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Story perspectives

Trump's Tariff Strategy Sparks Global Economic Turmoil

4/27/2025

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Story summary
  • On April 2, 2025, Donald Trump ignited a wave of global tariffs, championing economic nationalism and targeting China to redefine trade. This bold move, rooted in Project 2025, threatens to upend the global economy and provoke domestic unrest. Bridgewater Associates cautions investors to brace for a transition from globalization to "modern mercantilism," highlighting the urgency of adapting to these shifting economic tides.