- President Donald Trump defends his tariff policy despite China increasing tariffs on American goods to 125%.
- The Federal Reserve is prepared to intervene and stabilise financial markets if the trade war escalates.
- Trump's approval ratings have declined due to the trade war's impact on consumer sentiment and market volatility.
- Democrats are calling for an investigation into potential insider trading and market manipulation by Trump.
- China has stated it will ignore any further tariff increases by the US, calling them economically nonsensical.
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