#TrumpTariffs U.S. President Donald Trump announces in an urgent statement: The additional tariffs that the United States will impose on China will rise to 104% starting from April 9th.
⚡ Trump confirmed that all discussions with the Chinese side regarding their request to hold meetings with Washington will be terminated, indicating that any country that imposes retaliatory tariffs against the United States will immediately face a U.S. response with higher and more stringent tariffs.
⚡ In this context, President Trump urged the U.S. Federal Reserve to expedite interest rate cuts as soon as possible to support the U.S. economy amid these rapid developments.
⚡ Meanwhile, the U.S. Federal Reserve is holding an urgent and extraordinary meeting to discuss the possibility of taking emergency economic measures, with strong expectations of an interest rate cut before the scheduled time, in order to protect the U.S. economy from any potential repercussions of the ongoing trade tensions.