President Trump's Tarrifs Affect on Markets
The latest set of U.S. tariffs, including a massive 104% levy on Chinese imports, take effect on Wednesday (April 9, 2025), leaving markets around the world worried about whether the tariffs would be permanent or U.S. President Donald Trump would bring them down with negotiations.
Analysts have warned that financial markets will experience more swings up and down, given the uncertainty over how long Mr. Trump will keep the stiff tariffs on imports. It is expected to cause a recession if they last a long time.
Trump’s reciprocal tariff: Here’s the full list of targeted countries
China said it will “fight to the end” and warned of countermeasures after Mr. Trump threatened on Monday to raise his tariffs even further on the world’s second-largest economy.
