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  5. Trade Policy Reversal Sparks Volatility on Global Markets

Trade Policy Reversal Sparks Volatility on Global Markets

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US stocks experienced significant losses on Thursday, with the S&P 500 index down 3.5% and the Nasdaq dropping 4.3%. Trump's steep tariff hike on Chinese goods, increasing the rate to 145%, was seen as a major contributor to the market's decline.

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  1. Dow Jones
    1. I thought that people were jumping a little bit out of line. They were getting yippy, you know, they were getting a little bit yippy, a little bit afraid.
  2. AU
    Anthony Albanese
    Australian Government
    1. We speak for ourselves, and Australia's position is that free and fair trade is a good thing.
    2. We engage with all countries, but we stand up for Australia's national interest and we stand on our own two feet.
  3. AU
    Richard Marles
    Labour Party
    1. We're not about to make common cause with China.
  4. CN
    He Yongqian
    Chinese Commerce Ministry
    1. The door to dialogue is open, but it must be based on mutual respect and conducted in an equal manner.
  5. TW
    Lin Chia-Lung
    1. Now that there's an additional 90 days, we can engage in deeper discussions on Taiwan-U.S. economic and trade cooperation.
  6. TW
    William Lai Ching-Te
    Democratic Progressive Party
    1. For decades, our two economies have stood shoulder-to-shoulder in deterring communist expansionism.
  7. US
    Adam Schiff
    Democratic Party
    1. Who in the administration knew about Trump's latest tariff flip-flop ahead of time? Did anyone buy or sell stocks, and profit at the public's expense?
  8. US
    Alexandria Ocasio-Cortez
    Democratic Party
    1. Any member of Congress who purchased stocks in the last 48 hours should probably disclose that now.
    2. It's time to ban insider trading in Congress.

Trump's tariffs

  1. Donald Trump Announces 90-Day Tariff Reduction with China
  2. US and China Reach New Agreement on Tariffs After Ongoing Trade Negotiations in Geneva
  3. Donald Trump Proposes Significant Reduction in China Tariffs Amid Ongoing Trade Negotiations

sources

  1. 1.CNA News
  2. 2.Le Monde
  3. 3.El Paìs
  4. 4.ABC News (Australia)
  5. 5.The Guardian
  6. 6.The Times of India
  7. 7.France 24
  8. 8.The Washington Post
  9. 9.South China Morning Post
  10. 10.Al Jazeera
  11. 11.The Korea Herald
  12. 12.Agence France-Presse

perspectives

  1. 1.US under Donald Trump
  2. 2.Chinese Foreign Policy
  3. 3.US-China Relations
  4. 4.Immigration to the US
  5. 5.US Economy
  6. 6.Inflation
  7. 7.Trade Agreement
  8. 8.World Economy
  9. 9.US-India relations
  10. 10.Mexico under Claudia Sheinbaum
  11. 11.US-EU relations
  12. 12.United States–Mexico–Canada Agreement

countries

  1. 1.AustraliaAU
  2. 2.CanadaCA
  3. 3.ChinaCN
  4. 4.GermanyDE
  5. 5.SpainES
  6. 6.FranceFR
  7. 7.United KingdomGB
  8. 8.GreenlandGL
  9. 9.Hong KongHK
  10. 10.IsraelIL
  11. 11.IndiaIN
  12. 12.JapanJP

organizations

  1. 1.White HouseUS
  2. 2.European Union
  3. 3.Nasdaq
  4. 4.Truth Social
  5. 5.ASEAN
  6. 6.World Trade Organization
  7. 7.Republican Party
  8. 8.Democratic PartyUS
  9. 9.Dow Jones
  10. 10.Hang Seng
  11. 11.US Treasury DepartmentUS
  12. 12.ASX

persons

  1. 1.Donald TrumpUS
  2. 2.Scott BessentUS
  3. 3.Karoline LeavittUS
  4. 4.Peter NavarroUS
  5. 5.Xi JinpingCN
  6. 6.Xin SunCN
  7. 7.Elon MuskUS
  8. 8.He YongqianCN
  9. 9.Howard LutnickUS
  10. 10.Kevin HassettUS
  11. 11.Stephen InnesGB
  12. 12.Sun ChenghaoCN

technicals

  1. 1.Art of the Deal
  2. 2.Liberation Day
  3. 3.Oval Office
  4. 4.United States–Mexico–Canada Agreement
  5. 5.Covid-19 Pandemic
  6. 6.World War II
  7. 7.Antarctica
  8. 8.Eurozone
  9. 9.Falkland Islands
  10. 10.Mar-a-Lago Accord
  11. 11.Resolute Desk