
US reciprocal tariffs face more rifts amid public's worry over economic prospects
2025-04-07 09:18:42 source:Global Times
April 6, 2025
Days after the US President Donald Trump announced sweeping "reciprocal" tariffs, the policy has witnessed more differences among US political circles while the country also saw protests erupt in dozens of cities against a series of controversial policies taken by the US administration amid public's serious concerns over US economic prospects.
The US economic and governance systems have long been plagued by structural flaws and systemic inefficiencies, but its latest tariff policy won't be of much help in addressing these woes, instead it has escalated uncertainty of Americans' livelihood, an expert said, noting it has also cast a shadow on the global trade order.
The demonstrations came after two days of huge losses on Wall Street followed the announcement of steep tariffs, which also sparked fears of a global trade war and recession, CBS News reported on Saturday.
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