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RE: LeoThread 2025-05-02 07:04

in LeoFinance5 months ago

Part 2/11:

April 2 started as a typical day, but by evening, it became known as "Liberation Day." President Trump, in a televised address, unveiled an aggressive economic offensive against China — a sweeping blanket tariff of 10% on all imports, and an eye-watering 34% specifically targeting Chinese goods. The response from markets was immediate: panic rippled through the global economy as investors grappled with the ramifications of such bold measures, which included potential tariff rates soaring as high as 145%.