The post Eric Trump says he wouldn’t want to be the last country that negotiates a trade deal with his Dad appeared on BitcoinEthereumNews.com.

Eric Trump went on X on Thursday and told the world exactly how things are going to go under his father’s new trade policy.  “I wouldn’t want to be the last country that tries to negotiate a trade deal with @realDonaldTrump. The first to negotiate will win—the last will absolutely lose. I have seen this movie my entire life,” Eric said. This came just hours after President Donald Trump signed a sweeping tariff plan at the White House that has already caused a pile of angry reactions across the globe. According to Reuters, Trump’s new plan will apply a 10% base tariff on imports from all countries, then add higher rates depending on how much the White House believes each country has been taxing U.S. goods. The administration posted a chart of these new “reciprocal tariffs” on Truth Social showing a full breakdown of countries and their rates. The new rates include a 34% tariff on China, 20% on the European Union, 46% on Vietnam, and 32% on Taiwan. President Trump introduces his reciprocal tariffs on ‘Liberation Day.’ Source: Al-Jazeera Global leaders react, demand answers as Trump ignores backlash India reacted quickly. On Thursday, India’s Department of Commerce said it is still “carefully examining the implications” of the announcement. The U.S. tariffs on India now sit at 27%, while Trump’s Truth Social post said 26%. That discrepancy wasn’t explained by either side. Thailand’s Finance Minister Pichai Chunhavajira told reporters that his country could lose one percentage point from its economic growth forecast because of Trump’s tariffs. The International Monetary Fund had predicted Thailand’s economy would grow by 2.9% this year. Polish Prime Minister Donald Tusk also gave a number. He said these tariffs could knock 0.4% off Poland’s GDP, which equals around 10 billion zlotys, or $2.64 billion. “A severe…

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Filed under: News - @ April 3, 2025 5:22 pm