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#TrumpTariffs

In a sudden statement, US President Donald Trump announced that the new tariffs on China will rise to 104% starting from April 9th. Trump explained that the United States will cease all negotiations with the Chinese side following their request for new meetings, noting that any country that responds with counter-tariffs will face harsher American measures.

In the same context, Trump urged the US Federal Reserve to take urgent action to lower interest rates, supporting the national economy amidst these rapid developments. He pointed out the necessity for the central bank to act quickly to mitigate the impact of escalating trade tensions.

Concurrently, the Federal Reserve is holding an extraordinary meeting to discuss the possibility of taking emergency economic measures, with increasing expectations for an early decision on interest rate cuts, in an attempt to shield the American economy from the repercussions of the trade dispute with China.