President Trump faces backlash over escalating trade war
- Global markets plunged on Monday, April 7, after last week's Wall Street meltdown.
- These market reactions stemmed from concerns about President Trump's new tariff policies.
- The tariffs, some as high as 34%, target key trading partners and disrupt global trade.
- Trump stated he would not back down, calling the tariffs 'medicine' to fix trade deficits.
- Experts warn of economic uncertainty as countries retaliate, potentially causing recession and disrupting supply chains.
128 Articles
128 Articles
'Shudders through every level of GOP': Analysts warn Trump major backlash brewing
Republicans are growing restless and frustrated over President Donald Trump's escalating trade war — and some strategists are warning he's set to trigger a dangerous backlash, Politico reported on Tuesday.Trump's "Liberation Day" tariffs, dubbed a "reciprocal" scheme even though the tariffs are in m...
'Backlash': Market turmoil 'divides the party' as GOP voters and Trump allies 'reassess the president'
In what may be the most prolonged criticism President Donald Trump has encountered from the Republican Party, dissent within the GOP regarding the current market chaos is growing.Stephen Moore, a Trump economic advisor who has cast doubts on his trade policies, told Politico in a report published Tuesday it's a question of “what the pain threshold is for the American people and the Republican voters."“We’ve all lost a lot of money," Moore said, …
Stock market rollercoasters: Dow drops 350 points after wild swings on Trump tariffs, Asian circuit breakers, ‘fake news’
U.S. stocks fluctuated significantly in a volatile trading day on mixed messages from the Trump administration on high tariffs and potential trade wars and mixed market reactions to selloffs on Wall Street and across the globe.
A Rarely Dramatic Headline Says It All About What America's Largest Bank Thinks About Trump's Trade War
The world economy is going into recession, and the stock price declines will continue unless the US, China and Europe quickly find a solution to the trade war, writes financial analyst Frank Hvid in this analysis.
Coverage Details
Bias Distribution
- 56% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage