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America One News
7 Apr 2025
#economy
GB News: WATCH: Kemi Badenoch says UK is 'feeling brunt' of Trump's tariffs
Kemi Badenoch stated that the UK is experiencing significant impacts from Donald Trump's new tariffs, emphasizing that the trade conflict primarily targets China, with other countries affected as collateral damage. British manufacturers are facing challenges due to these protectionist measures.
Trump's recent implementation of a 25% tariff on all foreign cars entering the US has intensified these trade tensions.
Times Of Israel: Trump touts tariffs as ‘medicine’ needed to fix trade, as global markets stagger
President Trump reaffirmed his commitment to imposing tariffs on imports, stating he will not back down until trade balances with other countries are achieved. His stance has caused financial market turmoil, raising recession fears, but he insists that enduring short-term pain is necessary for long-term economic health.
As global markets react negatively, Trump’s administration is facing pushback from both allies and Congress regarding the tariffs. While some nations express willingness to negotiate, there are concerns about the potential economic fallout, prompting bipartisan discussions on limiting presidential tariff powers.