As tariffs roil the markets, here's why some sectors are faring worse than others
Tuesday, 8 April 2025 () As stock markets sank for the third day Monday after U.S. President Donald Trump announced sweeping global tariffs last week, no one is coming out unscathed — but some sectors are seeing more volatility than others.
Biden accuses Trump of causing 'so much damage' in first speech since leaving office
The former US president criticised his successor over his cuts to the Social Security administration, which provides benefits to millions of Americans.
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Trump's tariffs threaten to be a tough nut to crack in rural Germany workshop
Alongside classic fare such as a variety of Santas, Scrooge and the Mad Hatter, specifically American-themed collectibles are a staple at Steinbach Volkskunst.
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The White House has issued a clarification on the explosive 245% tariff targeting Chinese imports. The new addendum reveals a two-tier structure—some goods will face the full 245%, while others remain at 145% for now. Trump’s administration has unleashed a historic wave of tariffs, including legacy measures from his first term, Biden-era expansions, and new 2025 hikes. China’s Foreign Ministry spokesman Lin Jian condemned U.S. pressure, warning of firm retaliation. From lithium batteries to squid and syringes, the fallout is just beginning. China says it’s open to talks—but not to blackmail.
#Trump #TariffWar #USChina #245PercentTariff #TradeCrisis #ChinaResponse #WhiteHouse #LinJian #EconomicWar #ImportTax #GlobalTrade #USPolitics #BreakingNews #Trump2025 #TariffUpdate #BidenEraTariffs #LithiumBattery #ChinaExports #SyringeTax #PharmaTariffs #TradePressure #ChinaRetaliation #SquidTariff #SweaterTax #TariffShock #ForeignPolicy #TariffClarification #TradeBattle #USTR #TrumpVsChina #GlobalMarkets
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