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

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

The tariff storm from Trump has caused a tremendous shock in the Forex market! Sina Finance's Forex video decodes the secrets of the fluctuations in real-time.

The "tariff hurricane" has re-emerged, and Forex fluctuations have intensified. On the 2nd, US President Trump signed an executive order announcing a 10% "minimum benchmark tariff" on global trade partners, and imposing differentiated tax rates of 20%-49% on economies including Cambodia, Vietnam, China, and the EU. Documents from the White House indicate that the first round of tariffs will take effect on the 5th, with higher tax rate measures implemented on the 9th. This policy directly impacts the Global currency market, with offshore RMB and Southeast Asian currencies experiencing significant fluctuations, and the Euro to USD Exchange Rates plummeting rapidly. In the face of dual uncertainties in policy and market, investors urgently require quick access to professional interpretations and response strategies. Sina

Market News02:34 ET

Trump launches a Global tariff war! Sina Finance Forex channel video analysis helps you seize the initiative in decision-making.

The "tariff hurricane" has re-emerged, and Forex fluctuations have intensified. On the 2nd, US President Trump signed an executive order announcing a 10% "minimum benchmark tariff" on global trade partners, and imposing differentiated tax rates of 20%-49% on economies including Cambodia, Vietnam, China, and the EU. Documents from the White House indicate that the first round of tariffs will take effect on the 5th, with higher tax rate measures implemented on the 9th. This policy directly impacts the Global currency market, with offshore RMB and Southeast Asian currencies experiencing significant fluctuations, and the Euro to USD Exchange Rates plummeting rapidly. In the face of dual uncertainties in policy and market, investors urgently require quick access to professional interpretations and response strategies. Sina

Market News02:34 ET

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

WSJ01:21 ET

In March, China's Caixin Services PMI was 51.9, with growth rising to a three-month high.

In March, the volume of new Orders in the service industry grew steadily, and market demand is beginning to recover. Due to cost-cutting considerations, companies are cautious in their hiring attitudes, leading to a decline in the employment Index of the service industry into the contraction Range. However, corporate confidence in the service sector significantly increased in March, reaching a new high in optimism about the outlook for the next 12 months.

wallstreetcn22:41 ET