LBC callers react to Donald Trump's 'pausing' his global tariffs скачать в хорошем качестве

LBC callers react to Donald Trump's 'pausing' his global tariffs

Donald Trump has announced a 90-day pause on all tariffs above 10% but targeted China with a staggering 125% rate as the trade war between Washington and Beijing rages on. LBC's world-class callers react: 00:00 Anthony is thankful for a 'breakout of sanity.' 01:54 Miles thinks Trump's announcement is 'hugely embarrassing.' 05:20 Peter thinks Trump has 'forgotten' specialities unique to certain countries. 08:47 William thinks we're being too hard on China. 13:14 Alan's American-made phone lets him down... 14:10 Billy believes Trump 'doesn't know what he's doing' 16:10 John is grateful for Keir Starmer's decision-making. 18:02 Murdo thinks Trump will be pleased to have got everyone to be 'happy' with a 10% tariff across the board. Wall Street rallied following Trump's announcement, with the S&P 500, Dow Jones and Nasdaq all soaring. As of 7pm this evening, the markets had risen by: the Dow Jones rose 5.76% the S&P 500 rose 6.46% the Nasdaq went up 8.04% Earlier today, Donald Trump urged markets to 'be cool' as the trade war between him and China escalated. As Wall Street opened on Wednesday with further slides, Mr Trump insisted that "everything is going to work out well", adding that "the USA will be bigger and better than ever before". It comes after China slapped retaliatory tariffs of 84% on US products. Beijing announced an import tax of 84% on US goods, an increase of 50% from previous levies. It followed the United States' decision to slap 104% levies on Chinese imports from today. As US markets opened, the tech-company-heavy NASDAQ was up 0.72%, while the Dow Jones Industrial Average (DJIA) index of 30 major companies listed on US stock exchanges dropped 0.7%. Markets around the world jittered ahead of the Wednesday morning bell, with the Chinese yuan hovering just above the lowest level seen since 2007 - as Beijing's currency depreciated further. The US President was seen to declare "I know what the hell I'm doing!" on Tuesday night, making the comments during a defiant speech at the National Republican Congressional Committee dinner in Washington. He proclaimed: "These countries are calling me up, kissing my ass...they are dying to make a deal... They are, they are dying to make a deal. Please, please, sir, make a deal. I'll do anything." "I know what the hell I'm doing. I know what I'm doing, and you know what I'm doing too," he said. "I'm the only one that would have done the tariffs, because everybody was afraid. They were afraid of being criticised." Listen to the full show on Global Player: https://app.af.globalplayer.com/Br0x/... #iaindale #politics #LBC LBC is the home of live debate around news and current affairs in the UK. Join in the conversation and listen at https://www.lbc.co.uk/ Sign up to LBC’s weekly newsletter here: https://l-bc.co/signup