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I think it is fair to say that Trump\u2019s so-called liberating<\/em> event left many feeling not so liberated<\/em>. In my opinion, this is certainly not a one-and-done occurrence, and we can expect countermeasures and further negotiations over the next couple of days.<\/p>\n Following Trump\u2019s announcement, US Treasury Secretary Scott Bessent warned countries not to impose countermeasures, stating the following:<\/p>\n \u2018My advice to every country right now is do not retaliate. Sit back, take it in, let\u2019s see how it goes. Because if you retaliate, there will be escalation\u2019.<\/p>\n However, as expected, the global response from world leaders has, shall we say, been one of dissatisfaction<\/em>. European Commission chief Ursula von der Leyen stated that Trump\u2019s tariffs represent a \u2018major blow\u2019 to the global economy;\u00a0Italian Prime Minister Giorgia Meloni, one of the first leaders to express her opinion, described the tariffs as \u2018wrong\u2019. The EU is reportedly preparing countermeasures, with China also setting the stage for retaliatory measures.<\/p>\n<\/div>\n [ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":" [ad_1] Source: White HouseLiberation Day Is Not a One-And-Done Event; What Next? I think it is fair to say that Trump\u2019s so-called liberating event left many feeling not so liberated. In my opinion, this is certainly not a one-and-done occurrence, and we can expect countermeasures and further negotiations over the next couple of days. Following Trump\u2019s announcement, US Treasury Secretary Scott Bessent warned countries not to impose countermeasures, stating the following: \u2018My advice to every country right now is do not retaliate. Sit back, take it in, let\u2019s see how it goes. Because if you retaliate, there will be escalation\u2019. However, as expected, the global response from world leaders has, shall we say, been one of dissatisfaction. European Commission chief Ursula von der Leyen stated that Trump\u2019s tariffs represent a \u2018major blow\u2019 to the global economy;\u00a0Italian Prime Minister Giorgia Meloni, one of the first leaders to express her opinion, described the tariffs as \u2018wrong\u2019. The EU is reportedly preparing countermeasures, with China also setting the stage for retaliatory measures. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":41453,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-41452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t