US President Donald Trump urged Americans to “hang tough” as his 10% universal tariffs went into effect, while also golfing for the second consecutive day. The tariffs were imposed in response to China’s recent trade actions and aim to boost US manufacturing.
The move has sparked a global trade war, with China imposing reciprocal tariffs of up to 54% on US imports. Trump claims the tariffs will bring back jobs and businesses to the US, but critics argue they will increase prices for consumers.
On Saturday, Trump tweeted: “THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN.” The Dow Jones industrial average plummeted 9.2% in response to the news, while the S&P 500 fell 10.5%.
Source: https://eu.usatoday.com/story/news/politics/2025/04/05/trump-tells-americans-hang-tough-universal-tariffs-begin/82953727007