{"id":37787,"date":"2025-04-03T01:20:46","date_gmt":"2025-04-03T01:20:46","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/04\/03\/asian-markets-plunge-as-world-reels-from-trump-tariff-announcement-business-live\/"},"modified":"2025-04-03T01:20:46","modified_gmt":"2025-04-03T01:20:46","slug":"asian-markets-plunge-as-world-reels-from-trump-tariff-announcement-business-live","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/04\/03\/asian-markets-plunge-as-world-reels-from-trump-tariff-announcement-business-live\/","title":{"rendered":"Asian markets plunge as world reels from Trump tariff announcement \u2013 business live"},"content":{"rendered":"<p>US president has announced aggressive tariffs targeting US allies on what he has dubbed \u2018liberation day\u2019<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/02\/trump-new-tariffs-liberation-day\">Full report: Trump announces sweeping new tariffs, upending decades of US trade policy<\/a><\/li>\n<li><a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/02\/trump-tariffs-analysis\">Analysis: Trump\u2019s wall of tariffs is likely to raise prices and cause chaos for business<\/a><\/li>\n<\/ul>\n<p>The new US tariffs \u201cwill only create losers\u201d with US consumers particularly hard hit, the <strong>German Automotive Industry Association (VDA)<\/strong>, has said in a <a href=\"https:\/\/www.vda.de\/de\/presse\/Pressemeldungen\/2025\/250403_Kommentierung_US-Zollpaket\">statement<\/a>, calling on the EU \u201cto act together and with the necessary force, while continuing to signal its willingness to negotiate.\u201d<\/p>\n<p>The body, which represents the powerful German auto industry, said the tariffs marked<\/p>\n<p>the United States\u2019 departure from the rules-based global trade order \u2013 and thus a departure from the foundation for global value creation and corresponding growth and prosperity in many regions of the world.<\/p>\n<p>This is not America first; this is America alone.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/live\/2025\/apr\/03\/business-news-live-updates-trump-tarrifs-asian-markets-nikkei-asx-wall-st-dow-jones-dollar-euro\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US president has announced aggressive tariffs targeting US allies on what he has dubbed \u2018liberation day\u2019 Full report: Trump announces sweeping new tariffs, upending decades of US trade policy Analysis: Trump\u2019s wall of tariffs is likely to raise prices and cause chaos for business The new US tariffs \u201cwill only create losers\u201d with US consumers &#8230; <a title=\"Asian markets plunge as world reels from Trump tariff announcement \u2013 business live\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/04\/03\/asian-markets-plunge-as-world-reels-from-trump-tariff-announcement-business-live\/\" aria-label=\"Read more about Asian markets plunge as world reels from Trump tariff announcement \u2013 business live\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-37787","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/37787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=37787"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/37787\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=37787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=37787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=37787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}