TheTrueStory
Telegram
AppAbout@ The True Story 2025

Trump threatens further tariffs as EU, Canada retaliate for those already in place

Quotes

    • 88:88
      Will there be some pain?”
      The Korea Times
      he asked in February
    • 88:88
      It is not clear where the Trump administration's current path of 'shock and awe' is supposed to lead,
      Reuters
      the former International Monetary Fund chief economist wrote in Project Syndicate this week
    • 88:88
      Markets are unnerved by the punishment that the administration, convinced that the U.S. is a victim, is willing to inflict on close allies,
      Reuters
      he concluded
    • 88:88
      The risk that stuff starts to come under pressure and becomes a structural issue in the markets is not something I would, by any means, underplay."
      Reuters
      Referring to exorbitant privilege, Kasman added
    • 88:88
      The claim that the dollar's attractiveness is an exorbitant burden rather than an exorbitant privilege is unpersuasive, especially when those making such arguments are so reluctant to give up the burden,
      Reuters
      he said, referring to the administration's regular support for the dollar's global status while promoting policies that undermine it
    • 88:88
      Human behavior is very difficult to model and predict. Trade economists had it pretty easy for 30 years. But we don’t have models for this new world,
      CNN
      said McDaniel
    • 88:88
      They understand tariffs are bad for their economies. That could be a natural break in this tit-for-tat,
      CNN
      said Lovely
    • 88:88
      Is this going to spiral out of control?”
      CNN
      Kent Smetters, faculty director of the nonpartisan Penn Wharton Model, told CNN in an interview
    • 88:88
      The broad-sweeping assault on allies instead of adversarial and rival nations has CEOs dismayed and embarrassed,
      CNN
      Sonnenfeld said in an email
    • 88:88
      This is Donald Trump’s Windex. He sprays it on everything,
      CNN
      Lovely said, likening the president’s love of tariffs to the dad in “My Big Fat Greek Wedding” who thinks Windex can solve any problem
    • 88:88
      The president is in a tight spot, and every tariff (or threatened tariff) makes his position more difficult,
      CNN
      Simon Johnson, head of MIT’s Global Economics and Management group, told CNN in an email
    • 88:88
      This game has exploded into other areas,
      CNN
      said Mary Lovely, senior fellow at the Peterson Institute for International Economics
    • 88:88
      Of course I will respond.”
      CNN
      Asked about the retaliatory EU tariffs, Trump said
    • 88:88
      The last few weeks have reminded us that trade is emotional. Countries can take things personally. And there are big personalities involved these days,
      CNN
      said Christine McDaniel, senior research fellow at George Mason University’s Mercatus Center and a former trade official under President George W. Bush
    • 88:88
      Buy Bundy rather than some of the American products … You can make a difference,
      Reuters
      Albanese said in a radio interview on Thursday, referring to the renowned domestic rum
    • 88:88
      Keir Starmer
      Like everybody else, I'm disappointed to see global tariffs in relation to steel and aluminum but we will take a pragmatic approach,
      Saudi Gazette
      said UK Prime Minister Sir Keir Starmer
    • 88:88
      We're going to win that financial battle."
      Saudi Gazette
      Repeating his threat to hit European cars with tariffs, he added later
    • 88:88
      Tariffs are taxes. They are bad for business and worse for consumers,
      Saudi Gazette
      she said, warning the economic disruption put jobs at stake and would send prices higher
    • 88:88
      They're doing what they should be doing perhaps for the European Union but it does create ill will,
      Saudi Gazette
      he said
    • 88:88
      Sara Eisen
      Tariffs are going to cause fighting between countries … I'm not necessarily talking about military. But think about U.S., Canada, Mexico, China ... There will be fighting, and that will have consequences,
      CNBC
      he said, speaking to CNBC's Sara Eisen on Wednesday