The Globe and Mail reports in its Saturday, April 12, edition that President Donald Trump is under pressure over his global trade war, facing warnings of economic pain from Wall Street, China and the EU due to U.S. tariffs. The Globe's Adrian Morrow writes that despite this, Mr. Trump insists on pursuing new trade deals and stated on his Truth Social platform that the U.S. is thriving under its tariff policy. Following a stock market drop, he reversed some tariffs and offered countries 90 days to negotiate new arrangements but raised tariffs on China to 145 per cent and maintained 10-per-cent tariffs on other nations, along with 25 per cent on cars, steel and aluminum imports. JPMorgan chief executive officer Jamie Dimon, head of the U.S.'s largest bank, wrote in a filing Friday that the country's "economy is facing considerable turbulence," citing tariffs, inflation and government deficits. On a call with reporters, he said that estimates for corporate earnings will likely continue to drop. "Companies, some have taken away their guidance," he said, noting analysts have already reduced earnings estimates for the S&P 500 by 5 per cent. "I think you'll see that come down some more."