Breaking
April 4, 2025

Eric Trump says he wouldn’t want to be the last country that negotiates a trade deal with his Dad Jai Hamid | usagoldmines.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.

Eric Trump says he wouldn’t want to be the last country that negotiates a trade deal with his Dad
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 and unpleasant blow because it comes from the closest ally, but we will survive it,” Tusk wrote on X. “Our friendship must also survive this test.”

German officials are already talking strategy. Acting Economy Minister Robert Habeck said on Thursday that Trump “will buckle under pressure” if Europe unites. “That is what I see, that Donald Trump will buckle under pressure, that he corrects his announcements under pressure,” he said during a press conference.

Greece’s Finance Minister Kyriakos Pierrakakis issued a warning of his own. He said the U.S. tariffs are a big change in direction and go against how the European Union believes economic policy should be handled. “As a country, we are in favour of free trade,” Pierrakakis said in a written statement. “We hope that this chapter will last as little as possible.”

The South African presidency said on Thursday that the 30% tariffs imposed by the Trump administration have created an “urgency” to renegotiate terms. “The tariffs affirm the urgency to negotiate a new bilateral and mutually beneficial trade agreement with the U.S.,” their statement said. The presidency also said the country is “concerned” by the new duties.

In London, U.K. Prime Minister Keir Starmer addressed a group of business leaders inside 10 Downing Street. He said that Trump had a “mandate” to do what he believed was right for the U.S., but warned that the United Kingdom would make decisions based on its “own national interest.” He added, “Decisions we take in the coming days and weeks will be guided only by our national interest. In the interest of our economy. In the interests of the businesses around this table.”

Italy’s Prime Minister Giorgia Meloni criticized the 20% tariff slapped on the European Union. “The tariffs are wrong and not in the interest of either party,” she said, as reported by Dow Jones. She also warned that a trade war would “inevitably weaken the West in favor of other global players.” Meloni said she would push to reach a deal with the U.S. and avoid escalation.

Spain’s Economy Minister Carlos Cuerpo said on Thursday that Madrid is willing to negotiate but won’t accept what he called “unfair and unjustified” tariffs. Spain is part of the EU, which was hit with a flat 20% rate across the board under Trump’s new rules. Cuerpo said the government will take “action” to protect local companies and consumers from the financial hit.

The strongest comments came from France. French government spokesperson Sophie Primas said Trump’s new tariffs reflect an “imperialist posture” and accused him of acting like the “master of the world.” Speaking on RTL Radio, she said the European Union will not let this slide. Primas confirmed the EU is preparing to introduce countermeasures starting in mid-April, with more coming later in April if the situation doesn’t change.

Cryptopolitan Academy: Coming Soon – A New Way to Earn Passive Income with DeFi in 2025. Learn More

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Crypto News | Arthur Hayes Predicts Money Printing Boom, Bullish for Bitcoin Wayne Jones | usagoldm...

Crypto News | Ethereum (ETH) Is a ‘Gift’ at These Prices: Popular Trader Increases Exposure Dimitar...

Crypto News | Bitcoin stable as new US data shows jobs booming before tariffs hit Liam 'Akiba' Wrigh...

China’s Retaliatory Tariffs Shake Global Markets, Bitcoin Dips To $82K Nidhi Kolhapur | usagoldmines...

Bitcoin Crash Incoming? Why Experts Say $65K Is Possible Sohrab Khawas | usagoldmines.com

Pi Network Panic: Can a Coinbase Listing Save PI Coin from More Losses? Mustafa Mulla | usagoldmines...

Fortnite Adds Bitcoin Mine to New Map Victor | usagoldmines.com

Game-Changing Mutuum Finance (MUTM) Targets Cardano’s (ADA) Position As $0.3 Warning Signs Show Cryp...

US unemployment rate jumps to 4.2% as JPMorgan raises 2025 recession odds to 60% Jai Hamid | usagold...

Woman Accidentally Throws Away Husband’s Flash Drive with $3.8 Million in Bitcoin Newton Gitonga | u...

Fed to the Rescue? Bitcoin Could Recover by May as Liquidity Eases, Analysts Say Arnold Kirimi | usa...

Scottish Police Report 2,000% Surge in Crypto-Related Crimes Since 2019 Hassan Shittu | usagoldmines...

Fortnite Adds ‘Dill Bits’ Crypto Mine, Sparking 200% Price Surge in DB Meme Coin Ruholamin Haqshanas...

Coinbase Files for XRP Futures Trading Sead Fadilpašić | usagoldmines.com

Sygnum Bank Analysts Compare Bitcoin Price Action To Tech Stock, Not Digital Gold Ruholamin Haqshana...

Cosmos ($ATOM) Pumps on Staking News:Is Now The Right Time to Invest Despite Security Concerns? Jimm...

Crypto Analyst Sounds the Alarm on Solana Price: Could SOL Fall Below $100 Despite Fidelity ETF Fili...

DeFi TVL Drops Over 30% Since December Peak, Data Reveals Ruholamin Haqshanas | usagoldmines.com

Chainlink Whales Dump Over 170 Million LINK In Three Weeks – Selling Pressure Ahead? Sebastian Villa...

Crypto News | Extsy Officially Launches on April 4th, 2025: A New Era of Seamless Crypto Trading wi...

Crypto News | Solana unlock releases $200 million in SOL amid waning investor interest Oluwapelumi A...

Crypto News | Ripple (XRP) News: April 4th Dimitar Dzhondzhorov | usagoldmines.com

XRP Price Today: Can It Break Out or Will the Bearish Trend Continue? Qadir AK | usagoldmines.com

Is First Digital Trust in Crisis? Justin Sun Exposes $100M Deficit Nidhi Kolhapur | usagoldmines.com

XRP vs. Bitcoin: Retail Investors Drive XRP’s Growth While BTC Stalls Elena R | usagoldmines.com

Ripple CEO Sparks XRP Hype with Major XRPL Apex 2025 Announcement! Mustafa Mulla | usagoldmines.com

China’s Xi Jinping calls Trump a bully, says America shouldn’t be allowed to be as powerful as it is...

How Will US Tariffs Affect Bitcoin Price? Experts Suggest Heavy Crypto Losses Aliyu Pokima | usagold...

Bitcoin Will Fail If It Remains Just a Store Of Value, Warns Jack Dorsey Newton Gitonga | usagoldmin...

Analyst Identifies Key Buy Zone For Bitcoin Before Substantial Gains Newton Gitonga | usagoldmines.c...

Trump’s tariff policy wipes over $1 trillion from the magnificent 7’s market cap Nellius Irene | usa...

Solana Slammed By Whale Dump—Can It Recover Or Is More Pain Ahead? Christian Encila | usagoldmines.c...

Crypto News | Solana Whales Dump SOL Amid Major Token Unlock  Martin Young | usagoldmines.com

Crypto News | XRP outperforms market as Coinbase seeks CFTC approval for futures trading Oluwapelumi...

Crypto News | Cult coins: Crypto in the post meme era? John deVadoss | usagoldmines.com

XRP News: New Twist Emerges In Ripple SEC Case With Unusual Filing  Mustafa Mulla | usagoldmines.com

Bitcoin vs. Stock Market: Michael Saylor Explains the Short-Term Correlation Vignesh S G | usagoldmi...

Top Altcoins to Watch Amid Crypto Market Crash – Smart Investment Strategies Zafar Naik | usagoldmin...

Sen. Cruz Pushes Bill to Power Bitcoin Mining Victor | usagoldmines.com

XRP Ledger EVM Sidechain Testnet Launches on Cosmos SDK Victor | usagoldmines.com

Ethereum Developers Push Back Pectra Upgrade to May 7 Victor | usagoldmines.com

Trump hits Vietnam the worst, government abolishes tens of thousands of civilian positions Florence ...

Base crumbled under pressure, Infected game flees to Solana Ashish Kumar | usagoldmines.com

Shiba Inu (SHIB) and Mutuum Finance (MUTM) Tipped To Be The Biggest Gainers In Next 3 Months: Find O...

Solana (SOL) whale creates selling pressure after sending unlocked tokens to exchanges Hristina Vasi...

Institutional Tailwinds Build as Bitcoin Holds $84K — Enish, Cango & CEX Fuel Momentum Arslan Bu...

BitMEX Co-founder Arthur Hayes ‘Loves Tariffs,’ Says This Is Good for Bitcoin Sujha Sundararajan | u...

Bitcoin On High Alert: US Recession Odds Top 50% On Kalshi Jake Simmons | usagoldmines.com

Tokenized assets in US near $20B as DTCC launches AppChain for real-time tokenized asset management ...

Crypto News | Good News for Ripple Investors: Is XRP Preparing for a Rebound? Jordan Lyanchev | usa...

Crypto News | Crypto Price Analysis April-04: ETH, XRP, ADA, SOL, and SHIB Duo Nine | usagoldmines....

Crypto News | Here’s When Coinbase’s XRP Futures Are Expected to Go Live Wayne Jones | usagoldmines...

Crypto News | Disturbing News for Cardano (ADA) and Chainlink (LINK) Investors: Details Jordan Lyan...

Why Crypto Is Down Today: Market Drops to $2.65T Amid U.S. Tariff News Debashree Patra | usagoldmine...

Bitcoin ETFs Face $100M Outflows as Markets Plunge Following Trump’s Tariff Shock Nidhi Kolhapur | u...

USDC Becomes Default Currency for New Binance Pay Users Victor | usagoldmines.com

Coinbase derivatives seeks CFTC approval for XRP futures contracts Nellius Irene | usagoldmines.com

Why Are Dogecoin (DOGE) Investors Scooping Up Big Positions In Mutuum Finance (MUTM)? Cryptopolitan ...

Over 50 Million Americans Now Use Crypto — With Most Users Seeing Value, Study Finds Shalini Nagaraj...

Analyst Predicts Final Altcoin Rally This Cycle, Utility and Network Strength Key to Gains Ruholamin...

Early-Stage Deals for Bitcoin Startups Jumped in 2024, Defying Broader Market Trends Shalini Nagaraj...

Aptos (APT) Ready For A Breakout? Analysts Eye 20% Rally If This Level Is Reclaimed Rubmar Garcia | ...

Michelle Bowman Federal Reserve Hearing: A Turning Point for Crypto Regulation? Vignesh S G | usagol...

Ripple Lawsuit Ends: Pro-XRP Lawyer John Deaton Revisits XRP Delisting Amid Coinbase Futures Filing ...

Fed Rate Cut Decision in Focus Amid Crypto Volatility and Recession Fears Nidhi Kolhapur | usagoldmi...

Fed Governor Michelle Bowman set for the crypto and industry committee Florence Muchai | usagoldmine...

Bitcoin Market Sentiment Worsens as Bull Score Index Drops to 10 Samuel Edyme | usagoldmines.com

Senate Banking Committee Confirms Paul Atkins as SEC Chair, Crypto Roundtables Ahead Nidhi Kolhapur ...

Meta, Amazon hit hard by Trump’s tariffs as tech stocks plunge Nellius Irene | usagoldmines.com

An odd filing just graced the SEC vs Ripple docket, “liberty for the American people” Florence Mucha...

Crypto Market Slides 3% As Trump’s Sweeping Tariffs Rattle Assets, Recession Fears Mount Shalini Nag...

Gemini Eyes Miami Expansion as SEC Case Nears Conclusion Ruholamin Haqshanas | usagoldmines.com

Kyrgyzstan President Office Signs MoU With Changpeng Zhao in Crypto Push Sujha Sundararajan | usagol...

Crypto News | Crypto Options Traders Turn Bearish as $2.5B Expiry Event Looms Martin Young | usagol...

Crypto News | Pi Network Under Fire: PI Token Plummets 16% to an All-Time Low Jordan Lyanchev | usa...

Pi Network News: Binance Rejects Pi Coin Again, Sending Price to All-Time Low Anjali Belgaumkar | u...

Crypto News Today 5th April : Ripple VS SEC Update, Gold Price,Bitcoin News and More Qadir AK | usag...

CZ enters MOU with Kyrgyzstan to develop crypto and blockchain technology Hannah Collymore | usagold...

JD Vance says that Elon Musk won’t get sidelined by Trump Noor Bazmi | usagoldmines.com

XRP Breakout Alert! Could This Surge Send The Altcoin To $3? Christian Encila | usagoldmines.com

Dogecoin (DOGE) Bleeds Further—Fresh Weekly Lows Test Investor Patience Aayush Jindal | usagoldmines...

Crypto News | Here’s Why Ethereum (ETH) Continues to Bleed, According to CryptoQuant Mandy Williams...

Ripple Lawsuit News: ‘Decisive Evidence in Favor of Defendants’ Requested in Emergency XRP Filing A...

Big News: Coinbase Files for XRP Futures, Spot ETF Approval Soon? Anjali Belgaumkar | usagoldmines....

Anniversary Spotlight: How RaveDAO Blended Crypto Parties with Purpose in 2024 Cryptopolitan Media |...

DeFAI, AI agents, and DeSci narratives lead 2025 price decline after leading in late 2024 Hannah Col...

42% of Brazilian Investors Have Bought Crypto – Survey Tim Alper | usagoldmines.com

Ethereum Price Losing Ground—Is a Drop to $1,550 Inevitable? Aayush Jindal | usagoldmines.com

Is Ethereum Repeating Its 2020 Trend Reversal? Analyst Predicts ETH To ‘Explode’ In Q2 2025 Ash Tiwa...

XRP Battle Heats Up—Can Bulls Turn the Tide? Aayush Jindal | usagoldmines.com

Here’s what the trillion dollar tariff wall means for big tech Shummas Humayun | usagoldmines.com

Gemini expands to Miami’s Wynwood with first South Florida office lease Nellius Irene | usagoldmines...

Bitcoin Price Still In Trouble—Why Recovery Remains Elusive Aayush Jindal | usagoldmines.com

Ethereum Faces ‘Hyperinflation Hellscape’—Analyst Reveals Key On-Chain Insights Samuel Edyme | usago...

Trump’s so-called ‘Liberation Day’ may push the US into a recession Shummas Humayun | usagoldmines.c...

Experts Explain Why Ethereum (ETH) Price Could Fall Below $1,500 In 2025 As Buyers Search For Promis...

Mitsubishi UFJ ‘On Verge of Launching Japan’s First Stablecoin’ Tim Alper | usagoldmines.com

Glassnode Finds XRP Is Retail’s Top Pick This Cycle Jake Simmons | usagoldmines.com

Crypto News | Bitcoin hashrate hits record 972 EH/s as US miners capture 30% of market Oluwapelumi A...

Ethereum and XRP Struggle for Momentum While MAGACOIN FINANCE Targets +2,500% in 2025 Cryptopolitan ...

Leave a Reply