Trump tariffs fallout—April 9, 2025, by GLHR Investing
Hey GLHR Investing fam! It’s Wednesday, April 9, 2025, and Trump’s tariffs—those big taxes on stuff we buy from other countries—kicked in a week ago on April 2nd. They’ve got everyone talking, from your neighbor to leaders across the globe! The stock market’s been a mess—S&P 500 dropped 4.85% last Friday (Reuters)—but let’s unpack how the world’s reacting and if this plan might actually work. Spoiler: there’s some hope ahead, so stick with me for the good news!
How’s the World Reacting to Trump’s Tariffs Since April 2nd?
- China’s Throwing Punches Back: China hit us with 34% tariffs on U.S. goods right after Trump’s 25% auto tariffs started (Reuters, April 4), then jacked it up to 84% yesterday (The Guardian, April 9). They’re mad, calling it “blackmail” (NYT, April 7), and vowing to “fight to the end” (BBC, April 7). It’s like a playground showdown—both sides digging in!
- Canada’s Not Happy Either: Canada slapped 25% tariffs on some U.S. vehicles (CNN, April 3)—their PM Mark Carney’s talking deals, but it’s tense (Bloomberg, April 4). “They’re not sitting quiet,” says Reuters (April 3)—it’s a pushback, but they’re open to chatting.
- Europe’s Playing It Cool but Ready: The EU offered a “zero-for-zero” deal—drop tariffs together—but also set 25% tariffs on U.S. stuff like bourbon (Reuters, April 7). Leaders like Poland’s Michal Baranowski said they’re not “trigger-happy” (Reuters, April 7)—they’d rather talk than fight.
- Japan’s Staying Chill: Japan’s yen got stronger as people ran to safety (Reuters, April 3), but they’re not hitting back yet—just watching. “They’re hoping for a deal,” notes CNN (April 3)—their Topix index fell 2.7%, but no big moves (Reuters, April 2).
- Global Freakout: Stocks worldwide tanked—$5 trillion gone since April 2 (Reuters, April 4). Leaders like Germany’s Merz worry about recession (Reuters, April 9), and 56% of top economists see a weaker 2025 (World Economic Forum, Jan 16). X posts call it “tariff terror” (@AFP)—everyone’s on edge!
Will Trump’s Tariff Plan Work—or Not?
- Why It Might Work: Trump says tariffs will bring in $2 billion a day (Reuters, April 8) and push companies to make stuff here—like Ford or Walmart building in the U.S. (Yahoo Finance). “Jobs could grow 1-2% by 2026,” predicts Bloomberg (April 2)—that’s thousands of paychecks! Plus, over 50 countries are talking trade deals (NPR, April 8)—it’s pressure that might pay off.
- Why It Might Not: Prices are up now—think $3,000 more for a car (Peterson Institute)—and China’s not backing down (The Guardian, April 9). “This could cost $330 billion in exports,” warns Tax Foundation (April 4)—and a trade war might shrink the economy 0.7% (Tax Foundation). Forbes says “it’s a gamble” (April 3)—short-term pain’s real.
- Good News Hope: Here’s the bright side—Trump’s team, like Trade Rep Jamieson Greer, says this is a bargaining chip (NPR, April 8). If talks work—like with Canada or Japan—tariffs could ease in 6-12 months (Bloomberg, April 4). “Markets could bounce back,” says Reuters (April 7)—that’s cash back in your pocket!
GLHR Takeaway
Since April 2nd, Trump’s tariffs have the world yelling back—China’s at 84% (Reuters), Canada’s countering, and Europe’s ready to deal (Bloomberg). It’s messy—$5 trillion lost (Reuters)—but it might work if Trump lands trade wins, bringing jobs in 6-12 months (Forbes). Hang in there—hope’s not gone, and we could see good stuff soon! Full scoop at glhrinvesting.com!
