Global markets slid sharply as U.S. President Donald Trump reignited trade war fears over Greenland, sending gold and silver to record highs and triggering a renewed “Sell America” trade across stocks, bonds, and currencies.
A US appeals court has ruled Donald Trump’s global tariffs illegal, striking at the core of his economic agenda. With tariffs delayed until October 14, Trump is vowing to fight back in the Supreme Court. Here’s what the ruling means for trade, global markets, diplomacy, and the 2025 election.
Communication lines reopen and Markets Rise as Trump-Xi Phone Call Sparks Fresh Hopes for US-China Trade Deal. Markets worldwide reacted with cautious optimism after U.S. President Donald Trump and Chinese President Xi Jinping held a long-awaited 90-minute phone call on Thursday. The Trump-Xi call, described by both sides as “very positive,” reopened communication channels to ease prolonged trade tensions between the world’s two largest economies.
Setting his eyes on high-tech and defense manufacturing Donald Trump Defends Tariff Policy: “We Want to Make Tanks, Not T-Shirts.” On May 25, 2025, U.S. President Donald Trump defended his controversial tariff policy, emphasizing that the aim is to boost domestic manufacturing of military equipment, advanced technology products, and large-scale industrial goods—not consumer textiles like sneakers and T-shirts. Speaking to reporters before boarding Air Force One in New Jersey, Trump reiterated his administration’s priority: reviving the American manufacturing sector in strategic industries such as defense, semiconductors, and AI technology.
A significant reduction in reciprocal tariffs in a recent US-China Trade Deal: Tariffs Slashed by 115% in Historic 90-Day Agreement to Ease Tensions. In a surprising turn of events, the United States and China have agreed to cutting combined duties by 115% for a period of 90 days offering a much-needed breather in the long-running US-China trade war. The deal, finalized during weekend trade talks in Geneva.
In a dramatic turn of events Trump Slaps China with 104% Tariff in Escalating Trade War, Signals Major Pharma Duties Ahead. A record-breaking 104% tariff on all Chinese imports, effective Wednesday, is officially imposed by President Donald Trump, in a dramatic escalation of the ongoing U.S.-China trade war. The announcement was confirmed just after midnight by the White House. Trump issued a 24-hour ultimatum to China to roll back its retaliatory 34% tariffs on American goods. In less than a week, Trump’s decision on Chinese imports, marks a near 100% increase in tariffs, pushing global markets into a tailspin. Manufacturers and economists alike warn of economic shocks.
In an intense tariff game Trump Threatens 50% Tariffs on China as Trade War Intensifies and Global Markets Tumble. In the ongoing trade dispute between the US and China, U.S. President Donald Trump threatened Beijing unless it withdraws its latest 34% retaliatory tariffs on American goods, he would impose an additional 50% tariff on Chinese imports. Trump via his Truth Social platform issued an ultimatum to China until Tuesday, April 8, to comply or face the new trade penalties.
Today, April 2, 2025 Donald Trump’s “Liberation Day” Tariffs Set to Restructure Global Trade. A landmark announcement on tariffs will be made today by US President Donald Trump. He is set to make the announcement today – a move he calls “Liberation Day.” The decision, will impose new duties on imports from a wide range of countries. This has sent shockwaves through global markets and has raised concerns about a possible trade war.