[SUMMARY OF MACROECONOMIC NEWS AND RISKS] – TRUMP LAUNCHES "GLOBAL TRADE WAR"

⛔ On April 2, 2025, President Donald Trump announced a series of unprecedented heavy tariffs, officially firing the "Liberation Day" – a new economic declaration of independence for the United States.

📌 Details of the new tariffs:

✅ 10% tariff applied to all imported goods into the US (except Canada and Mexico)

🇨🇳 CHINA: +34% → Total 54%

🇻🇳 VN: +46%

🇪🇺 EU: +20%

🇰🇭 Cambodia: +49%

🇯🇵 Japan: also targeted

🚗 25% tariff on global imported cars

🌎 Global reactions:

CHINA, EU, JAPAN, Australia strongly condemn and threaten retaliation.

EU President: "This is a major setback for international free trade."