Sat Aug 02 18:20:03 UTC 2025: Okay, here’s a news article summarizing the provided text:
**Headline: Trump’s New Tariffs Trigger Global Shockwave, Economic Uncertainty**
**Washington, D.C.** – A new wave of tariffs imposed by the United States, under the direction of President Donald Trump, has sent shockwaves through the global economy, leaving more than 60 nations scrambling to assess the impact. The tariffs, some reaching as high as 50%, have sparked confusion and financial volatility around the world.
The US itself is feeling the effects, with the stock market taking a hit and a recent jobs report revealing slower-than-expected economic growth. In response, President Trump reportedly fired the head of the US Labour Statistics agency, accusing her of manipulating economic data.
Experts are now debating the potential long-term consequences of these tariffs. Harry Broadman, an economist at the RAND Corporation and former US trade official, alongside Seijiro Takeshita, a professor of management at the University of Shizuoka in Japan, and Steve Hanke, a Professor at Johns Hopkins University, and former senior economist on President Ronald Reagan’s Council of Economic Advisers, are among those weighing in on whether this controversial foreign policy tool will ultimately backfire on the United States. The long-term effects of Trump’s tariff actions are still yet to be determined.
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