U.S. Tariff Surge Sparks Market Turmoil and Global Concerns

The Trump administration's new tariff hikes on imports from the EU, Japan, and China have sent shockwaves through financial markets, with the S&P 500 plummeting by 10.5%. This episode explores the rationale behind these tariffs, their potential impact on the U.S. economy, and the broader global repercussions. Join us as we delve into the economic forecasts and the heated debate surrounding these significant policy changes.

Sources:
https://www.hklaw.com/en/insights/publications/2025/04/president-trump-announces-10-percent-global-tariff-11-percent
https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/
https://www.cbsnews.com/news/which-products-most-affected-tariffs/
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https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/
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https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/
https://www.tradecomplianceresourcehub.com/2025/04/07/trump-2-0-tariff-tracker/