GLOBAL MARKETS DROP AGAIN, Wall Street’s panicking, but Trump’s playing the long game

Mario Nawfal

@MarioNawfal
🇺🇸 TRUMP’S TARIFF GAMBLE COULD PAY OFF BIG

Wall Street’s panicking, but Trump’s playing the long game—finally forcing trading partners to the table.

Navarro’s tariff push aims to revive American manufacturing, and Trump’s banking on those cuts and deregulation to keep the economy humming.

Sure, markets are freaking out. But they did the same thing before his tax cuts sent stocks soaring.

Maybe they’re just missing the point—again.

Source: NYP

Mario Nawfal

@MarioNawfal
🇺🇸 BEN SHAPIRO: TRADE WARS AREN’T EASY TO WIN

“Trade deficits have pretty much nothing to do with the health of an economy.

I can name you a period in American history where there was a fairly large surplus in America’s balance of trade.

The entire Great Depression.”

Mario Nawfal

@MarioNawfal
🇺🇸 DEM CONGRESSMAN BACKS TRUMP TARIFF PLAN—AND CALLS OUT HIS OWN PARTY

Rep. Jared Golden says Democrats are on the “wrong direction” train when it comes to trade—and he’s not shy about hopping on board with Trump’s 10% import tariff plan.

Golden:

“I think that they are moving in the wrong direction when it comes to trade… It has kind of, I think, had a sudden movement in the opposite direction, and that’s unfortunate.”

He says free trade made rich companies richer while gutting towns like Detroit, and he’s “pleased” to see Trump aiming to fix it—even if it means crossing party lines.

Golden:

“Tariffs are a first step in rewriting a rigged trade system, but they cannot be the last one.”

Source: Fox News

Mario Nawfal

@MarioNawfal
🚨🇯🇵 JAPAN: TRUMP’S TARIFFS ARE A “NATIONAL CRISIS”

Japanese Prime Minister Shigeru Ishiba called Trump’s sweeping 24% tariffs on Japanese imports a “national crisis” today, warning of severe economic fallout for the export-reliant nation. He urged lawmakers to support emergency measures, including financing aid and protections for domestic industries.

Foreign Minister Takeshi Iwaya directly appealed to Sec Rubio in Brussels to reverse what Tokyo called “extremely regrettable” actions. Meanwhile, Japan’s Nikkei 225 tumbled 2.75% today, deepening losses from yesterday’s Wall Street collapse.

The Japan Chamber of Commerce warned of “extremely grave” consequences, while Japan’s auto industry — which sends 1.49 million cars annually to the U.S. and supports over 2.2 million U.S. jobs — called for urgent government support.

Japan’s $142 billion in U.S.-bound exports last year were dominated by vehicles and electronics. Fitch’s BMI forecasted a worst-case GDP hit of 0.7%, though Capital Economics estimated a smaller 0.2% impact.

Source: Reuters

Mario Nawfal

@MarioNawfal
🚨GLOBAL MARKETS DROP AGAIN AS TRUMP TARIFF FEARS SPREAD

Markets in Asia and Europe fell sharply for a second straight day, with U.S. stocks poised to open lower, as anxiety grows over the economic fallout from Trump’s sweeping tariffs.

Japan’s Nikkei 225 dropped 2.8%, matching Thursday’s loss after the U.S. slapped a 24% tariff on Japanese goods. South Korea’s Kospi fell 0.9%, reacting to a 26% tariff on Korean imports.

Source: NYT