The US President has announced on Wednesday 9th April 10 2025 to raise “the Tariff charged to China by the United States of America to 125%, effective immediately”, citing “the lack of respect that China has shown to the World’s Markets”. Conversely, he authorized a 90 day pause during which its reciprocal tariffs staying at 10% for around 75 countries which were willing to negotiate with his government representatives. Just one hour after Jump’s announcement the Dow Jones responded by shooting upwards over 2.283 points (6.6%).
Apr 9, 2025
Apr 2, 2025
Donald Trump announces worldwide reciprocal tariffs effective from 2nd April, but at discounted
In an event, described by the USA President as a Liberation Day, at the Rose Garden, Trump showed to the audience a sheet of discounted reciprocal tariffs applied to the USA’s key trading partners in the world. For countries charging 10% on American goods, the reciprocal rate of 10% is applied; for the ones charging more than 10%, the reciprocal rates are discounted by a half.
Mar 8, 2025
Missouri General Attorney to secure ~$25 billion judgement against China in relation to Covid-19 epidemic
The State’s Attorney General Andrew Bailey announced on Friday 7th March 2025 that he is taking actions to secure the $24 billion judgment against China for unleashing the COVID-19 pandemic.
Mar 5, 2025
The USA President intends to apply reciprocal tariffs this 2nd April
In his joint address to American Congress early March 2025, Donald Trump revealed the plan to enforce reciprocal tariffs on April 2nd (he originally wanted it on April 1st but superstitiously tried to avoid the April Fool’ day). “The European Union, China, Brazil, India, Mexico and Canada and countless other nations charge us tremendously higher tariffs than we charge them. It's very unfair”. After reciprocal tariffs kick in, “whatever they tax us, we will tax them”, he stated.
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Port of Los Angeles - the largest seaport in the USA, handling nearly 10 million TEUs each year. |
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VAT
Sep 24, 2024
Donald J Trump Focuses His Efforts in Battleground State Pennsylvania as the Race Tightened
With 21 electoral votes, Pennsylvania (PA) has been eyed by both Trump and Harris as a battle ground State of which the winner would largely secure his/her path to the White House. After a massive rally in Indiana PA on 24th Sept, Trump is going to make his second stop on 5th Oct at Butler PA – the same place where he survived the first assassination attempt.
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Trump discusses with Pennsylvania farmers in a roundtable "Protect Our Food from China" |
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