What Wisconsinites may want to know as tariffs impact global markets
- President Trump announced sweeping tariffs on U.S. Trading partners on Wednesday.
- Mounting trade tensions and volatility in global markets preceded this tariff announcement.
- The tariffs included 10% across-the-board levies and higher taxes for specific nations.
- Peter Tchir noted, "The numbers are shockingly high compared to what people expected."
- Markets reacted sharply, suggesting concern about trade war escalation and economic impact.
7 Articles
7 Articles
Tabletop teams near panic as Trump tariffs could kill decades of growth
President Donald Trump unveiled sweeping tariffs on foreign goods Wednesday, with the reportedly “arbitrary” levies exceeding 60% in some cases. While the tariffs were long expected, one business analyst told CNBC that the administration’s plans are “worse than the worst case scenario.” With most tabletop games produced overseas, many in China, the impact could be devastating. Developers and publishers are sounding the alarm. The games you play …
‘It’s a disaster’: Global markets reel after Trump unveils tariffs - West Hawaii Today
Markets around the world shuddered on Thursday after President Donald Trump announced across-the-board 10% tariffs on all U.S. trading partners except Canada and Mexico, as well as even higher tariffs on dozens of America’s other main trading partners.
‘It’s a disaster’: Global markets reel after Trump unveils tariffs - Hawaii Tribune-Herald
Wall Street shuddered as President Donald Trump announced sweeping tariffs on countries across the globe Wednesday, with the administration unveiling higher taxes on imports than investors had expected, weighing on markets around the world.
Markets reel as US tariffs stoke fear of economic 'spiral of doom'
NEW YORK/LONDON, April 3 (Reuters) – President Donald Trump’s new tariffs sent shockwaves through global financial markets on Thursday, with the dollar and U.S. stocks among the hardest hit on fears that a broadening trade war would push an already fragile world economy into recession. Trump’s 10% baseline levy on all U.S. imports, with much higher duties imposed on some countries, sent investors fleeing risky assets as they worried Trump was up…
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