Winners, losers from Donald Trump’s tariffs
- Trade turmoil spread to credit and the US bond market overnight in Asia, impacting share prices.
- Bond markets are skeptical about Trump's tariff policy, contributing to this market disruption.
- Trading in US government debt saw interest rates rise to 5% during overnight trading.
- Treasury Secretary Scott Bessent stated, "We saw the successful negotiating strategy that President Trump implemented a week ago today."
- Trump paused tariff implementation for 90 days, potentially influenced by advisors, while a 10% tariff remains.
24 Articles
24 Articles
Winners, losers from Donald Trump’s tariffs
(The Hill) - President Trump blinked on Wednesday, pausing most of the tariffs he had sought to put on nations around the world. The one big exception is China, now the focus of an escalating trade war. American tariffs on China now total 145 percent, while China has sought retribution with levies on U.S. imports that it raised to 125 percent in the early hours of Friday. Trump’s retreat on the broader international tariffs came after trillions …
Trump faces a marathon of trade negotiations with his weakened position
“When a country (US) is losing many billions of dollars in trade with virtually every country it does business with, trade wars are good, and easy to win.” Donald Trump’s 2018 tweet defines the philosophy he tested this month and has failed. If trade wars are good when there is a deficit, and since the US closed 2024 with a record trade deficit of 1.2 trillion, declaring trade war to everyone at the same time seemed a great idea to the US presid…


Josh Hawley Says Liberals ‘Going Crazy’ Because They Know Trump Is Right On China And Biden Wasn’t
Sen. Josh Hawley said on Fox News Thursday that the liberals are "going crazy" because they know President Donald Trump is right about China.
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