Donald Trump triggers race to offer US concessions before tariffs hit
- President Trump imposed new tariffs on several nations on Thursday, impacting global trade flows.
- Trump announced the tariffs as reciprocal measures, aiming to shift trade imbalances.
- Tariffs ranged from 10% on Australia's Heard and McDonald Islands to 49% on Cambodia.
- Acting President Han Duck-soo stated, "the global tariff war has become a reality," and urged negotiations.
- Nations expressed dismay, some promising countermeasures, others seeking negotiations to minimize damage.
36 Articles
36 Articles
Trump Triggers Race To Offer U.S. Trade Concessions
Donald Trump's decision to impose sweeping tariffs on US trade partners - including close security allies - has triggered a rush to find ways of placating Washington in the brief window before the radical measures take effect.
Trump's tariffs sting Asian giants, including US allies
TOKYO, Japan — Asia’s manufacturing powerhouses were desperately seeking talks with Washington on Thursday after Donald Trump announced 10 percent “reciprocal” tariffs, and even more for some longtime US allies. These include Japan, whose firms are the biggest investors into the United States but which was saddled with a 24 percent levy on its imports into
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