Sweeping Trump tariffs draw dismay, calls for talks from countries around the globe
- President Trump announced a new tariff plan on April 2, 2025, calling it "Liberation Day.
- Trump stated the tariffs would reshape U.S. Trade and revive American manufacturing.
- The plan includes a 10% tariff on nearly all imports and steeper rates for trade partners.
- Tariffs include 34% on Chinese goods, 20% on EU goods, and 25% on foreign cars, effective April 9.
- Economists worry the tariffs risk undermining confidence and could lower the 2025 GDP forecast to 1.7%.
115 Articles
115 Articles
Trump tariffs spark condemnation as global markets suffer from shock
US President Donald Trump’s sweeping tariffs on US imports have ignited threats of retaliation globally, with governments and companies rushed to formulate countermeasures to mitigate the consequences of the US trade war.
Nations Seeking Tariff Deals With Trump Are Hobbled by 10% Minimum Rate
Donald Trump’s sweeping tariff announcement sent foreign leaders racing to cut deals with the president for lower duties on their exports to the US. The negotiating window may be smaller than they think.
World leaders react to Trump’s sweeping tariffs: ‘tumultuous times’ ahead
World leaders reacted to the sweeping tariffs President Donald Trump released this week impacting essentially every U.S. trading partner. The White House has implemented a flat 10% tariff on apparently all imports, though some nations saw drastically higher taxes slapped on their U.S. exports – including Vietnam, which was issued a 46% tariff one day after it slashed its tariffs on U.S. imports.However, no nation was handed a higher import tax t…
The internet reacts to Trump’s tariffs with dark humor: 'girl the tariffs'
President Donald Trump announced sweeping global tariffs Wednesday evening. A 10 percent tariff on nearly all imports is paired with steep tariffs on dozens of other countries, including China, Vietnam, Japan, and remote, uninhabited islands primarily home to penguins. To be clear, the costs of tariffs are primarily picked up by U.S. businesses, which can then pass on that cost to consumers. The stock market has plummeted amid serious concerns o…
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