Quotes
Trump has made it clear that this is the end of the established economic order, and he wants America calling the shots. These tariffs are stark and perhaps more aggressive than many in the market had been expecting. Indeed, Trump scheduled this press conference for after the stock market closes for good reason, with the US futures market falling sharply as a result of this speech,
Ms Quilter said
Markets will be wanting more detail on both this and further deregulation, and given the scale of these tariffs that may need to come sooner rather than later for US equities. For businesses it remains a very volatile and uncertain economic period, and this will be reflected by markets for the time being. Investors will need be patient and calm, staying invested for the long-term,
she saidTaxpayers have been ripped off for more than 50 years,
he said
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The company said there are multiple factors at play, with the primary driver behind the final decision being this afternoon’s announcement from U.S. President Donald Trump of the U.S. tariffs,
Stewart saidThe consequences will be dire for millions of people around the globe,
von der Leyen said.jpg)
How about we give this guy some grace while he tried to actually do what he’s been campaigning on for years and his mission to protect American companies and workers?”
Emmer saidThese tariffs do present challenges, but India’s position remains comparatively favorable,
said S.C Ralhan, president of the Federation of Indian Exports OrganisationsAnd this is hurting, in particular, the most vulnerable citizens.”
she saidThe United States charges other countries only a 2.4 per cent tariff on motorcycles. Meanwhile, Thailand and others are charging much higher rates, like 60 per cent. India charges 70 per cent, Vietnam charges 75 per cent, and others charge even higher rates,
he said yesterdayThey charge us 52 per cent. You have to understand, we charge them almost nothing for years and years and decades, and it was only seven years ago, when I came in, that we started with China',
he addedMany trading partners have expressed strong dissatisfaction and clear opposition,
the ministry said in a statement this morningThe tariffs are so comprehensive and so much larger than we expected,
said Jeanette Gerratty, chief economist at wealth advisory Robertson Stephens in the US tech heartland of Menlo Park, California
The tariff rates unveiled this morning far exceed baseline expectations, and if they aren’t negotiated down promptly, expectations for a recession in the U.S. will rise dramatically,
IG market analyst Tony Sycamore saidThe tariffs announced today lead to significant risk to global trade,
said Zhiwei Zhang, chief economist at Pinpoint Asset Management in Hong KongThis was the worst-case scenario that the market was expecting,
Jay Hatfield, CEO of Infrastructure Capital Advisors, told ReutersThis may create enough of a selloff over the next day or so that it creates a buying opportunity,
Chiavarone said
The unexpectedly high tariffs are set to weigh on sentiment across Asia, where export-driven economies now face a tough trade-off for growth with the heightened trade restrictions,
said Jun Rong Yeap, a market strategist at IG Asia PteThe increased tariffs have been a negative factor for the U.S. dollar,
Forex.com's Matthew Weller told AFP
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The administration’s tariffs have no basis in logic and they go against the basis of our two nations’ partnership. This is not the act of a friend,
Australian Prime Minister Anthony Albanese said after his country received a 10 percent blanket duty
Today’s decision will add to uncertainty in the global economy and it will push up costs for American households,
Albanese said