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Trump's Tariffs Spark Global Trade Retaliation Fears

4/7/2025

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Story summary
  • Donald Trump argues that global trade has “looted” America, igniting concerns among foreign officials who might retaliate against his tariffs. This tension could lead to targeted restrictions on expensive American services, echoing frustrations voiced by clients of U.S. banking, consulting, and tech firms. The stakes are high as nations weigh their responses.