The Prime Minister of Australia responded to Trump's tariffs: there will be no equal countermeasures, and negotiations for exemptions will be sought.

① Australian Prime Minister Albanese criticized USA President Trump for imposing a 10% tariff on allies, stating that such actions are not what friends do, and indicated that Australia will not impose equivalent tariffs on the USA; ② The Australian government will seek to negotiate with the USA in hopes that Trump will lift the tariffs on Australia.

cls.cn05:32 ET

Analysts harshly criticize Trump's tariffs: it severely hurts USA consumers and serves no beneficial purpose!

① Trump signed an executive order on 'reciprocal tariffs,' leading to a decline in Global stock markets, with US Index Futures dropping sharply as investors turned to safe Assets; ② investment bank Analysts generally hold a pessimistic view on 'reciprocal tariffs,' predicting an increased risk of recession in the USA, with tariff costs being passed on to Consumers, affecting inflation and economic growth.

cls.cn04:50 ET

RBA Needs to Adjust to Rising Growth Threats -- Analysis

WSJ03:27 ET

The layered impact of Trump's tariff policy on a Global scale is becoming evident, and the USA economy is bearing multiple pressures.

According to Dow Jones News, Donald Trump's new tariff policy is seen by economists as a "tsunami" that will impact the Global economy, with the scope and depth of its effects potentially altering the existing economic order completely. Multiple authoritative experts point out that this policy will not only raise prices in the USA and suppress Consumer spending but may also disrupt the Global trade system, even leading many countries into recession. The Global impacts are manifesting in layers. Neil Shearing, Chief Economist at Capital Economics, analyzed that the degree of impact varies significantly across different regions: Canada and Mexico will face relatively minor disruptions; countries in Asia, such as Vietnam, will suffer the most severe blows; the European Union and Japan.

FX678 Finance02:53 ET

Trump's Tariffs Will Make Interest-Rate Cuts Difficult -- Market Talk

WSJ01:21 ET

Australian Consumers May Be Tariff Winners, Iron Ore Miners Potential Losers -- Market Talk

WSJ22:45 ET