Jeremy Siegel from Wharton School claims Trump's tariffs are the biggest policy mistake in 95 years. He warns short-term traders of potential market turbulence. He also expects the Federal Reserve to cut interest rates soon due to the global impact of the tariffs.
Donald Trump's tariffs - how will the international film and TV industry be hit by the President's "liberation day" re streaming, advertising etc?
President Donald Trump announced reciprocal tariffs and a 25% tariff on car imports on his much-anticipated "Liberation Day" tariff rollout.
Trump’s “Liberation Day” moves saw the introduction of a 10% tariff on all imported goods, and additional import taxes—of varying degrees—placed on 60 other countries.The U.S. and global markets have already started to feel the impact of Trump’s tariffs,
Just days after Trump unveiled sweeping new “reciprocal” tariffs on imports from around the world, China levied a retaliatory 34% tariff on all US products starting April 10.
Global markets on Thursday were severely rattled by President Donald Trump’s historic tariff announcement, which threatens to throw the US and the rest of the world into a recession.