Not a day goes by without a new shock to Americans and our neighbors around the world from the Trump administration.

On April 22, the International Monetary Fund (IMF) downgraded its forecasts for global growth in 2025 from 3.3 percent to 2.8 percent and warned that no country will feel the pain more than the United States. Trump’s policies are expected to drag U.S. growth down from 2.7 percent to 1.8 percent.

It’s now clear to the whole world that China is the main target of Trump’s trade wars. The U.S. has slapped massive tariffs — up to 245 percent — on Chinese goods. China hit back with 125 percent tariffs of its own and refuses even to negotiate until U.S. tariffs are lifted.

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