US President Donald Trump, while accepting the presence of transitional costs and concerns, firmly stated on Thursday that his trade measures against the global market will ultimately prove beneficial. Simultaneously, the President chose to impose a hold on tariffs related to the European Union while hiking those against China to 145%.

Source: https://www.france24.com/en/americas/20250411-trump-promises-beautiful-result-to-trade-war-as-markets-remain-shaken