Trump, tariffs
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The trade war President Donald Trump promised has begun, threatening the world economy and straining the United States’ longstanding alliances in Europe and Asia.
From Associated Press News
President Trump unveiled new tariffs on imports to the US which will form a central part of his government's new trade policy.
From BBC
World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries.
From Reuters
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White House, Tariffs
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the supposedly reciprocal tariffs, which are supposed to combat arbitrary foreign barriers to U.S. goods, are themselves based on an arbitrary formula.
From HuffPost
President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war t...
From Reuters
Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to...
From Reuters
Read more on News Digest
Trump administration officials on Thursday defended President Trump's sweeping worldwide tariffs, but they could hamstring GOP in midterms.
Do not retaliate. Sit back, take it in, let’s see how it goes,” U.S. Treasury Secretary Scott Bessent said in an appearance on Fox News Wednesday evening. “Because if you retaliate, there will be escalation.
But many economists say the trade imbalances that Trump is looking to correct are based on more than countries just using high tariffs or protectionist trade practices to boost their own exports. Basing the White House’s tariff math solely on trade deficits, for instance, fails to take into account U.S. consumer demand.
Trump has for weeks trumpeted April 2 as a "Liberation Day" that will see dramatic new duties that could upend the global trade system, with a White House Rose Garden announcement scheduled for 4 p.m.
The White House on Thursday defended its decision to not include Russia, North Korea, Cuba or Belarus in the latest round of tariffs, which targeted dozens of global trading partners that were
Trump unveiled the new tariffs in a ceremony at the White House’s Rose Garden on Wednesday for a "Make America Wealthy Again" event.