Rozanne
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#TRUMP
NATIONWIDE Protests Rock U.S. as Markets Reel from Trump Policies
April 6, 2025 – Washington, D.C.
More than 600,000 people flooded the streets of major U.S. cities on Saturday in a sweeping wave of protests against President Donald Trump’s latest policy moves, including sweeping tariff hikes and deep federal budget cuts. Branded the “Hands Off” protests, the demonstrations also drew support in cities around the globe, from London to Berlin.
The unrest was sparked by the administration’s aggressive economic measures, including a 10% tariff on key imports such as Australian beef and widespread cuts to federal programs like Social Security, Medicare, and Medicaid. The Internal Revenue Service also announced the layoff of 25% of its workforce under the direction of Elon Musk’s controversial Department of Government Efficiency (DOGE).
The market response was immediate and severe. Global equity markets shed nearly $8 trillion in value over the past week, and JPMorganChase now estimates a 60% probability of a global recession. Analysts warn that continued uncertainty could further destabilize investor confidence.
While the International Monetary Fund notes that democracies typically weather social unrest better, the current combination of policy upheaval and public dissent is pushing both political and economic systems to a breaking point.
The Trump administration has yet to comment formally on the protests.
#Binance #BTC #xrp #BinanceSquareFamily
NATIONWIDE Protests Rock U.S. as Markets Reel from Trump Policies
April 6, 2025 – Washington, D.C.
More than 600,000 people flooded the streets of major U.S. cities on Saturday in a sweeping wave of protests against President Donald Trump’s latest policy moves, including sweeping tariff hikes and deep federal budget cuts. Branded the “Hands Off” protests, the demonstrations also drew support in cities around the globe, from London to Berlin.
The unrest was sparked by the administration’s aggressive economic measures, including a 10% tariff on key imports such as Australian beef and widespread cuts to federal programs like Social Security, Medicare, and Medicaid. The Internal Revenue Service also announced the layoff of 25% of its workforce under the direction of Elon Musk’s controversial Department of Government Efficiency (DOGE).
The market response was immediate and severe. Global equity markets shed nearly $8 trillion in value over the past week, and JPMorganChase now estimates a 60% probability of a global recession. Analysts warn that continued uncertainty could further destabilize investor confidence.
While the International Monetary Fund notes that democracies typically weather social unrest better, the current combination of policy upheaval and public dissent is pushing both political and economic systems to a breaking point.
The Trump administration has yet to comment formally on the protests.
#Binance #BTC #xrp #BinanceSquareFamily
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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