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Donald Trump On Tariff: After Trump’s tariff policy, there has been an outcry in the global market in the last few days. The stock markets of Asia and Europe have declined drastically. On this too, US President Donald Trump’s response has come to light. He said that oil prices have come down, there is no inflation. His statement has come at a time when many experts have warned of recession.
Posting social media platform Truth, Trump said, oil prices have come down, interest rates have come down. Food prices have come down, there is no inflation of any kind. “Trump claimed that the US is earning billions of dollars per week from countries that already misused the applicable tariffs.
The US President said, “China did the most wrong with the US. China markets are falling.” China said that from April 10, it would impose 34 per cent tariffs on all the goods imported from the US, which Trump has declared ridiculous. China has also decided to ban the export of double -use items to 16 American companies. On this, Trump said that China did wrong, they are nervous.
Meanwhile, the US Federal Reserve president Jerome Powell warned that the US tariff is likely to increase inflation and slow growth, which may lead to unemployment. On Monday (7 April 2025), the markets around the world, including India, declined a major decline. The local stock market BSE Sensex 2,226.79 points, while the National Stock Exchange (NSE) Nifty fell 743 points.
(This story has been broken, it is being updated continuously …)
