{"id":9848,"date":"2025-04-14T16:25:34","date_gmt":"2025-04-14T16:25:34","guid":{"rendered":"https:\/\/shareinfo24.com\/?p=9848"},"modified":"2025-04-14T16:25:34","modified_gmt":"2025-04-14T16:25:34","slug":"obama-speaks-out-with-blunt-8-word-message-following-trumps-controversial-tariffs","status":"publish","type":"post","link":"https:\/\/shareinfo24.com\/?p=9848","title":{"rendered":"Obama speaks out with blunt 8-word message following Trump\u2019s controversial tariffs"},"content":{"rendered":"<p><strong>On April 2, 2025, Donald Trump, now president again, announced sweeping tariffs, calling it \u201cLiberation Day.\u201d<\/strong>\u00a0A universal 10% tariff was imposed on all imports, with even higher rates for 60 \u201cworst offender\u201d countries \u2014 including China (54% total), Vietnam (46%), South Africa (30%), and Japan (24%).<\/p>\n<p>The announcement caused major financial market turmoil: the Dow fell 5.5%, the S&amp;P 500 dropped 6%, and the Nasdaq entered bear market territory. Fears of a recession grew due to rising costs for businesses and consumers.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" class=\"wp-image-11189\" src=\"https:\/\/currentnews-foryou.com\/wp-content\/uploads\/2025\/04\/image-97.png\" alt=\"\" \/><\/figure>\n<p><strong>Former President Barack Obama responded during a talk at Hamilton College<\/strong>, saying he strongly disagreed with Trump\u2019s economic policy and warned it wouldn\u2019t benefit America. He also criticized the administration\u2019s broader actions, including threats to universities and law firms, and pointedly asked:<br \/>\n<strong>\u201cImagine if I had done any of this?\u201d<\/strong><\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" class=\"wp-image-11188\" src=\"https:\/\/currentnews-foryou.com\/wp-content\/uploads\/2025\/04\/image-96.png\" alt=\"\" \/><\/figure>\n<p>Senate Minority Leader Chuck Schumer echoed Obama\u2019s concerns, saying the erratic policy was worrying the business community. In response,\u00a0<strong>China announced its own 34% retaliatory tariffs<\/strong>, calling the U.S. measures \u201cunilateral bullying.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On April 2, 2025, Donald Trump, now president again, announced sweeping tariffs, calling it \u201cLiberation Day.\u201d\u00a0A universal 10% tariff was imposed on all imports, with even higher&#8230; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-9848","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Obama speaks out with blunt 8-word message following Trump\u2019s controversial tariffs - AmericanNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shareinfo24.com\/?p=9848\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Obama speaks out with blunt 8-word message following Trump\u2019s controversial tariffs - 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