Newscast Trump’s Tariffs: Has He Backed Down?
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Apr 9, 2025 
Dharshini David, the Deputy Economics Editor, and Erin Delmore, North America Business Correspondent, dive into the turbulence caused by Trump's latest tariff announcements. They discuss the dramatic impacts on global markets and the challenges faced by American farmers and businesses like Nike and Apple. The duo also explores the bond market's shifts, the pressure on the U.S. Central Bank, and the intricate dance of U.S.-China trade relations. Plus, they reveal how these tariffs are shaping voter sentiment and broader economic dynamics.
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Trade War Impact
- Donald Trump's escalated tariffs create a "trade wall," impacting global markets.
- China retaliates, causing widespread economic uncertainty and market volatility.
Bond Market Concerns
- Bond markets are usually safe investments, especially during times of uncertainty.
- China's potential withdrawal from US bond markets raises concerns about destabilization.
Trump-Truss Comparison
- The New York Times draws parallels between President Trump's trade actions and Liz Truss's economic policies.
- Both situations highlight the potential for market instability due to policy decisions.