#TrumpTariffs #TrumpTariffs
In an 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, indicating that any country responding with counter-tariffs will face harsher American actions.
In this context, Trump urged the U.S. Federal Reserve to take immediate action to lower interest rates, supporting the national economy amid these rapid developments. He pointed to the necessity for the central bank to act swiftly to mitigate the impact of rising trade tensions.
Concurrently, the Federal Reserve is holding an extraordinary meeting to discuss the possibility of implementing 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.
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Agustin Chavies Bdjd
