#TradeWar

The Art of the Trade War

#TradeWar

The Art of the Trade War

Trade wars are like awkward family feuds, but instead of yelling at Thanksgiving dinner, politicians slap each other with tariffs like they're in a passive-aggressive game of economic dodgeball. One country raises steel tariffs, another retaliates with a cheese embargo, and suddenly world leaders are arguing over dairy like it's a geopolitical episode of MasterChef. Meanwhile, politicians give dramatic speeches about "protecting national interests," which loosely translates to, "We have no idea what we’re doing, but it sounds patriotic." In the end, nobody wins—except maybe smugglers and black market avocado dealers.

Waterstones Pauses US Book Shipments Amid Trump Tariffs

Waterstones, a UK book retailer, temporarily paused international orders to the US after President Trump's announcement of a 10% tariff on imported products from Britain. The company added a note to its website stating that it couldn't accept or ship orders to the US while it assesses options to comply with the new tariffs. However, the pause appears to have ended and customers can now order books online for shipping to the US with an additional £13 delivery charge plus £1.50 per book.

Trump Threatens China with New 50% Tariff in Escalating Trade War

President Donald Trump threatened to impose an additional 50% tariff on China if they do not remove their retaliatory import levy of 34% by Tuesday. This escalation comes after Beijing announced it would impose reciprocal 34% tariffs on all US imports. Trump warned that negotiations and trade talks with China would be canceled if they refused to back down, stating that he would "impose ADDITIONAL Tariffs on China of 50 percent effective April 9th" unless the Chinese removed their tariff by April 8th, 2025.

Canada Cancels California: Boycott Hits Golden State as Trump's Annexation Threats Spark Travel Backlash

Furious Canadians are boycotting California, potentially costing the state billions in lost tourism revenue, following Trump's threats to annex their nation. The tourism nonprofit 'Visit California' has slashed its spending forecast by $6 billion as international travelers increasingly avoid the US amid growing tensions with Canada. Canadian tourists, who spent $3.7 billion in California last year, are canceling trips and vowing never to visit until Trump is out of office, citing his repeated suggestions that Canada should become the 51st US state.

Global Markets Plummet as Trump's Tariffs Spark Fears of Worldwide Recession

Global financial markets plunged on Monday following US President Donald Trump’s tariffs on imports, sparking fears of a worldwide recession. The Nikkei 225 index in Japan fell 7.8%, while Hong Kong shares plummeted more than 13% in their worst day since the 1997 Asian financial crisis. Other major indexes also suffered significant losses, including Singapore's benchmark index, which dropped 6.8%, South Korea's Kospi, which lost 4.4%, and Australia's S&P/ASX 200, which fell more than six%. European stock futures also pointed to further losses, with Trump refusing to lift the tariffs unless foreign governments pay "a lot of money".

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