Trump Seeks 20% Tariffs As EU Promises Trade War Retaliation

April 1, 2025, 8:21 am

Reports indicate President Trump is pushing for steep 20% tariffs on most imports, sparking market jitters and causing stock futures to drop. In reaction, EU leaders have signaled readiness to impose countermeasures that could escalate into wider trade tensions, deepening global economic uncertainty.

cnet.com / Tariffs Explained: Impacts for You as Major New Trump Tariffs Arrive Today

President Donald Trump has dubbed April 2, the day many of his major tariffs will take effect, "Liberation Day." Still, the reality of the situation will be a lot less grandiose for everyday people.

techinasia.com / EU considers retaliation against US Big Tech over tariffs

European Commission President Ursula von der Leyen emphasized that "Europe holds a lot of cards," for retaliation.

zerohedge.com / Repeating 2022?

The post warns of a potential market correction after failing the 200-DMA test. Although early data suggested a bottom with rising momentum and bullish signals, tariff news reversed gains. Earnings remain robust, but careful portfolio rebalancing and risk management are advised.

zerohedge.com / Futures Slide After WaPo Report Trump Seeks 20% Tariffs On Most Imports

US equity futures dropped sharply after reports of potential 20% tariffs on most imports. Gold hit record highs as markets brace for Trump’s tariff announcement, amid rising uncertainty over trade policies and global economic risks.

permalink / 4 stories from 3 sources in 28 days ago #crypto #semiconductors #mag7 #china #deepseek #fintech #analytics #techpolicy

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Trump Seeks 20% Tariffs As EU Promises Trade War Retaliation

More Top Stories...

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Apple AirPlay vulnerabilities enable zero‐click exploits across devices

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