The White House on Monday canceled Donald Trump and Israeli Prime Minister Benjamin Netanyahu’s prescribed press conference, as there was a big backlash on the tariff as Trump’s liberation day was bleeding for the third day in response to a mutual tariff.
There was no explanation to cancel the surprising, the report states that a small oval office pool spray with leaders is still going to happen.
This is Trump’s second visit to Netanyahu since January and before the announcement of the tariff. Netanyahu became the first foreign leader to reach Trump in the person to interact on Tariff, while Israel canceled all tariffs on pre-free American products, but was not spared from Trump’s tariff list.
Not giving any relief in the markets, Trump said that he is ready to slap the new 50% tariff on China after the retaliation of Beijing announced last week, and pursue the global trade war that intensifies markets.
He said that additional tariffs will affect midweek if China does not remove its 34% repayment tariff until Tuesday.
He also said that the meetings requested by China would be canceled, although he said that other countries would immediately start talks on trade.
“Yesterday, China issued 34%retaliation tariffs, already record setting tariffs, non-monetary tariffs, illegal subsidies of companies, and large-scale long-term currency and on top of long-term long-term currency manipulation, despite my warning that any country that is releasing additional tariffs, will be more and more in the beginning, which will be more and more, which can be more than that of our country, which is already more than our country, which is already in our country, which is already in our country. The current tariff will get, “social on truth.
“Therefore, if China does not withdraw 34% growth above its already long -term trading misconduents by 8 April, 2025, the United States will impose additional tariffs on China of 50%, effective from April 9,” he said.
“Additionally, all conversations with China will end with us about their requested meetings! Negotiations with other countries, who have also requested to hold meetings, will start immediately. Thank you for paying attention to the matter!”
American market today
The stocks have become unstable as the markets have turned into green on rumors that Trump will consider a 90 -day stop in tariffs. But the White House rejected it as ‘fake news’, the wall street bloodbeath resumed. US stocks tumbled for the third straight day on Monday, and S&P 500 entered the bear market area. Markets in Asia and Europe also drowned.
