Global News Podcast World reacts to Trump's sweeping tariffs
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Apr 3, 2025 Global leaders are gearing up to retaliate against U.S. trade tariffs, calling them unilateral bullying that disrupts global trade. As markets tremble, Trump maintains confidence in America's strength. Meanwhile, a remarkable study links shingles vaccination to a reduced risk of dementia. The discussion also touches on serious humanitarian challenges following a devastating earthquake in Myanmar, and Hungary's controversial exit from the International Criminal Court highlights ethical debates surrounding assisted dying.
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Global Tariff Impact
- President Trump imposed sweeping tariffs, impacting US allies and rivals.
- China faces a 34% tariff on top of a previous 20%, which Trump attributes to unfair practices.
China's Response
- China opposes the tariffs and promises retaliation, calling them "unilateral bullying."
- There's potential for trade pattern shifts as China explores alternatives.
Impact on Asia
- Poorer Asian countries like Myanmar and Laos face steep tariffs, impacting their economies.
- Even US allies like Japan and South Korea are targeted, potentially straining political relations.