Quotes
The US should recognize that China's rise is not only good for China, but also good for the US and the world as a whole."
Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University, said
China's economy has maintained a steady growth trajectory over the past decades, with its massive economic scale serving as a powerful buffer against external pressures,
Chen saidTime and time again, we have seen that any efforts by Western nations to erect trade barriers, impose technological blockades, or employ other means of pressure against China have consistently failed to achieve their desired objectives,
Li saidWhile the Chinese economy faces challenges, the sky is not falling,
said Chen Wenling, former chief economist at the China Center for International Economic ExchangesThat rate was last seen around 1910,
Olu Sonola, Fitch's head of U.S. economic research, said in a statement after Trump's announcement for a global baseline import tax of 10%, but much higher rates for many trading partners
The fear of tariffs and the uncertainty about their magnitude and duration is causing the recession."
University of Chicago Economics Professor James Heckman told Newsweek on Tuesday
Obviously it's still unclear whether this is the policy that will be announced. But with that caveat: this idea would bring tariffs back to where they were in America in the early 1900s. It would raise about $3 trillion over a decade—enough to pay for about half of the tax cut extension—but it would also raise prices by the equivalent of more than a year's worth of normal inflation and cut U.S. economic growth in 2025 in half."
Ernie Tedeschi, director of economics at the Budget Lab at Yale, told NewsweekThis is equivalent to a loss of purchasing power of $3,400-4,200 per household on average in 2024 dollars,
the analysis said
They're reciprocal, so whatever they charge, we charge them. But we're being nicer than they were."
President Donald Trump told reporters on MondayThey matter because we have to demonstrate that we have a clear sense about how we manage the public finances,
she told Sky News
We know the difference that early years education makes to children’s life chances, and also your viewers will know how important it is that they can access childcare places,
she saidWe do recognise this is likely to be a very challenging period,
she told BBC BreakfastDonald Trump to announce new tariffs today on April 2. How India plans to counter U.S. duties? Will global trade tensions escalate? Which sectors will be affected (Auto, Auto components, Pharma, Metals, IT, Textile, Agriculture)?”
Another user speculated on how global trade might react
Every time Trump opens his mouth & talks about Tariffs, the Stock Market drops. This is a sick game Donald is having sick pleasure with.”
A social media user expressed frustration, saying.jpg)
We are going to be very deliberate in terms of the measures we take, to fight for Canada,
Canadian Prime Minister Mark Carney said on Tuesday
We are waiting for further information on President Trump's announcement of 25 per cent tariffs on all auto imports into the USA and we will make a further statement, as appropriate, in due course,
a JLR spokesperson told This is Money last week
If, as seems likely, additional tariffs are to apply to UK-made cars, it's a blow to a long-standing and productive relationship
SMMT's Mike Hawes said last weekI consider it a moment when we can decide together to take our destiny into our own hands, and I think it is a march to independence,
she saidHe is with his trade and tariff team right now, perfecting it to make sure this is a perfect deal for the American people and the
she said
I am afraid Rachel Reeves is going to have to come back next week for a new emergency Budget because the [statement] she laid out last week hasn't lasted a week
Shadow business secretary Andrew Griffith told Sky News