Particle.news
Download on the App Store
70 ARTICLES
·
3w ago

Trump's Tariff Policy Triggers Global Market Turmoil and Diplomatic Negotiations

Over 50 countries seek trade talks as sweeping U.S. tariffs take effect, with fears of a global recession mounting and bipartisan criticism intensifying.

CNN anchor Jake Tapper questions Agriculture Secretary Brooke Rollins during a Sunday interview on news program State of the Union.
Vietnam, which sends 30 per cent of its total exports to the US, will be hit with tariffs of 46 per cent

Overview

  • President Trump's 10% baseline tariff on nearly all imports began on April 5, with higher rates targeting specific countries set to take effect on April 9.
  • The tariffs have caused $6 trillion in U.S. stock market losses, raising fears of a global recession as economists revise GDP growth forecasts downward.
  • More than 50 countries, including allies like Taiwan and Israel, have contacted the White House to negotiate trade terms in response to the tariffs.
  • The Trump administration has sent mixed signals about the tariffs' permanence, with officials describing them as both a negotiating tool and a long-term strategy.
  • Bipartisan criticism is growing, with some lawmakers pushing for Congressional oversight of tariff powers, while global markets brace for further volatility.