CNA Explains: Trump's tariffs and what they mean for Asia
- President Trump announced new tariffs on imported goods on April 2, 2025.
- Trump's executive order addressed trade deficits and structural asymmetries.
- A base tariff of 10% impacts all imports, with higher rates for some nations.
- Trump stated, "It's our declaration of economic independence," upon announcing tariffs.
- Retaliation is expected, potentially escalating trade wars and impacting economies.
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Coverage Details
Total News Sources6
Leaning Left0Leaning Right1Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
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