#TrumpTariffs

In a urgent statement, President Donald Trump announced that new tariffs on China will rise to 104% starting April 9. Trump clarified that the United States will cease any negotiations with the Chinese side after their request for new meetings, pointing out that any country responding with retaliatory tariffs will face harsher American measures.

In this context, Trump urged the U.S. Federal Reserve to take immediate action to lower interest rates, in support of the national economy amid these accelerating developments. He highlighted the necessity for the central bank to act quickly to mitigate the impact of escalating trade tensions.

At the same time, the Federal Reserve is holding an extraordinary meeting to discuss the possibility of taking emergency economic measures, with increasing expectations of an early decision on interest rate cuts, in an attempt to protect the U.S. economy from the repercussions of the trade dispute with China.