From Investing.com: 2025-04-03 13:11:00

The latest news on trade wars reveals that total tariffs on China, Japan, and the EU are now at 54%, 24%, and 20% respectively. Market instruments, excluding havens, saw sharp declines following the announcement, hitting near six-month lows on 2 April. A new 10% universal tariff on all imports to the USA will take effect on 5 April, with reciprocal tariffs on specific countries starting on 9 April. JPMorgan estimates these tariffs will generate around $400 billion in revenue for the USA, potentially increasing PCE by 1-1.5% in the third quarter. Despite Trump’s unpredictable policy history, traders are bracing for further market volatility ahead.



Read more at Investing.com: The Latest Round of Tariffs From the USA was More Extensive Than Expected