Trump Blinks on Tariffs and Markets Skyrocket
Donald Trump
U.S. President Donald Trump walks towards Marine One on the South Lawn of the White House on March 28, 2025 in Washington, DC. Trump is headed to Mar-a-lago in Palm Beach, Florida for the weekend. Photo: Andrew Harnik/Getty Images On Wednesday, President Donald Trump officially unleashed his latest volley of tariffs, levying extensive “reciprocal” taxes on the United States’s most prominent trade partners. As stock markets wavered as China and the European Union vowed to inflict their own
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