https://sputnikglobe.com/20250506/trumps-trade-tariffs-hit-global-markets-harder-than-2008-crisis-1121987336.html
Trump’s Trade Tariffs Hammer Global Markets Harder Than 2008 Meltdown
Trump’s Trade Tariffs Hammer Global Markets Harder Than 2008 Meltdown
Sputnik International
On April 2, US President Donald Trump signed a decree introducing "reciprocal" tariffs on imports from more than 180 countries and territories.
2025-05-06T08:50+0000
2025-05-06T08:50+0000
2025-05-06T09:38+0000
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The levies caused a "collapse of financial markets" that also exceeded the speed of economic decline during the 2020 crisis, a study by Russia’s Roscongress Foundation and obtained by Sputnik reveals.The Russian economy stayed afloat following the Trump tariffs thanks to the specific structure of its foreign trade, the research underlined.
https://sputnikglobe.com/20250426/what-happens-when-the-tariff-pause-expires-trump-reportedly-has-a-plan-1121939650.html
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trump’s trade tariffs, global markets, 2008 crisis, 2011 us rating downgrade, 9/11 terrorist attacks, russian economy
trump’s trade tariffs, global markets, 2008 crisis, 2011 us rating downgrade, 9/11 terrorist attacks, russian economy
Trump’s Trade Tariffs Hammer Global Markets Harder Than 2008 Meltdown
08:50 GMT 06.05.2025 (Updated: 09:38 GMT 06.05.2025) On April 2, US President Donald Trump signed a decree introducing "reciprocal" tariffs on imports from more than 180 countries and territories.
The levies caused a "collapse of financial markets" that also exceeded the speed of economic decline during the 2020 crisis, a study by Russia’s Roscongress Foundation and obtained by Sputnik reveals.
The global economic implications from the Trump tariffs were even more serious than from the 2011 US rating downgrade, the 2008 Lehman Brothers bankruptcy, and the 9/11 terrorist attacks.
The Russian economy stayed afloat following
the Trump tariffs thanks to the specific structure of its foreign trade, the research underlined.
