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Fran Yamid

@franyamid

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In April 2025, the global economy faced significant challenges due to escalating trade tensions initiated by U.S. President Donald Trump's imposition of sweeping tariffs, including a 10% blanket tariff on all imports and up to 245% on Chinese goods. These actions triggered a sharp downturn in global stock markets, with the S&P 500 experiencing a 10% drop over two days and the Dow Jones Industrial Average plummeting over 4,000 points, marking the largest two-day loss in history. China retaliated with 125% tariffs on U.S. imports, leading to heightened market volatility and investor uncertainty. The trade war also contributed to rising inflationary pressures in the U.S., with April's inflation data showing a 0.3% month-on-month increase, and projections indicating a potential peak of 4.4% CPI by late 2026. businessinsider.com +1 Reuters +1 en.wikipedia.org Financial Times Reuters OECD Let me know if you'd like a version of this summary in Spanish or further details on any specific topic.
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