{"id":38502,"date":"2025-04-11T00:12:19","date_gmt":"2025-04-11T00:12:19","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/04\/11\/trump-admits-transition-cost-of-tariffs-as-global-markets-sink-again-business-live\/"},"modified":"2025-04-11T00:12:19","modified_gmt":"2025-04-11T00:12:19","slug":"trump-admits-transition-cost-of-tariffs-as-global-markets-sink-again-business-live","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/04\/11\/trump-admits-transition-cost-of-tariffs-as-global-markets-sink-again-business-live\/","title":{"rendered":"Trump admits \u2018transition cost\u2019 of tariffs as global markets sink again \u2013 business live"},"content":{"rendered":"<p>US stocks tumble once more after historic rally following US president\u2019s shock retreat on \u2018reciprocal\u2019 tariffs<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/10\/trump-tariffs-reaction-republicans-democrats\">US stocks fall again after rally following Trump\u2019s shock retreat on tariffs<\/a><\/li>\n<\/ul>\n<p>Australian shares are poised to open sharply lower this morning, as concerns about Donald Trump\u2019s unsettling policy shifts and deteriorating trade relations between the world\u2019s two biggest economies take hold.<\/p>\n<p>Futures prices are pointing to a 1.6% fall in the benchmark S&amp;P\/ASX 200 to 7,590 points when it opens later this morning, after a <a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/10\/trump-tariffs-reaction-republicans-democrats\">sell-off on Wall Street<\/a> overnight.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/live\/2025\/apr\/11\/donald-trump-tariffs-trade-war-us-china-markets-latest-news-updates\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US stocks tumble once more after historic rally following US president\u2019s shock retreat on \u2018reciprocal\u2019 tariffs US stocks fall again after rally following Trump\u2019s shock retreat on tariffs Australian shares are poised to open sharply lower this morning, as concerns about Donald Trump\u2019s unsettling policy shifts and deteriorating trade relations between the world\u2019s two biggest &#8230; <a title=\"Trump admits \u2018transition cost\u2019 of tariffs as global markets sink again \u2013 business live\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/04\/11\/trump-admits-transition-cost-of-tariffs-as-global-markets-sink-again-business-live\/\" aria-label=\"Read more about Trump admits \u2018transition cost\u2019 of tariffs as global markets sink again \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-38502","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\/38502","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=38502"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/38502\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=38502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=38502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=38502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}