The Federal Reserve is not likely to rescue markets and economy from tariff turmoil anytime soon
- President Donald Trump announced new tariffs ranging from 10% to 54% on April 2, 2025, during an event at the White House.
- The Dow Jones Industrial Average dropped 1,500 points in early trading due to Trump's tariff announcements, affecting global markets negatively.
- A YouGov poll revealed that 51% of respondents disapprove of Trump's tariff actions, indicating public opposition.
- European leaders expressed strong concerns, with Ursula von der Leyen stating there is 'no clear path through the complexity and chaos' caused by the tariffs.
32 Articles
32 Articles
‘Chaos’: World leaders slam Trump’s tariff bomb as global economy reels
Leaders from around the world are reacting negatively to President Donald Trump’s announcement on Wednesday of new tariffs on various countries ranging from 10% to 54%. Trump signed an executive order kicking off the tariff hikes at a White House event...
(S+) Opinion: Donald Trump: Penalties and their consequences for the global economy
Donald Trump's customs policy threatens to plunge the world into chaos. The biggest profiteer could be China at the end. There, the slogan of the US president is already translated into »America alone«.
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