the United States for imposing new 34% tariffs, calling the move "economic bullying" and a threat to global stability. Beijing warns that the escalating tariff war may disrupt supply chains, hike consumer prices, and even spark a global recession. In response, China will impose a matching 34% tariff on all US goods by April 10 and has filed a complaint with the WTO. As markets tumble worldwide, experts warn the ongoing tit-for-tat is more about politics than policy — and it’s dragging the global economy down with it.
#USChinaTensions #TradeWar #TrumpTariffs #ChinaRetaliates #GlobalRecession #EconomicBullying#WTOComplaint #TariffBattle #BeijingResponds #Protectionism #GlobalTradeCrisis #TrumpChinaConflict#MarketCrash #ChinaUSTrade #GlobalMarketsFall #ConsumerPrices #TradeStandoff #LinJian #34PercentTariff
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First EU-UK summit starts with deals on fishing and defence following overnight talks
Talks between the two sides went down to the wire as the EU stuck to its stance that nothing is agreed until everything is agreed and Prime Minister Starmer faces political headwinds at home.
READ MORE : http://www.euronews.com/2025/05/19/first-ever-eu-uk-summit-begins-with-deals-reached-on-fishing-and-defence-following-overnig
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Credit: euronews (in English) Duration: 01:24Published
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Credit: euronews (in English) Duration: 01:30Published
Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fed’s latest economic report as a “complete mess.” Trump accused Powell of being “too late and wrong” on interest rate policy and compared him unfavorably to the European Central Bank, which just issued its seventh rate cut in a year. The outburst follows Powell’s stark warning that Trump’s sweeping tariffs could drive the U.S. into stagflation. With Powell’s term running through 2026 and legal protections in place, Trump’s demand has ignited a constitutional debate over presidential power and the independence of America’s central bank.
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