8Apr
Trump's Tariffs: A Looming Economic Shock for the UK Amid Limited Escape Routes
Posted by Cassius Montgomery in Economy
Trump's sweeping tariffs trigger a global economic shockwave, hitting the UK hard due to its limited fiscal tools amidst high borrowing and taxes. The government's pivot towards deregulation, including delaying green targets, aims to mitigate impacts but risks undermining environmental goals.
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European Markets Plummet Amid Trump's Bold Tariff Imposition
Posted by Cassius Montgomery in Economy
Markets across Europe and Asia are reeling from President Trump's hefty tariffs, which he insists are vital for the U.S. economy, despite investor unrest. The financial shockwaves are causing widespread unpredictability, with notable figures like Israeli Prime Minister Netanyahu working to secure tariff exemptions. Meanwhile, China has promised vehement resistance, adding fuel to the escalating trade conflict.
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