“Only Tariffs Can Fix...” Trump Claims World “Dying” For US Deals, China Slams “Bullying” | CLRCUT

4 months ago
1

Global financial markets plunged into turmoil on April 7 as US President Donald Trump's aggressive tariff push triggered a rout across Asia, with Japan’s Nikkei suffering its steepest fall in over a year and India witnessing a staggering $242 billion investor wipeout. Despite Trump downplaying the chaos as "necessary medicine" to correct trade imbalances, fears of a prolonged US-China economic standoff intensified, fuelled by tit-for-tat tariff hikes. China hit back, condemning Washington's moves as “economic bullying”, while Japan vowed to press for tariff relief, though admitted progress would be slow. Trump, meanwhile, insisted global leaders were “dying” to make deals, standing firm on his vow to eliminate trade deficits.
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