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US Stock Market Shows Signs of Recovery Amid Ongoing Trump Tariff Uncertainty

US Stock Market Shows Signs of Recovery Amid Ongoing Trump Tariff Uncertainty

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US President Donald Trump has maintained a hardline stance on trade tariffs despite the economic turmoil caused by his policies.

Donald Trump
Republican Party
1. It There can be permanent tariffs, and there can also be negotiations because there are things that we need beyond tariffs.
2. We have many, many countries that are coming to negotiate deals with us, and they're going to be fair deals, and in certain cases, they're going to be paying substantial tariffs.
3. They don't take our cars, but we take MILLIONS of theirs. Likewise Agriculture, and many other 'things.'
4. We are going to have one shot at this ... I'll tell you what, it is an honour to do it.
5. If China does not withdraw its 34% increase [announced by Beijing on Friday as a retaliatory measure] above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th.
6. They need to buy and commit to purchasing an amount equivalent (to this trade deficit) in energy.
7. Additionally, all talks with China concerning their requested meetings with us will be terminated!
European Union
1. The EU is committed to phasing out energy imports from Russia and diversifying our sources of supply.
Xinhua News Agency
1. This is not diplomacy. It is blunt coercion dressed up as policy.
2. Utterly absurd is the underlying logic of the United States: 'I can hit you at my will, and you must not respond. Instead, you must surrender unconditionally'.
People's Daily China
1. The U.S. is wielding its tariff cudgel again.
Lawrence Wong
1. These are not actions one does to a friend.
Laurent Saint-Martin
1. We must not exclude any option on goods, on services.
Benjamin Netanyahu
Israeli Government
1. We think it's the right thing to do, and we're going to also eliminate trade barriers.
Jamieson Greer
US Trade Representative
1. Nearly 50 countries have approached me personally to discuss the president's new policy and explore how to achieve reciprocity.
2. They elected to announce retaliation, other countries did not. Other countries have signaled that they'd like to find a path toward reciprocity. China has not said that and we will see where that goes.