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Trump urges US to ‘hang tough’ as 10% tariffs come into effect

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President Donald Trump urged Americans to “hard” after the market turmoil, and the United States began to collect 10% of all income on Saturdays.

Britain and France are influenced by hundreds of countries and leaders said nothing was out of the table. China, which had the most difficulties of President Trump’s tariffs, announced a significant retaliation response.

The three major stock indexes in the United States plummeted more than 5% on Friday, and the S & P 500 has declined almost 6%, preventing the worst in the US stock market since 2020.

In Washington, DC, in New York and other cities, thousands of people gathered to protest various Trump policies, from the economy to government cuts.

Trump described market volatility as “economic revolution”, which the United States will “win.”

“It won’t be hard. It’s not easy, but the final result will be historical.”

His policy change sent a shock wave through the global supply chain.

In the UK, the FTSE 100 fell almost 5%, the most steepest, the Asian market in five years, and the German exchange was similar.

The billionaire Elon Musk, the responsibility of Trump’s close allies, Doge (Department of Government Efficiency), said the US and Europe could move to the “Zero Tarif situation” where the United States and Europe could create a “free trade zone between Europe and North America.”

His opinion, which he traveled to meet with the Italian government minister, was several days after the Trump administration introduced the tariffs on up to 50%of the product on April 9.

The EU will be hit by a 20% charge.

In his first term, Trump despised the proposed free trade transaction with the EU, a transverse and investment partnership, but after he threatened, the Bubble Ring Trade War ended. I impose tariffs on European cars 2018.

British Prime Minister Keir Starmer made a series of calls with world leaders following Trump’s tariffs on Wednesday.

Downing Street said in a reading after a conversation with French President Keir and President Emmanuel Macron, “Trade war agreed that no one should be profitable, but nothing should be out of the table.”

Keir and Macron also also said, “Especially in Southeast Asia, we shared concerns about global economic and security impacts.”

China, the second largest economy in the world, was hit hardly against the country, which Trump’s “mutual tariff” was empty to the interests of the United States.

On Friday, Beijing announced 34%of retaliation tariffs on US imports. Beijing also complained about the World Trade Organization for new tariffs.

A day later, in a statement, China’s Foreign Ministry urged Washington that he urged Washington to stop the use of tariffs as a weapon to suppress China’s economy and trade and undermine the right to develop Chinese.

About 1,200 protests are expected to hold protests on Saturdays and all over the United States, and have recorded the largest demonstration against President Trump and Musk after the White House announced its policy change on how the US government led.

The White House has not yet mentioned the protests, but Trump has opened an article about China by an AP photographer who has a problem with the New York Post.

Since the tariff began, the impact on trade was noticeable.

In England Jaguar Land Rover has announced that it will “suspend” all delivery to the United States. It works to solve new transaction conditions.

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2025-04-05 20:28:00

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