Trump Vs China & Trade Policy: Boom Or Bust For America?

Business Today April 30, 2025
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On his 100th day back in office, U.S. President Donald Trump defended his tough tariff policy, insisting it won’t drive up inflation. In a heated exchange with ABC’s Terry Moran, Trump claimed fuel and grocery prices have dropped and said China "deserved" the 145% tariffs, arguing they were “ripping us off.” Despite growing economic concern, Trump dismissed fears of price hikes and recession, hinting that China might “eat” the tariffs. Meanwhile, he announced credits for U.S. automakers and revealed plans to strike 90 trade deals in 90 days. Is Trump’s bold trade strategy a masterstroke or a looming risk? Watch this breakdown of the interview and its global economic implications. Courtesy: ABC News #Trump2025 #USChinaTrade #TariffWar #Inflation #USPolitics #BusinessToday #GlobalEconomy #TradeDeal #ABCInterview #TrumpTariffs ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: https://www.facebook.com/BusinessToday twitter: https://twitter.com/business_today Instagram: https://www.instagram.com/business_today/

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