Trump needs to make a trade deal FAST to calm the markets and prove his tariffs are working

New York Post - Apr 21st, 2025
Open on New York Post

President Donald Trump aims to mitigate the market turmoil caused by his extensive tariffs by securing trade deals with other nations. Monday saw a steep decline in markets amid recession and inflation fears, exacerbated by the tariffs. Trump's trade war with China risks escalating into a cold war as China threatens retaliation against countries that collaborate with the U.S. to limit or scrap tariffs. However, progress is being made; the U.S. and India announced 'significant progress' towards a Bilateral Trade Agreement, aiming to boost job creation and enhance bilateral trade. Trump is also engaging in talks with Japan, with 15 countries proposing deals and 75 expressing interest.

The successful conclusion of these deals could stabilize the U.S. economy, appease Wall Street, and reduce business anxieties. The potential benefits of free and fair trade extend globally, promising an end to escalating tensions and uncertainty. However, delays could cause further economic damage. Trump's ability to finalize these deals quickly is crucial to proving his economic strategy effective and restoring stability. The urgency underscores the stakes involved, with much riding on the outcome of these negotiations.

Story submitted by Fairstory

RATING

5.0
Moderately Fair
Read with skepticism

The article provides a timely discussion on the impact of tariffs and trade negotiations, topics that are highly relevant in today's economic landscape. It presents a clear and accessible narrative, focusing on the potential validation of President Trump's tariff strategy through successful trade deals. However, the article lacks balance, as it predominantly supports one perspective without adequately exploring opposing views or providing detailed evidence for its claims. The absence of cited sources and expert opinions weakens the credibility and transparency of the information presented. While the article has the potential to influence public opinion, its impact is limited by the lack of comprehensive analysis and diverse perspectives. Overall, the article would benefit from more robust verification of claims and a more balanced representation of viewpoints to enhance its quality and reliability.

RATING DETAILS

6
Accuracy

The story makes several factual claims about the impact of tariffs and the status of trade negotiations. It accurately notes the existence of hefty tariffs imposed by President Trump, which aligns with data indicating significant tariff increases. However, the article attributes market turmoil directly to these tariffs without providing specific evidence or data to support this causation. Additionally, while it mentions progress in US-India trade discussions, it lacks detailed evidence of any concrete agreements being finalized. The claim about China's retaliatory threats is not substantiated with direct evidence. Overall, while some statements are factually grounded, others require more robust verification and evidence.

5
Balance

The article predominantly presents a perspective that supports President Trump's tariff strategy, suggesting that securing trade deals will validate his approach. It lacks a balanced view by not sufficiently addressing the potential negative impacts of tariffs on the global economy or the perspectives of countries adversely affected by these policies. There is a noticeable absence of quotes or insights from economic experts who might offer a counter-narrative or critique of the tariff strategy. This lack of balance may lead readers to a one-sided understanding of the issue.

7
Clarity

The article is generally clear in its language and structure, making it accessible to a broad audience. It presents its main points in a straightforward manner, with a logical flow from discussing tariffs to trade negotiations. However, the lack of supporting evidence and detail in some claims might lead to confusion or misinterpretation. While the tone remains neutral, the clarity of the article would benefit from more detailed explanations and substantiation of its key points.

4
Source quality

The article does not reference any specific sources or expert opinions to substantiate its claims. The reliance on vague assertions, such as the market's reaction to tariffs or the progress in trade negotiations, without citing authoritative sources weakens its credibility. The absence of direct quotes, data, or references to official statements or economic analyses diminishes the reliability of the information presented. For an article addressing complex economic policies, the inclusion of expert analysis or data from credible economic institutions would enhance its authority.

3
Transparency

The article lacks transparency in its reporting, as it does not disclose the basis for its claims or the methodology behind its assertions. There is no explanation of how conclusions about market reactions or trade negotiation progress were reached. Additionally, the article does not clarify any potential biases or conflicts of interest that might influence its perspective. Providing more context about the sources of information and the reasoning behind the article's conclusions would improve transparency and help readers assess the validity of the arguments presented.

Sources

  1. https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/
  2. https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/
  3. https://www.tradecomplianceresourcehub.com/2025/04/18/trump-2-0-tariff-tracker/
  4. https://www.wilmerhale.com/en/insights/client-alerts/20250417-president-trump-announces-then-suspends-reciprocal-tariffs-defers-tariffs-on-certain-electronics-and-increases-tariffs-on-china
  5. https://budgetlab.yale.edu/research/where-we-stand-fiscal-economic-and-distributional-effects-all-us-tariffs-enacted-2025-through-april