‘Explosive’ Trump tariffs take effect with 104% hike on China as Don says countries are ‘kissing my a**’ to make deals
- China to impose additional tariffs of 84 per cent on US goods
- Who has been impacted by Trump's latest tariffs?
- Trump raises China tariffs to 104%
- China vows 'fight to the end'
- Over 50 countries reaching out to negotiate tariffs
- Jaguar Land Rover pause car shipments to US
- President Trump's reciprocal tariffs revealed
- Auto tariffs start on Thursday
PRESIDENT Donald Trump's explosive tariffs have officially taken effect across the globe - including a crushing 104% hike for China.
Around 60 countries dubbed the "worst offenders" by the US President have been slapped with the huge increases - sparking fears of a global trade war.
Trump has insisted the US is already benefiting from the sweeping tariffs, which he says are bringing in $2billion per day.
And as the strongest wave of tariffs yet came into effect, Trump said world leaders are lining up to "kiss his a**" and make a deal.
He also blasted "trade cheaters all over the globe" as he claimed he was standing up for working Americans.
The President spoke just hours after stoking a bitter battle with Beijing as he imposed the crippling 104% tariffs on all Chinese imports.
China has seen the highest rates, along with Vietnam (46%), Thailand (36%), Japan (24%) and the European Union (20%).
The UK has not faced any further rises beyond the 10% baseline rise which came into effect last weekend.
But despite the president's claims that business is better than ever, the trade war has already wiped trillions off global markets.
The stock market plummeted again on Tuesday after a seemingly optimistic morning.
The S&P 500 dropped 1.6%, the Dow Jones Industrial Average slid 320 points, and the Nasdaq plummeted 2.1% in response to Trump announcing new additional tariffs in his war against China.
China has vowed to "fight to the end" in what's been called a global game of chicken.
However, Trump said Beijing “wants to make a deal, badly, but they don’t know how to get it started”.
Speaking about Beijing's retaliatory tariffs, the President said: "I have great respect for China, but they cannot do this.
"We are going to have one shot at this... I'll tell you what, it is an honor to do it."
Trump coins a brand new word
Donald Trump has coined a brand new word called "PANICAN" to refer to people who he thinks are "weak and stupid" and get panicked easily.
Posting on Truth Social, Trump told Americans not to be a "PANICAN" amid his tariff war.
He said: "The United States has a chance to do something that should have been done DECADES AGO. Don’t be Weak! Don’t be Stupid! Don’t be a PANICAN (A new party based on Weak and Stupid people!).
"Be Strong, Courageous, and Patient, and GREATNESS will be the result!"
Since Trump posted the term on social media, it has gone viral and received hilarious reactions from users.
Reacting to the new word, a user wrote on X: "Oh phew. When I heard Trump created a new word, I thought that meant we were invading Panama and Canada today.”
While another user said: “Trump switches parties, becomes Panican.”
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Trump’s ‘outrageous’ tariffs could shrink French economy, PM warns
France’s economy could shrink by at least 0.5% due to Donald Trump’s tariffs, Prime Minister Francois Bayrou has warned.
Speaking to Le Parisien, Bayrou called the levies “outrageous” and said they could trigger a “global crisis”.
“Trump’s policies could cost us more than 0.5% of our GDP,” he said.
“The imposition of these outrageous tariffs will lead to a global crisis.
“The risk of job losses is significant, as is that of an economic slowdown.”
France is among EU nations hit with a 20% general tariff under Trump’s latest trade plan.
Trump’s ‘outrageous’ tariffs could shrink French economy, PM warns
France’s economy could shrink by at least 0.5% due to Donald Trump’s tariffs, Prime Minister Francois Bayrou has warned.
Speaking to Le Parisien, Bayrou called the levies “outrageous” and said they could trigger a “global crisis”.
“Trump’s policies could cost us more than 0.5% of our GDP,” he said.
“The imposition of these outrageous tariffs will lead to a global crisis.
“The risk of job losses is significant, as is that of an economic slowdown.”
France is among EU nations hit with a 20% general tariff under Trump’s latest trade plan.
Macron: trade war in 'no one's interest'
French President Emmanuel Macron has warned that a trade war benefits no one, urging global unity in the face of escalating economic tensions.
After speaking with UK Prime Minister Sir Keir Starmer, Macron said the two leaders “reaffirmed our determination to closely coordinate our positions in the ongoing discussions with President Donald Trump.”
Posting on X, he added: “A trade war is in no one’s interest. We must stand united and resolute to protect our citizens and our businesses.”
He also stressed the need for global cooperation, saying: “In the face of the world’s great shocks, we must move forward together.”
Credit: Reuters
Macron: trade war in 'no one's interest'
French President Emmanuel Macron has warned that a trade war benefits no one, urging global unity in the face of escalating economic tensions.
After speaking with UK Prime Minister Sir Keir Starmer, Macron said the two leaders “reaffirmed our determination to closely coordinate our positions in the ongoing discussions with President Donald Trump.”
Posting on X, he added: “A trade war is in no one’s interest. We must stand united and resolute to protect our citizens and our businesses.”
He also stressed the need for global cooperation, saying: “In the face of the world’s great shocks, we must move forward together.”
Credit: Reuters Musk calls for ‘zero-tariff zone’ between US and Europe
Elon Musk has floated the idea of a “zero-tariff zone” between the US and Europe, calling for stronger economic ties amid rising global trade tensions.
Speaking via video link to Italy’s deputy PM Matteo Salvini during the Lega party congress in Florence, Musk said he hoped for a “very close, stronger partnership” between the two powers.
The Tesla boss and Trump White House insider added he’d like to see a “zero-tariff zone” and a “free-trade zone” established in the future.
Credit: Reuters Musk calls for ‘zero-tariff zone’ between US and Europe
Elon Musk has floated the idea of a “zero-tariff zone” between the US and Europe, calling for stronger economic ties amid rising global trade tensions.
Speaking via video link to Italy’s deputy PM Matteo Salvini during the Lega party congress in Florence, Musk said he hoped for a “very close, stronger partnership” between the two powers.
The Tesla boss and Trump White House insider added he’d like to see a “zero-tariff zone” and a “free-trade zone” established in the future.
Credit: Reuters Anti-Trump protests across US and Europe amid tariff meltdown
Anti-Trump protests have swept across the globe in response to the US president’s sweeping tariffs and escalating global tensions.
From Berlin to London, demonstrators have taken to the streets, slamming Donald Trump and billionaire adviser Elon Musk, and calling for an “end to the chaos” while voicing strong support for Ukraine.
In London’s Trafalgar Square, hundreds gathered for a “hands off” rally, waving placards reading “No to Maga hate” and “Dump Trump.”
The UK protest is one of hundreds held worldwide as outrage mounts over Trump’s aggressive trade moves.
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Credit: Alamy Anti-Trump protests across US and Europe amid tariff meltdown
Anti-Trump protests have swept across the globe in response to the US president’s sweeping tariffs and escalating global tensions.
From Berlin to London, demonstrators have taken to the streets, slamming Donald Trump and billionaire adviser Elon Musk, and calling for an “end to the chaos” while voicing strong support for Ukraine.
In London’s Trafalgar Square, hundreds gathered for a “hands off” rally, waving placards reading “No to Maga hate” and “Dump Trump.”
The UK protest is one of hundreds held worldwide as outrage mounts over Trump’s aggressive trade moves.
Credit: AP Credit: PA Credit: Reuters Credit: AP Credit: Alamy Aircraft supplier warns it may halt shipments over Trump tariffs
Howmet Aerospace, a key supplier to Airbus and Boeing, has warned it may stop some shipments due to Donald Trump’s new tariffs, according to a letter seen by Reuters.
The Pittsburgh-based firm told customers it has declared a force majeure event – a legal move allowing companies to suspend contractual obligations under extreme, unforeseen circumstances.
"Howmet will be excused from supplying any products or services that are impacted by this declared national emergency and/or the tariff executive order," the letter reportedly said.
Howmet provides critical metal components for the $150 billion jetliner industry.
Aircraft supplier warns it may halt shipments over Trump tariffs
Howmet Aerospace, a key supplier to Airbus and Boeing, has warned it may stop some shipments due to Donald Trump’s new tariffs, according to a letter seen by Reuters.
The Pittsburgh-based firm told customers it has declared a force majeure event – a legal move allowing companies to suspend contractual obligations under extreme, unforeseen circumstances.
"Howmet will be excused from supplying any products or services that are impacted by this declared national emergency and/or the tariff executive order," the letter reportedly said.
Howmet provides critical metal components for the $150 billion jetliner industry.
Trump: ‘this is an economic revolution… hang tough’
Donald Trump has called on Americans to “hang tough” as his sweeping tariffs spark economic shockwaves around the globe.
In a fiery post on Truth Social, the former president defended the move, calling it an “economic revolution” and insisting the US will come out on top.
He wrote on Saturday: "China has been hit much harder than the USA, not even close.
"They, and many other nations, have treated us unsustainably badly. We have been the dumb and helpless ‘whipping post’, but not any longer.
"We are bringing back jobs and businesses like never before. Already, more than five trillion dollars of investment, and rising fast.
"This is an economic revolution, and we will win. Hang tough, it won’t be easy, but the end result will be historic.
"We will make America great again."
Credit: AFP 
Trump: ‘this is an economic revolution… hang tough’
Donald Trump has called on Americans to “hang tough” as his sweeping tariffs spark economic shockwaves around the globe.
In a fiery post on Truth Social, the former president defended the move, calling it an “economic revolution” and insisting the US will come out on top.
He wrote on Saturday: "China has been hit much harder than the USA, not even close.
"They, and many other nations, have treated us unsustainably badly. We have been the dumb and helpless ‘whipping post’, but not any longer.
"We are bringing back jobs and businesses like never before. Already, more than five trillion dollars of investment, and rising fast.
"This is an economic revolution, and we will win. Hang tough, it won’t be easy, but the end result will be historic.
"We will make America great again."
Credit: AFP Pictures: Trump golfing for third day running amid tariffs chaos
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Credit: AP Starmer and Macron concerned about tariff fallout
Britain's PM Keir Starmer and French President Emmanuel Macron discussed their concerns about the impact of Trump's tariffs when they spoke on Saturday.
According to the Prime Minister's office, they share similar concerns about the economic and security implications of the measures.
The Downing Street statement read: "They agreed that a trade war was in nobody's interests, but nothing should be off the table.
"The prime minister and president also shared their concerns about the global economic and security impact, particularly in Southeast Asia."
Credit: Getty Trump slams China after country accuses President of using tariffs 'as a weapon'
President Trump has dubbed his tariffs "AN ECONOMIC REVOLUTION" on social media after a spokesperson for China's foreign ministry took a swipe at the Republican and accused him of using tariffs "as a weapon".
The president said on Truth Social: "China has been hit much harder than the USA, not even close. They, and many other nations, have treated us unsustainably badly.
"We have been the dumb and helpless 'whipping post,' but not any longer. We are bringing back jobs and businesses like never before.
"Already, more than FIVE TRILLION DOLLARS OF INVESTMENT, and rising fast! THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN. HANG TOUGH, it won’t be easy, but the end result will be historic.
"We will, MAKE AMERICA GREAT AGAIN!!!"
Trump slams China after country accuses President of using tariffs 'as a weapon'
President Trump has dubbed his tariffs "AN ECONOMIC REVOLUTION" on social media after a spokesperson for China's foreign ministry took a swipe at the Republican and accused him of using tariffs "as a weapon".
The president said on Truth Social: "China has been hit much harder than the USA, not even close. They, and many other nations, have treated us unsustainably badly.
"We have been the dumb and helpless 'whipping post,' but not any longer. We are bringing back jobs and businesses like never before.
"Already, more than FIVE TRILLION DOLLARS OF INVESTMENT, and rising fast! THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN. HANG TOUGH, it won’t be easy, but the end result will be historic.
"We will, MAKE AMERICA GREAT AGAIN!!!"
'DeepSeek AI to blame for market decline,' says US treasury sec
US Treasury Secretary Scott Bessent has jumped to Trump's defence amid the tariff chaos - blaming the plummet on China's AI app, DeepSeek.
He said in an interview with Tucker Carlson: "For everyone who thinks these market declines are all based on the President's economic policies, I can tell you that this market decline started with the Chinese AI announcement of DeepSeek."
DeepSeek is a large language model that can generate human-like responses to prompts, just like the famous ChatGPT.
DeepSeek claims their app performs "on par" with ChatGPTCredit: Rex Jaguar Land Rover pausing car shipments to US amid tariff chaos
Jaguar Land Rover is pausing its shipments of Brit-made cars to the US, it confirmed.
The decision is to reportedly kick in from Monday as the booming vehicle company works out how to alleviate the whopping 25 per cent import tax imposed by President Trump.
A JLR spokesperson said: "The USA is an important market for JLR's luxury brands.
"As we work to address the new trading terms with our business partners, we are taking some short-term actions including a shipment pause in April, as we develop our mid to longer-term plans."
Range Rover on the manufacturing production lineCredit: Jaguar Land Rover Jaguar Land Rover pausing car shipments to US amid tariff chaos
Jaguar Land Rover is pausing its shipments of Brit-made cars to the US, it confirmed.
The decision is to reportedly kick in from Monday as the booming vehicle company works out how to alleviate the whopping 25 per cent import tax imposed by President Trump.
A JLR spokesperson said: "The USA is an important market for JLR's luxury brands.
"As we work to address the new trading terms with our business partners, we are taking some short-term actions including a shipment pause in April, as we develop our mid to longer-term plans."
Range Rover on the manufacturing production lineCredit: Jaguar Land Rover 'US using tariffs as a weapon,' says China
China has accused the US of using tariffs "as a weapon" to squash Beijing's booming economy, according to state news agency Xinhua.
The country's foreign ministry also said that the US should "stop undermining the legitimate development rights of the Chinese people".
China had brutally responded to President Trump's 34 tariff with its own of the same gargantuan percentage on US imports.
'Trump tariffs seem to be to our advantage,' says Turkey
President Trump's tariffs "seem to be to our advantage," the vice president of Turkey said.
He told CNN Turk: "There were already tariffs on iron, steel and aluminium [exports from Turkey to the US].
"When [the US] imposed similar tariffs on the others, there was an equalisation there, it was in our favour."
Turkey's trade minister Omer Bolat said yesterday that the country's government looked to negotiate with the US to lift the 10 per cent tariffs.
He dubbed them the "best of the worst," comparing them to the higher tariffs dished out to other countries.
Argentinian president shows off Trump bromance amid tariff chaos
Argentina's right-wing present flew to Pal Beach for just 24 hours in order to receive an award honouring his libertarian agenda.
He also hopes to have a one-on-one chat with President Trump.
At the right-wing 'American Patrot' gala, Milei didn't hold back in shouting: "Make Argentina Great Again!"
Argentina's President Javier Milei arrives to speak before President-elect Donald Trump during an America First Policy Institute galaCredit: AP Netanyahu to speak about tariffs with Trump on Monday
Israeli Prime Minister Benjamin Netanyahu is to talk tariffs with President Trump on Monday, officials have revealed.
The visit was first reported by Axios and would mark the first meeting between Trump and a foreign leader in person to discuss a tariffs deal.
Three Israeli officials have confirmed the visit after Israel was hit with a 17 per cent tariff.
It is also likely the pair will discuss the war in Gaza.
Israeli Prime Minister Benjamin Netanyahu delivers a speech at Ludovika University of Public Service in Budapest Netanyahu to speak about tariffs with Trump on Monday
Israeli Prime Minister Benjamin Netanyahu is to talk tariffs with President Trump on Monday, officials have revealed.
The visit was first reported by Axios and would mark the first meeting between Trump and a foreign leader in person to discuss a tariffs deal.
Three Israeli officials have confirmed the visit after Israel was hit with a 17 per cent tariff.
It is also likely the pair will discuss the war in Gaza.
Israeli Prime Minister Benjamin Netanyahu delivers a speech at Ludovika University of Public Service in Budapest Italy issues warning against counter-tariffs
Italy's economy minister Giancarlo Giorgetti has warned against any counter tariffs, adding that the country looks for a "de-escalation" with the US.
He said at a business forum near Milan: "We should avoid launching a policy of counter-tariffs that could be damaging for everyone and especially for us."
Italy is set to be hit with a 20 per cent tariff, just like the rest of the EU.
The country has a large trade surplus with the US.