Trump’s Tariff Shock Erases $3.1 Trillion From U.S. Markets
President Donald Trump announced on April 2, 2025, a comprehensive tariff regime that imposes a baseline 10% tariff on all imports, with a higher rate targeting specific countries. China faces a total tariff of 54%, the European Union 20%, Japan 24%, and other countries that vary between 20%to 50%. The global leaders condemned tariffs, … Read more