HOME > NATION > Article

Text Size

small

medium

large


Global markets reel as Trump sparks trade war with tariffs.

Global markets reel as Trump sparks trade war with tariffs.

Provided by Nation.

The hike in tariffs on all imports, announced by US President Donald Trump on April 2, has thrown the global economy into turmoil.

The return to aggressive trade policies under the influence of the "Trump tariffs" is destabilising the global economic framework that has been built over decades.

The reemergence of the "America First" approach, coupled with the announcement of steep import taxes on goods from various countries, is not merely a trade strategy but a catalyst for a major trade conflict.

This conflict could provoke widespread retaliation, threatening the free trade system that has long been the foundation of shared global economic growth.

NATION

HEADLINES

POLITICS
Trump, in Address in Michigan, Asks Japanese Automakers for Production in US
ECONOMY
No. 3 Reactor at Tomari Nuclear Plant Confirmed to Meet New Safety Standards
SPORTS
Men's Soccer: PSG Edges Arsenal 1-0 in UEFA Champions League Semifinal 1st Leg
OTHER
FTC Investigating Pro Baseball Assn NPB for Alleged Antimonopoly Law Violation

AFP-JIJI PRESS NEWS JOURNAL


Photos