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The Guardian - UK
The Guardian - UK
Business
Heather Stewart and Richard Partington

‘In economic terms, Trump’s tariffs make no sense at all’

a man looks at a screen listing falling stock prices
A screen shows stock prices on the floor of the New York Stock Exchange. Photograph: Justin Lane/EPA

From world leaders, to the tiniest manufacturers thousands of miles from Washington, decision-makers across the global economy are racked with uncertainty as they scramble to come to terms with Donald Trump’s historic tariffs.

Experts are all but unanimous that the impact on global growth of Wednesday’s extraordinary Rose Garden press conference will be negative – but just how bad remains highly uncertain.

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