President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’
Donald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upending decades of US trade policy and threatening to unleash a global trade war on what he has called “liberation day”.
Trump said he will impose a 10% universal tariff on all imported foreign goods in addition to “reciprocal tariffs” on a few dozen countries, charging additional duties onto countries that Trump claims have “cheated” America.
About Author
More Stories
Nvidia’s CEO makes surprise visit to Beijing after US restricts chip sales to China
Move over, Med diet – plantains and cassava can be as healthy as tomatoes and olive oil, say researchers
US unveils new port fees on Beijing-linked vessels to ‘reverse Chinese dominance’