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      in UK Politics

      Trump tariffs live: Jaguar Land Rover pauses shipments to US as 10% tariff kicks in for UK

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      Trump ally likens BBC host to a ‘kindergartener’ over tariffs before threatening to end interviewJaguar Land Rover will pause shipments of its Britain-made cars to the US for a month in light of president Donald Trump’s tariffs on the UK car industry. The British carmaker said it was suspending shipments while it considers how to mitigate the cost of Mr Trump’s 25 per cent tariff on UK cars. Mr Trump has said the impact of his tariffs plan “won’t be easy” and called for Americans to “hang tough” after a 10 per cent tariff took effect on Saturday. The initial 10 per cent “baseline” tariff, which the UK is subject to, took effect at US seaports, airports and customs warehouses at 12.01am ET (0401 GMT), with higher levies on goods from 57 larger trading partners due to start next week. The UK’s key FTSE-100 stock market suffered its worst one-day drop since the start of the Covid-19 pandemic on Friday, ending a week of havoc on global markets prompted by Mr Trump’s new tariffs war.Sir Keir Starmer will be holding talks with global leaders this weekend as countries consider how to respond.Pictured: Trump goes golfing as world reels from tariffsUS president Donald Trump has gone golfing for the third day in a row as the world reels from his tariffs on global imports.Mr Trump was seen reading a tabloid article with the headline “World War Fee,” and “China: Yeah?” as he arrived at Trump National Golf Club in Jupiter, Florida.Around the same time, Mr Trump posted to his Truth Social platform claiming China would come off worse in the trade war.“China has been hit much harder than the USA, not even close,” he said. “They, and many other nations, have treated us unsustainably badly.“This is an economic revolution, and we will win. Hang tough.” Mr Trump slapped a combined tariff of 54 per cent on Chinese goods earlier this week. Beijing responded by imposing a 34 per cent tariff on US exports to China.Trump reads a tabloid article about China’s response to US tariffs More

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      in US Politics

      Trump’s ‘Liberation Day’ could mean recession in the US and pain worldwide | Steven Greenhouse

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      With the huge and painful tariffs that Donald Trump announced on Thursday, “Tariff Man” is acting like a paranoid 12-year-old bully who is convinced that everyone has wronged him, and he wants revenge. But the president’s instrument of revenge – massive tariffs – is going to do serious damage to the US and global economies. Stock market investors are convinced that’s the case, with Wall Street and world stock markets losing trillions of dollars in value in recent days as a result of Trump’s obsession.The president has escalated his risky, vengeful trade war even though the US economy was in strong shape when he took office – the jobless rate was just 4.1%, inflation was below 3% and US economic growth was the strongest in the industrial world, with its stock market at record levels. So it’s unclear whether the US economy needed the shock treatment that Trump is inflicting. The price increases resulting from his tariffs – which are a tax on imports – will cost the average American family $3,800 a year, according to the Budget Lab at Yale.Trump is right that the number of manufacturing jobs is down substantially from decades ago, and he is intent on getting that number back up. But he’s taking a very high-stakes bet that he can significantly increase the number of factory jobs, even as many economists say the horses have left that barn, and it is too late or will be too painful to do much about it. In 1979, the US had a record 19.5m factory jobs. That number fell to 17m in 2001 and to 12.7m today (having risen by 600,000 during Joe Biden’s presidency).Trump’s new tariffs result from a combination of impulsiveness, impetuousness and ignorance, although some economists say that idiocy and economic illiteracy also play a big part. Paul Krugman says that Trump’s tariffs reflect the “whims of a mad king”, adding that the administration’s case for tariffs is “completely incoherent”, as it insists that the tariffs won’t raise prices but will still raise hundreds of billions of dollars in revenue.The tariffs that Trump announced on Thursday are staggering – 50% on tiny Lesotho, 49% on Cambodia, 46% on Vietnam, 34% on China, 32% on Taiwan, 24% on Japan and 20% on European Union countries. These percentages were arrived at not by careful, probing analysis that took months, but by some slapdash, Keystone Kops math.It would be generous to say it’s the one-eyed leading the blind. Rather, it’s an economically blind, impetuous president leading a mum, intimidated Republican-controlled Congress. One of the tragedies here is that many congressional Republicans see the grievous damage Trump is doing, but they’re too craven to speak out and risk Trump’s and Elon Musk’s social media wrath.Mark Zandi, the chief economist at Moody’s Analytics, is predicting disaster. He says that as a result of Trump’s tariffs a recession “will hit imminently and extend until next year”. Zandi says that economic growth could fall by 2 percentage points, while the jobless rate could leap to a very painful 7.5%. On Friday, the Federal Reserve chair, Jerome Powell, also sounded the alarm, saying that Trump’s tariffs could cause even slower economic growth and higher inflation than originally expected.With Trump’s 50% tariff rate on Lesotho, 46% on Vietnam and 37% on Bangladesh, those countries – with their export-dependent apparel industries – will suffer terribly. There will be huge layoffs and no doubt an increase in hunger and immiseration – just as Trump-Musk’s tremendous foreign aid cuts at USAID have already resulted in increased hunger and deaths. And one has to wonder: by pummeling poor, apparel-producing countries such as Lesotho, Cambodia, Vietnam and Bangladesh, what is Trump trying to achieve? Does he want to bring back to the US low-paying, garment-industry jobs making jeans and sneakers?Carefully crafted tariffs can be helpful. They can be used to help build important industries or prevent the wholesale destruction of industries due to other countries’ bad behavior, like China’s improperly subsidizing its industries or dumping goods on the world market far below the cost of production. Unfortunately, Trump’s so-called “liberation day” tariffs are not a scalpel designed to help specific industries, but rather a blunderbuss mess, hitting everyone and everything, including US consumers and industries. Let’s not forget that the tariffs will raise costs at many US manufacturers and make them less competitive by, for instance, greatly increasing the price of imported steel and auto parts.The tariffs that Trump is imposing are even greater than the infamous Smoot-Hawley tariffs, which are widely seen as having worsened the Great Depression. Krugman noted that Trump’s tariffs could also do serious damage because “imports as a share of the [US] economy are three times what they were in the 1920s”.Even if Trump’s tariffs were to do what he hopes – create another million or two factory jobs – the cost would be immense. A recession. Millions of families hurt by higher prices. Trillions and trillions in lost stock market value. Far worse relations with our close allies and other countries. Opening the door to Trump’s adversary, China, significantly improving its trade and economic relations with other countries. Plus, a severe economic shock to many poorer nations.And it’s not at all certain that Trump’s tariffs will create a million or more manufacturing jobs: US economic growth and jobs will be hurt by a possible tariff-induced recession, trade retaliation from other countries, a long-term loss of markets as traditional trading partners turn away from the US, and a possible long-term decline in US industrial competitiveness as tariff protections enable inefficient companies to succeed.skip past newsletter promotionafter newsletter promotionTrump’s big hope is that corporations will build new factories and create more factory jobs in the US, but corporate executives won’t do that unless they’re convinced that there’s economic stability and predictability. They’re not blind to how capricious and unpredictable Trump is, and they know that he loves to play master dealmaker and win concessions from other countries and then immediately slash their tariffs. Trump’s team says these tariffs will be here for the long haul, but can corporate CEOs count on those claims when they’re deciding to spend $400m on a new factory?In announcing his huge new tariffs last Thursday, Trump proclaimed: “April 2, 2025 will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day that we began to make America wealthy again.” As usual, Trump failed to note some extremely important things.Although he won’t admit it, the US is already very wealthy. If he were truly serious about fixing the economy and making it fairer, he wouldn’t be rushing to give massive tax cuts to the ultra-rich and sparking fears of vast cuts Medicaid and food stamps that struggling American families rely on.What Trump and his team will never admit is that 2 April 2025 may for ever be remembered as the day the US economy took a grievous, Trump-induced tumble toward recession and higher prices. And not that Trump cares, but 2 April 2025 may also be remembered overseas for creating tremendous pain for struggling workers from Bangladesh to Lesotho to Honduras.

      Steven Greenhouse is a journalist and author focusing on labor and the workplace, as well as economic and legal issues More

    • 150 Shares119 Views

      in US Politics

      Trump extends deadline for TikTok sale to non-Chinese buyer to avoid ban

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      Donald Trump said he will sign an executive order to extend the TikTok ban deadline. This is the second time the president will have delayed the ban or sale of the social media app, and will punt the deadline to 75 days from now.The TikTok deal “requires more work to ensure all necessary approvals are signed”, Trump announced on his Truth Social platform on Friday.ByteDance, TikTok’s parent company, issued a statement in response to the executive order: “ByteDance has been in discussion with the U.S. Government regarding a potential solution for TikTok U.S. An agreement has not been executed. There are key matters to be resolved. Any agreement will be subject to approval under Chinese law.”Congress passed a law last year forcing TikTok to either divest or sell its assets in the US. The law stemmed from concerns that the app’s Chinese owner, ByteDance, could use the social media platform to manipulate Americans. The first deadline to ban or force the sale of the app was 19 January. But, on his first day in office, Trump signed an executive order to delay that decision to 5 April. Now the new deadline will be in mid-June.Earlier this week, the president met with potential buyers for TikTok and said his administration is “very close” to a deal. Among those who’ve reportedly thrown in bids are a consortium of investors led by the software giant Oracle, asset manager Blackstone, Amazon, Walmart, billionaire Frank McCourt, a crypto foundation, and the founder of the adult website OnlyFans.TikTok is a tremendously popular social media app with 170 million users in the US. Investors and corporations see huge appeal with owning the app and its secretive algorithm.ByteDance has said it has no plans to sell TikTok and in previous court filings said a divestiture “is simply not possible: not commercially, not technologically, not legally”.After announcing sweeping tariffs on dozens of countries, Trump hinted on Thursday aboard Air Force One that he might lessen the trade penalties on China if ByteDance were to approve a sale. The country faces a 54% tariff on goods imported to the US. “We have a situation with TikTok where China will probably say we’ll approve a deal, but will you do something on the tariffs. The tariffs give us great power to negotiate,” he said.In his Truth Social post Friday, Trump reiterated that sentiment, saying: “We hope to continue working in Good Faith with China, who I understand are not very happy about our Reciprocal Tariffs (Necessary for Fair and Balanced Trade between China and the U.S.A.!).skip past newsletter promotionafter newsletter promotion“We do not want TikTok to ‘go dark,’” he continued. “We look forward to working with TikTok and China to close the Deal. Thank you for your attention to this matter!” More

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      in UK Politics

      Global trade war intensifies and shares tumble as China hits back at Trump tariffs

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      Share prices tumbled around the world on Friday – with Britain’s FTSE 100 suffering its worst drop since the start of the Covid-19 pandemic – as the global trade war intensified with China’s retaliatory imposition of a 34 per cent tariff on imports of all US products.Trillions of dollars have been wiped from the markets since Donald Trump announced a range of import taxes on goods from other countries. British exports to the US face a blanket 10 per cent levy. Sir Keir Starmer is due to hold talks with world leaders over the weekend, as nations reel from the economic hit and decide whether to reciprocate with tariffs on Washington. The prime minister was yesterday urged not to retaliate by his predecessor Sir Tony Blair, who said that such a move would not be in the UK’s “best interests”.Economists warn that escalating the situation could generate a spike in inflation and weaken growth, even triggering recession.The collapse in share values creates a big dent in many British pension funds, and there are fears that China will respond to the US tariffs by flooding other countries with cheap exports, further harming British firms. Wall Street saw a second day of bruising losses on Friday, while London’s top stock market fell 4.95 per cent to a five-year low – its biggest single-day decline since March 2020.Downing Street rejected Mr Trump’s claim that the British government is “happy” about the 10 per cent rate, which is half of the 20 per cent levy being imposed on European Union members, and much lower than the rate imposed on many other nations.Aboard Air Force One, Trump told reporters he had had a “very good dialogue” with Sir Keir, adding: “I think he was very happy about how we treated them with tariffs.”But a spokesperson for No 10 was clear, saying “We are disappointed” – and added: “We’ll be engaging with international leaders over the weekend… It is a changing, shifting global economic landscape.”Analysts for AJ Bell estimate that about £3.8 trillion has been wiped off the value of the global stock market since Mr Trump’s announcement, which he billed as “Liberation Day” for the US economy.“It caps off a horrible week for financial markets and dragged share prices even lower,” said Dan Coatsworth, an investment analyst at AJ Bell. “It’s also bad for the world in general, as we now have a repeat of the heightened geopolitical tensions between the US and China that dominated Trump’s first term.” Mr Coatsworth added that the president’s “tactics have caused shockwaves in every corner of the world”.As well as share prices, the value of the US dollar and even gold fell on Friday.US Federal Reserve chair Jerome Powell described the tariffs, along with their likely economic and inflationary impacts, as “significantly larger than expected” and said they were “highly likely” to lead to “at least a temporary rise in inflation” in the US.In the stand-off between the US and China, Beijing imposed reciprocal tariffs and announced controls on exports of medium and heavy rare-earths, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium, to the US.In Japan, prime minister Shigeru Ishiba said Mr Trump’s tariffs had created a “national crisis” as a plunge in banking shares set Tokyo’s stock market on course for its worst week in years.Investment bank JPMorgan said it now believes there is a 60 per cent chance of the global economy entering recession by the end of the year, up from 40 per cent previously.EU trade commissioner Maros Sefcovic said he would speak to his US counterparts before responding.“The EU will respond in a calm, carefully phased, and above all, unified way, as we calibrate our response,” he said on social media. “We will not shoot from the hip.”The prime minister has said he is reluctant to make a quick decision on tariffs.In the House of Commons this week, Liberal Democrat leader Sir Ed Davey urged the prime minister to team up with European and Commonwealth countries to “stand against Trump’s tariffs and for free trade”.Sir Keir replied: “I really do think it is not sensible to say the first response should be to jump into a trade war with the US.” More

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      in US Politics

      Trump insists he won’t back down from global trade war as markets slump

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      Donald Trump doubled down on his decision to launch a global trade war, declaring that he would “never” back off from sweeping tariffs on US trading partners.The US president’s announced action sent shock waves around the world this week, prompting fierce threats of retaliation and sharp sell-offs in stock markets.In an all-caps message on his Truth Social social media platform, Trump sought to convey his defiance in the wake of news that Beijing is preparing to hit back with 34% tariffs of its own.“TO THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY, MY POLICIES WILL NEVER CHANGE,” he claimed. “THIS IS A GREAT TIME TO GET RICH, RICHER THAN EVER BEFORE!!!”Within hours, however, the president was indicating that he might be prepared to change course. “Just had a very productive call with To Lam, General Secretary of the Communist Party of Vietnam, who told me that Vietnam wants to cut their Tariffs down to ZERO if they are able to make an agreement with the U.S.,” Trump wrote on Truth Social, adding that he looked forward to a meeting “in the near future”.The comments came as markets tumbled for the second straight day after Trump’s move to bring in tariffs on scores of countries. He claims the policy – a blanket 10% tariff from Saturday, with higher rates for specific markets from next week – will bring US manufacturing jobs back to the US and raise trillions of dollars for the federal government. Many economists have cautioned it will trigger economic chaos, and likely raise prices.The International Monetary Fund (IMF) has warned that the move may well knock the global economy. Kristalina Georgieva, its managing director, , said: “We are still assessing the macroeconomic implications of the announced tariff measures, but they clearly represent a significant risk to the global outlook at a time of sluggish growth.”Shortly before Wall Street opened on Friday, Trump claimed China had “panicked” by announcing new retaliatory tariffs on US imports. “CHINA PLAYED IT WRONG, THEY PANICKED – THE ONE THING THEY CANNOT AFFORD TO DO!” he wrote on Truth Social.China’s industry associations have unanimously condemned the tariffs. The country’s National Textile and Apparel Council said it “supported the government’s forceful measures” and that the US had “damaged the resilience of the global textile industry’s supply chain”.The S&P 500 fell 4.4% in early trading, exacerbating a decline that began in February. The index, which tracks 500 of the leading US companies, is now down almost 14% from its peak.Shares in the US bank sector had fallen nearly 6% on Friday, reflecting fears that the trade war could trigger a recession. It could also be an indicator that investors are expecting faster interest rate cuts by the US Federal Reserve, in order to instigate growth.Crude oil prices also plunged by 8% on Friday, heading for their lowest point since the middle of the pandemic in 2021.Trump personally selected the controversial formula for determining what tariffs would be imposed on specific countries from a menu of options, according to the Washington Post.skip past newsletter promotionafter newsletter promotionThe chosen formula was based on two simple variables: the trade deficit with each country and the total value of its US exports.Several Trump aides had apparently been working on crafting country-specific tariffs for weeks, taking into account a broad range of tariff & non-tariff barriers. Sources told the Post that more sophisticated approaches had been developed.Trump reportedly didn’t decide on the final plan until around 1pm Wednesday – less than three hours ahead of his Rose Garden address announcing the tariffs. It is unclear who authored the formula Trump ultimately picked.The US secretary of state, Marco Rubio, told reporters that the markets “will adjust” to the sweeping tariffs imposed by Trump. “The markets are reacting to a dramatic change in the global order in terms of trade … As long as they know what the rules are going to be moving forward … the markets will adjust.”Many Democrats have expressed frustration with the early impacts of the tariffs on the US economy. JB Pritzker, the governor of Illinois, wrote on X: “The biggest tax hike in American history. Donald Trump’s tariffs are throwing the economy into the tank.”California senator Alex Padilla wrote: “I’m not enraged by the stock market crashing because I’m sympathetic towards traders on Wall Street. I’m mad because this hurts the pensions and retirement savings of so many Americans. And Trump couldn’t care less.” More

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      in US Politics

      The Guardian view on Donald Trump’s tariff ultimatum: tribute for access to America’s empire | Editorial

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      When Donald Trump stood before union auto workers in the Rose Garden he declared “Liberation Day”, promising to stand up for Main Street. Whether that pledge will be fulfilled is moot. He will declare victory either way. What the US president offered was not just an economic programme, but an imperial one.Mr Trump’s logic, if it exists, lies in the 397-page report on “foreign trade barriers” he brandished on Wednesday. Its message is brutally simple: you may sell your goods to Walmart shoppers, but only if you let US cloud services hoover up your data, US media flood your screens and US tech monopolies operate on their terms – not yours. TikTok is the test case for Trump’s platform nationalism: only US firms may mine data, reap profits and rule the digital empire.A one-week ultimatum and a fabricated national emergency lay bare the theatrics driving Mr Trump’s agenda. The US president’s proposed tariffs and economic nationalism are not about correcting trade imbalances; they are about coercing others into accepting American economic dominance – without requiring the US to sacrifice its domestic advantage.The US continues to run goods deficits not because it “borrows” from abroad, but because the rest of the world willingly exchanges real goods for dollars it cannot issue. Mr Trump demands tribute for that privilege: control over digital infrastructure, forced access for hi-tech rentiers and suppression of rival technologies. The realpolitik is that you can sell to American consumers – but only if you buy into American rules, platforms and financial dependencies. Though Mr Trump’s foreign policy is transactional, its domestic effect will probably be transformative – and not in a good way. Tariffs raise prices for everyone, especially the poor, while shielding local producers from competition. Meanwhile, as Mr Trump made clear, the revenues are earmarked not for public investment or industrial policy, but for tax cuts that benefit the wealthy. In this regime, tariffs redistribute upward: the poor pay more, so billionaires pay less.This is not so much anti-globalist as post-globalist. It seeks not withdrawal from the world, but a world that submits to new terms. The US empire still earns – but now demands more and spends less. Foreign aid is slashed and multilateral rules are replaced by bilateral bargains struck at speed. If allies want to trade, they must also license Google Cloud services, buy Boeing jets and resist Chinese influence. Trade, technology and security are bundled into a single, rent-seeking foreign policy.Markets, however, are less convinced – and their continued crashing reflects not just recession fears, but a dawning recognition that this model is not a one-quarter adjustment. It is a paradigm shift. The pain, even Mr Trump concedes, may be real. But for him, pain is purgative. It disciplines labour, justifies austerity and remakes the economy in the image of the deal.China’s retaliatory tariffs raise the prospect of a dangerous trade war. But Beijing is signalling that if it can’t win in the US-led system, it will build its own. For other major economies, including the UK, the task is not to replicate American leverage, but to reduce dependence on it – by deepening regional integration, investing in technological autonomy and limiting exposure to US-controlled chokepoints in finance, tech and defence. Resistance may provoke retaliation, but submission ensures subordination. In the long run, strategic cooperation – not bilateral concession – is the only durable answer to tariff imperialism. More

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      in UK Politics

      Trump tariffs live: China hits US with huge 34% tariff after FTSE drops in market meltdown

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      Trump ally likens BBC host to a ‘kindergartener’ over tariffs before threatening to end interviewChina has announced it will impose a 34 per cent tariff on imports of all US products, starting next Thursday, matching the “Liberation Day” levy imposed by Donald Trump.Beijing’s commerce ministry also said it would impose more export controls on rare earth materials used in high-tech products such as computer chips and electric vehicle batteries.Britain’s FTSE 100 index fell 3.9 per cent to hit its lowest level since December on Friday, as Mr Trump’s new trade tariffs caused another day of intense turbulence on the global markets.Asia-Pacific markets opened in the red for a second day after S&P 500 companies lost a combined $2.4trn in stock market value overnight – the US index’s biggest one-day loss since the Covid pandemic in March 2020. After hitting an all-time high last month, the FTSE also fell for a second day in Friday morning trading, with Germany’s DAX index also tumbling 5 per cent and the Euronext 100 down 4.8 per cent.Mr Trump claimed to reporters on Thursday that “the markets are going to boom”, and insisted that Sir Keir Starmer was “very happy” with Washington’s new 10 per cent tariff on UK goods.Canada unemployment rises for first time since 2022Canada’s total employment fell and the unemployment rate rose in March, new official data showed, as the uncertainty around US tariffs and their subsequent implementation forced companies to pause hiring and spurred some layoffs. The country shed a net 32,600 jobs last month, in what marks the first decrease in more than three years. This was driven by a steep decline in full-time work, Statistics Canada said. The employment decline followed largely flat job growth in February and a robust gain of 211,000 new jobs from November to January. The unemployment rate rose to 6.7 per cent in March from 6.6 per cent a month earlier.“The wheels may be starting to fall off the Canadian labor market,” Andrew Grantham, senior economist at CIBC Capital Markets, wrote in a report. Analysts polled by Reuters had forecast a net job gain of 10,000 people and had estimated the unemployment rate to rise to 6.7 per cent.Andy Gregory4 April 2025 15:49US labour market shows resilience prior to Trump’s tariff announcementThe US economy added far more jobs than expected in March, prior to Donald Trump’s tariffs – which is likely to test the American labour market’s resilience in the months ahead.The US Labour Department’s closely watched employment report on Friday showed nonfarm payrolls – which excludes those in agriculture, private households, and not-for-profits – increased by 228,000 jobs last month, after a downwardly revised 117,000 rise in February.Economists polled by Reuters had forecast payrolls advancing by 135,000 jobs after a previously reported 151,000 rise in February. Estimates ranged from 50,000 to 185,000. Part of the rise in payrolls was a rebound after freezing temperatures curbed activity in January and February.“This is a drop of good news in a sea of uncertainty, a footnote given the barrage of activities this week,” said Olu Sonola, head of US economic research at Fitch Ratings. “However, this is looking in the rear-view mirror, next month’s jobs report will be more consequential.”Andy Gregory4 April 2025 15:35‘Like an operation performed without anaesthesia’Donald Trump has said Americans may feel “some pain” because of tariffs, but he has also said the long-term goals – including getting more manufacturing jobs back to the United States – are worth it. On Thursday, he likened the situation to a medical operation, where the US economy is the patient.“For investors looking at their portfolios, it could have felt like an operation performed without anaesthesia,” Brian Jacobsen, chief economist at Annex Wealth Management, told Reuters.But Jacobsen also said the next surprise for investors could be how quickly tariffs get negotiated down. “The speed of recovery will depend on how, and how quickly, officials negotiate,” he said.Andy Gregory4 April 2025 15:15Nasdaq enters ‘bear market’ territoryAfter opening 3 per cent lower today, the tech-heavy Nasdaq has dropped more than 20 per cent from its all-time closing high touched in December – putting it on course to confirm a bear market. Andy Gregory4 April 2025 14:48Trump says China ‘played it wrong’ in retaliation against US tariffsDonald Trump has claimed that China “played it wrong” after Beijing retaliated against new US tariffs, unveiling countermeasures that included additional duties of 34 per cent on all US goods. “China played it wrong, they panicked – the one thing they cannot afford to do!” Mr Trump wrote in all caps in post on his social media platform.Earlier, the US president wrote, also in all caps: “To the many investors coming into the United States and investing massive amounts of money, my policies will never change. This is a great time to get rich, richer than ever before!!!”US President Donald Trump signed an executive order giving TikTok an extension until April 5 (Niall Carson/PA) More