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Home World Asia Pacific

Here’s one key thing you should know about Trump’s shock to the world economy: it could work | James Meadway

7 April 2025
in Asia Pacific
Here’s one key thing you should know about Trump’s shock to the world economy: it could work | James Meadway
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In a shocking move, President Trump has imposed high tariffs on countries trading with the US, causing chaos in global markets and sparking fears of a trade war. Long-term allies like Japan and South Korea face tariffs of 25%, while poorer countries like Vietnam are hit with tariffs exceeding 45%. The president’s actions have led to stock market declines, political backlash, and the threat of further economic crises, raising concerns about the administration’s understanding of the modern economy.

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Tags: EconomyHeresJameskeyMeadwayshockTrumpsworkworld
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