Wednesday, April 16, 2025

Hong Kong suspends shipments to the US due to Trump tariffs

RND Hong Kong suspends shipments to the US due to Trump tariffs Jens Strube, Axel Schürgels, Jan-Hürgels, Jan-Henrik Petermann, Moritz Speer, Sebastian Heintz • 3 hours • 1 minute read Trump causes chaos after taking office After Donald Trump's return to the presidency in January 2025, the 78-year-old is resolutely reversing the US's domestic and foreign policy course. Since then, uncertainty and concern about Trump's future actions have prevailed. Many Americans who relied on Trump's promise to combat inflation are disappointed, as prices continue to rise – and Trump himself is contributing to this with his rigid tariff policy. The country's economic development seems particularly remarkable. While political revivals in the US usually lead to a rise in the stock markets, the president has had the opposite effect. Experts are already talking about a "Trump dump," a dramatic drop in stock prices. Trump's actions have caused by far the greatest damage in the field of foreign policy. His pro-Russia stance has caused outrage and dismay in the United States, but especially in Europe.