When President Donald Trump slapped a new tariff for imports from some of the poorest countries in the world, it re -set it into a global fire storm. Framing as a step to protect American industries and overwhelming duties – up to 49 % – for countries such as Cambodia, Madagascar and Myanmar, where millions are already wrestling with poverty and disasters. But when the markets trembled and criticized, the questions were installed: Is this economic strategy – or something more charming?
Gurmeet Chadha, Administrative partner and CIO in Compcircle have not retreated. In a massive publication on X (previously on Twitter), he criticized the US step: “Forgetting bond returns, deficit, etc., which slapped the superpower on the definitions of poor countries.
It ended with a blatant warning: “There is something called vine.”
Chad’s comments struck a nerve online, which prompted a wave of angry reactions.
“Yes … if this is true that imposing a huge tariff on countries that are already struggling with poverty and natural disasters. Even barely two dollars a day, how will people get in Madagascar or Cambodia even on the survival of this introductory shock?
Another books, “When the wealthiest country in the world is punished for trying to survive, it is not a policy – it is cruel wearing a strategy. It does not need the degree of economics to know that this is morally bankrupt. She remembers the vine.”
A third added, “The customs tariff for countries such as Cambodia, Madagascar and Myanmar – where people earn $ 2/day or face disasters such as the Myanmar earthquake – highlighting a deeper issue: World Trade must often lead to profit for” running “.
Meanwhile, President Trump posted a video link on the social truth, and he was originally shared by a user named AmericaApabear, and claimed that he was “intentionally disrupted”. The hidden video that was partially created from artificial intelligence was not with an interpretation, but it was a viral gold. The theory was released in the video? Trump deliberately feeds chaos in the market to redirect capital to US Treasury bonds. This would pressure the federal reserve to reduce interest rates in May – a step that can help the government to re -financing its enlarged debt, weaken the dollar, and make us become more competitive.
Hours ago, more than 2000 points decreased while the S&P 500 decreased by 5.7 % on April 5, in response to the Trump’s aggressive tariff.
But the head of the Federal Reserve, Jerome Powell, made a more measurely observation. “We face a very unconfirmed look,” he said on April 5. Powell said the definitions are “expected” and warned of its ability to increase inflation while slowing down.
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