内容摘要：was incarcerated with other Japanese Americans in internment camps during World War II.

was incarcerated with other Japanese Americans in internment camps during World War II.

A shopping cart filled with groceries sits in an aisle at an Asian grocery store in Rowland Heights, Calif., Thursday, April 3, 2025. (AP Photo/Jae C. Hong)A shopping cart filled with groceries sits in an aisle at an Asian grocery store in Rowland Heights, Calif., Thursday, April 3, 2025. (AP Photo/Jae C. Hong)

Investors turned thumbs-down on the new duties Thursday, with the S&P 500 indexat the close of trading, its worst day since the pandemic. The Dow Jones Industrial Average plunged more than 1,600 points.Still, Trump was upbeat Thursday when asked about the stock market drop.

“I think it’s going very well,” he said. “We have an operation, like when a patient gets operated on and it’s a big thing. I said this would exactly be the way it is.”The average U.S. tariff could rise to nearly 25% when the tariffs are fully implemented April 9, economists estimate, higher than in more than a century, and higher than the 1930 Smoot-Hawley tariffs that are widely blamed for worsening the Great Depression.

“The president just announced the de facto separation of the U.S. economy from the global economy,” said Mary Lovely, senior fellow at the Peterson Institute for International Economics. “The stage is set for higher prices and slower growth over the long term.”

Commerce Secretary Howard Lutnick argued the policies will help open markets overseas for U.S. exports.But the embassy also said the Chinese government had “repeatedly raised concerns with the U.S. regarding its abuse of export control measures in the computer chip sector and other related practices.”

Both countries are in a race to develop advanced technologies such as artificial intelligence, with Washington seeking to“China once again urges the U.S. to immediately correct its erroneous actions, cease discriminatory restrictions against China and jointly uphold the consensus reached at the high-level talks in Geneva,” the embassy said.

Sun Yun, director of the China program at the Washington-based think tank Stimson Center, said, “I think the Chinese are playing hard to get with the trade talks.”Lin Jian, spokesman for the Chinese foreign ministry, on Friday accused the U.S. of overstretching the concept of national security by politicizing trade issues. He called the acts by the U.S. “malicious attempts to block and suppress China.”