DC Edit | Trump wields tariffs like a geopolitical weapon
Trending News
1 month, 3 weeks ago

DC Edit | Trump wields tariffs like a geopolitical weapon

Deccan Chronicle  

The tariff regime that Donald Trump invoked using his emergency economic powers has the potential to start a trade war which will have consequences for global trade that may be worse than the one that the Covid pandemic wrought five years ago. The US economy itself could suffer a downturn if these tariff bullets being fired from the presidential weapon spread out and drag more countries into it, but which actions will be solely dependent on Trump’s views on trade issues with the rest of the world. The trade barriers could render the global economy even worse if Trump places tariffs on energy imports too as costlier oil would mean that the inflationary risks will be higher globally with an immediate effect on the cost-of-living indices. India has thus far stayed on the safe side of the tariff fence but that could be because its trade may not be that significant for the US to take a harsh look at it. India has also lowered the customs duty on high end motorbikes like the Harley Davidson and fancy electric cars like the Tesla to less imposing levels from a punitive range greater than 100 per cent to less intimidating levels to keep on the right side of Trump.

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History of this topic

EU plans ‘term sheet’ of concessions to secure partial rollback of Trump’s tariffs
15 hours, 5 minutes ago

EU plans ‘term sheet’ of concessions to secure partial rollback of Trump’s tariffs

Firstpost  

President Trump said on Thursday that larger tariffs could be placed on the European Union and Canada if they both work together “to do economic harm to the USA.” The European Union is assessing potential concessions to offer the Trump administration in an effort to secure a partial rollback of US tariffs, which have already begun impacting the bloc’s exports …

Trump announces 25% tariffs on foreign-built vehicles
1 day, 21 hours ago

Trump announces 25% tariffs on foreign-built vehicles

The Hindu  

U.S. President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from trading partners ahead of further promised trade levies next week. Japan's Prime Minister Shigeru Ishiba said Tokyo was "considering all kinds of countermeasures", while Canada's Mark Carney branded Mr. Trump's tariffs a "direct attack" on his country's workers. But Washington's levies appeared …

Trump announces 25 percent tariffs on cars, ramping up trade war
Trending News
2 days, 7 hours ago

Trump announces 25 percent tariffs on cars, ramping up trade war

Al Jazeera  

US president’s announcement prompts swift backlash from trading partners, including the European Union, Canada and Japan United States President Donald Trump has announced a 25 percent tariff on imported cars and car parts, his latest salvo in a widening trade war that has stoked tensions with partners and allies. “This is very modest.” Calling the move “exciting”, Trump, who has …

Canadian tariffs to hit US cities in Trump-won states hardest: Report
2 days, 7 hours ago

Canadian tariffs to hit US cities in Trump-won states hardest: Report

India Today  

The US cities most vulnerable to a trade war with Canada turn out to largely be in the states that helped return Donald Trump to the White House — a sign of the possible political risk he's taking with his tariff plans. A new analysis released Thursday by the Canadian Chamber of Commerce detailed the areas most dependent on exports …

Trump threatens 'far larger tariffs' if EU, Canada unite to cause harm to US
Top News
2 days, 7 hours ago

Trump threatens 'far larger tariffs' if EU, Canada unite to cause harm to US

India Today  

US President Donald Trump said on Thursday that larger tariffs could be placed on the European Union and Canada if they both work together "to do economic harm to the USA." "If the European Union works with Canada in order to do economic harm to the USA, large-scale tariffs, far larger than currently planned, will be placed on them both …

EU trade chief heads to China as Trump's retaliatory tariff deadline nears
2 days, 16 hours ago

EU trade chief heads to China as Trump's retaliatory tariff deadline nears

Firstpost  

US President Donald Trump has taken a hard line on the EU and China, slapping tariffs on both and threatening more Gantry cranes stand near a cargo ship at Yangshan Port outside of Shanghai, China. File image/Reuters EU trade chief Maros Sefcovic is to raise concerns about China’s policies as he heads to Beijing for two days of talks on …

Trump tariffs spark Canada fury: ’Polite’ neighbour ditches all things American
2 days, 20 hours ago

Trump tariffs spark Canada fury: ’Polite’ neighbour ditches all things American

Live Mint  

In 2025, United States President Donald Trump imposed significant tariffs on Canadian goods, including a 25 per cent duty on steel and aluminium with a bulk due in early April, accusing its neighbour of “ripping off” the American land. The animosity against the United States started to brew when Donald Trump started threatening sweeping tariffs on the country, while mocking …

Trump’s tariff war forces allies to choose resistance or surrender
2 days, 23 hours ago

Trump’s tariff war forces allies to choose resistance or surrender

Live Mint  

President Trump’s trade war is forcing America’s closest allies to choose between fighting back, or acquiescing. The European Union and Canada have led the charge against Trump’s tariffs, threatening their own duties on tens of billions of dollars of American goods after the U.S. leveled blanket tariffs on steel and aluminum, and on imports in North America. She said the …

A new global economic order, if it can be built
Trending News
3 days, 7 hours ago

A new global economic order, if it can be built

China Daily  

A view of a container terminal in Lianyungang, Jiangsu province, in December. WANG CHUN/FOR CHINA DAILY Washington's punitive tariff attacks started, literally, within days of US President Donald Trump's inauguration. There are many influential people around him, Commerce Secretary Howard Lutnick for example, who truly believe in the tariff-income tax-substitution theory and are bent on going on with this "social …

A new global economic order, if it can be built
Trending News
3 days, 7 hours ago

A new global economic order, if it can be built

China Daily  

A view of a container terminal in Lianyungang, Jiangsu province, in December. WANG CHUN/FOR CHINA DAILY Washington's punitive tariff attacks started, literally, within days of US President Donald Trump's inauguration. There are many influential people around him, Commerce Secretary Howard Lutnick for example, who truly believe in the tariff-income tax-substitution theory and are bent on going on with this "social …

Trump has begun another trade war. Here’s a timeline of how we got here
3 days, 12 hours ago

Trump has begun another trade war. Here’s a timeline of how we got here

Associated Press  

NEW YORK — Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a global trade war — all while on-again, off-again new levies continue to escalate uncertainty. On his first day in office, Trump also says he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to immediately flesh out plans …

India, China could be affected as Trump plans tariffs on Venezuelan oil buyers
Top News
4 days, 6 hours ago

India, China could be affected as Trump plans tariffs on Venezuelan oil buyers

Hindustan Times  

US President Donald Trump on Monday announced steep tariffs on imports from countries buying Venezuelan oil and gas, a move that could affect major economies like China and India and add to global trade uncertainty, reported AFP. The latest 25 percent tariffs, targeting direct and indirect buyers of Venezuelan oil, could take effect as early as April 2, according to …

Emerging-Market Assets Halt Three-Day Drop on US Tariff Relief
4 days, 15 hours ago

Emerging-Market Assets Halt Three-Day Drop on US Tariff Relief

Live Mint  

Emerging-market equities and currencies snapped three days of declines on Monday as signs that President Donald Trump’s tariffs will be more targeted than anticipated boosted risk appetite across the region. Developing-world currencies, meanwhile, traded mixed, up less than 0.1% with the Mexican peso leading gains amid easing tariff pressures from the world’s largest economy. It was a “positive start of …

Trump softens stance on ‘reciprocal tariffs’ as April 2 nears, may implement tailored duties: Report
4 days, 23 hours ago

Trump softens stance on ‘reciprocal tariffs’ as April 2 nears, may implement tailored duties: Report

Firstpost  

The shift toward a narrower focus would be a departure from earlier plans to introduce a broader three-tiered tariff framework encompassing high, medium and low categories for virtually all US trading partners Donald Trump has softened his stance on tariffs to be imposed on April 2. AP President Donald Trump is set to implement his so-called reciprocal tariffs on April …

White House Narrows April 2 Tariffs
Trending News
5 days, 2 hours ago

White House Narrows April 2 Tariffs

Hindustan Times  

Cargo ships at the Port of Oakland, Calif., earlier this month. WASHINGTON—The White House is narrowing its approach to tariffs set to take effect on April 2, likely omitting a set of industry-specific tariffs while applying reciprocal levies on a targeted set of nations that account for the bulk of foreign trade with the U.S. President Trump has declared his …

Global share markets: Asian equities falter as Trump's ‘Liberation Day’ tariffs edge closer
Trending News
5 days, 2 hours ago

Global share markets: Asian equities falter as Trump's ‘Liberation Day’ tariffs edge closer

Firstpost  

Since returning to office in January, Trump has reignited tensions with key allies by reviving protectionist rhetoric and threatening a swathe of import duties, including on steel and cars– moves that have rattled financial markets from Tokyo to Frankfurt Asian markets on Monday remained mixed as investors attempted to calibrate strategies in preparation for the Trump tariffs expected to come …

Trump to impose 25-percent tariffs on countries that buy oil from Venezuela
5 days, 7 hours ago

Trump to impose 25-percent tariffs on countries that buy oil from Venezuela

Al Jazeera  

The US president also announced he would seek to launch an ‘External Revenue Agency’ on April 2 to collect tariffs. US President Donald Trump has announced that any country that purchases oil or gas from Venezuela will face a 25-percent tariff in its trade with the United States, starting on April 2. “Therefore, any Country that purchases Oil and/or Gas …

China calls on nations to open markets amid looming Trump tariffs
5 days, 12 hours ago

China calls on nations to open markets amid looming Trump tariffs

Firstpost  

Chinese Premier Li Qiang urged countries to open their markets to combat “rising instability and uncertainty” at a business forum in Beijing on Sunday, as China braces for further U.S. tariffs. Premier Li Qiang said China is prepared for “shocks that exceed expectations” as the world anticipates U.S. President Donald Trump’s announcement of additional tariffs on trading partners next month. …

‘There will be flexibility:’ Trump tones down his reciprocal tariff threat in major shift
1 week ago

‘There will be flexibility:’ Trump tones down his reciprocal tariff threat in major shift

Firstpost  

Trump, who keeps touting April 2 as America’s “liberation day”, has repeatedly lauded his reciprocal tariff plan, which would assign tariff rates to all countries matching their own respective tariffs on US goods US President Donald Trump Friday hinted that there would be “flexibility” on his reciprocal tariff plan, slated to go into effect on April 2. Trump, who keeps …

What the Centre told Rajya Sabha about Donald Trump's tariffs
1 week ago

What the Centre told Rajya Sabha about Donald Trump's tariffs

Hindustan Times  

The Narendra Modi government on Friday said that there has been no imposition of country-specific, including reciprocal tariffs by the United States on India. US President Donald Trump said he has a “very good relationship” with India, but the “only problem” he has with the country is that it is “one of the highest tariffing nations in the world.” While …

EU delays retaliatory trade action to mid-April to work out the impact of Trump’s reciprocal tariffs
Trending News
1 week, 1 day ago

EU delays retaliatory trade action to mid-April to work out the impact of Trump’s reciprocal tariffs

Associated Press  

BRUSSELS — The European Union is delaying until mid-April its retaliatory trade action over the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%, senior officials said Thursday. But U.S. President Donald Trump also plans to impose “reciprocal” tariffs by increasing U.S. duties to match the tax rates that other countries charge on imports “for purposes …

How Trump is driving Asia to diversify away from U.S.
1 week, 1 day ago

How Trump is driving Asia to diversify away from U.S.

The Hindu  

President Donald Trump's tariffs and other policies have some financiers and officials in Asia predicting the remaking of the post-World War II economic order, leading to an urgent quest to diversify away from America. In response to questions about this view, Kush Desai, a White House spokesperson, pointed to U.S. investment promises by companies like Taiwanese chipmaker TSMC and Dubai …

Nvidia chief confident chip maker can weather US tariffs
1 week, 2 days ago

Nvidia chief confident chip maker can weather US tariffs

Raw Story  

Nvidia boss Jensen Huang expressed confidence Wednesday that the artificial intelligence chip giant can handle US President Donald Trump's trade war. "We have a really agile network of suppliers; they are not just in Taiwan or Mexico or Vietnam," Huang said while meeting with journalists at Nvidia's annual developers conference in San Jose, California. Trump has threatened to slap extra …

Countries can avoid Trump's April tariffs by cutting trade barriers, Bessent says
1 week, 2 days ago

Countries can avoid Trump's April tariffs by cutting trade barriers, Bessent says

The Hindu  

The Trump administration on April 2 will give trading partner countries a proposed U.S. tariff rate based on their own rates, non-tariff trade barriers and other factors— along with an opportunity to negotiate to avoid a "tariff wall," U.S. Treasury Secretary Scott Bessent said on Tuesday. "On April 2, each country will receive a number that we believe represents their …

US trade barriers will backfire on its economy
1 week, 3 days ago

US trade barriers will backfire on its economy

China Daily  

The US government's recent decision to impose tariffs on steel and aluminum imports has ignited a firestorm of global criticism, with allies and trading partners alike voicing their concerns over the United States' increasingly unilateral and hegemonic economic policies. This latest move on steel and aluminum tariffs is nothing more than a desperate attempt to shield the US' own declining …

US trade barriers will backfire on its economy
1 week, 3 days ago

US trade barriers will backfire on its economy

China Daily  

The US government's recent decision to impose tariffs on steel and aluminum imports has ignited a firestorm of global criticism, with allies and trading partners alike voicing their concerns over the United States' increasingly unilateral and hegemonic economic policies. This latest move on steel and aluminum tariffs is nothing more than a desperate attempt to shield the US' own declining …

Slowdown imminent? Trump's trade policies threaten inflation, warns OECD
Trending News
1 week, 4 days ago

Slowdown imminent? Trump's trade policies threaten inflation, warns OECD

India Today  

Donald Trump's trade policies have put the world on a path to slower growth and higher inflation, the Organisation for Economic Co-operation and Development warns in its latest report. A 10-percentage-point increase in tariffs could shrink global economic output by 0.3 per cent by 2026. The OECD projects that if the US raises tariffs on all non-commodity imports and other …

Trump’s tariff problem: He might need a third or fourth term to reindustrialize America
1 week, 4 days ago

Trump’s tariff problem: He might need a third or fourth term to reindustrialize America

CNN  

New York CNN — President Donald Trump is on a mission to restore American manufacturing prowess by using his favorite tool: massive tariffs on foreign imports. “The higher it goes, the more likely it is they’re going to build,” Trump told leading CEOs last week at The Business Roundtable, referring to tariffs. “Since President Trump was elected, industry leaders have …

Donald Trump adamant on April 2 reciprocal tariff plan, vows ‘liberating day for US’
1 week, 5 days ago

Donald Trump adamant on April 2 reciprocal tariff plan, vows ‘liberating day for US’

Hindustan Times  

Donald Trump said on Sunday that he has no intention to create exemptions on steel and aluminium tariffs and said that reciprocal tariffs on US trade partners will be imposed on April 2 alongside sectoral tariffs. Reciprocal tariffs would mean that the Trump administration would impose tariff rates on imports into the US based a calculation incorporating tariff and non-tariff …

Trump, trade and tariffs | A time for something grand and big
1 week, 5 days ago

Trump, trade and tariffs | A time for something grand and big

India Today  

Donald Trump has been in office for just over a month, but has already sent shock waves across the realms of geopolitics and world trade. At the India Today Conclave, Lutnick participated live from Washington D.C. and took questions on a range of issues ranging from reciprocal tariffs, America’s bilateral relations with India and China, arms supply to India, the …

What other countries are taking away from Trump’s battle with Canada
1 week, 6 days ago

What other countries are taking away from Trump’s battle with Canada

Politico  

“There’s the ongoing debate that’s been consistent: Is it better to grovel and kiss the ring or is it better to stand up to the bully?” said William Reinsch, a former Commerce undersecretary now at the Center for Strategic and International Studies. So it’s hard to know in any given circumstance which one is the better tactic.” A senior European …

Tariff roulette: Trump’s zigzag trade policies rattle global markets
Trending News
1 week, 6 days ago

Tariff roulette: Trump’s zigzag trade policies rattle global markets

Firstpost  

In recent weeks, Trump has announced punishing tariffs against allies and adversaries alike, selectively paused and imposed them, doubled and then halved some, and warned late in the week that he’ll tax European wine and spirits a stratospheric 200% if the European Union doesn’t drop a 50% tariff on U.S. whiskey. “If you make him unhappy, he responds unhappy,” he …

Elon Musk’s business faces the brunt of Donald Trump’s tariff policies? Tesla and SpaceX raise concerns to USTR
1 week, 6 days ago

Elon Musk’s business faces the brunt of Donald Trump’s tariff policies? Tesla and SpaceX raise concerns to USTR

Live Mint  

Billionaire and DOGE head Elon Musk's companies, Tesla and SpaceX, have sent letters to the US Trade Representative Jamieson Greer highlighting the issues with Donald Trump's tariff policies. Tesla's issue with US tariff policy Tesla, in a letter to Greer, requested to weigh in on the impact of tariffs aimed to address “unfair trade practices.” “While Tesla recognizes and supports …

Tesla Tells Trump Administration It’s Worried About Tariff Trade Wars
2 weeks ago

Tesla Tells Trump Administration It’s Worried About Tariff Trade Wars

Huff Post  

LOADING ERROR LOADING Electric car company Tesla is asking President Donald Trump’s administration to “consider the downstream impacts” of retaliatory tariffs in Trump’s trade war with multiple countries. The March 11 letter to the U.S. Trade Representative’s Office, which is reportedly unsigned but on the company letterhead, warned that Trump’s tariffs ― including a 25% tariff on all steel and …

Trump’s tariff wall is a break with the past
2 weeks ago

Trump’s tariff wall is a break with the past

Hindustan Times  

Donald Trump’s return to the White House has ushered in a new era of American trade policy, one that represents a fundamental break from the past—including his own first term. Rather, it represents a far more ambitious effort to reshape the global economic order and America’s place in it, driven by a president significantly less deterred by consequences than last …

'Democrats have an opening': Trump tariffs could have critics 'flipping the script' on GOP
2 weeks ago

'Democrats have an opening': Trump tariffs could have critics 'flipping the script' on GOP

Raw Story  

Donald Trump's trade war gives Democrats the perfect opening to go after his economic policies if they have the stomach to pounce, argues a new article from Politico. Democratic leadership has been criticized for failing to construct a clear message on the upcoming spending bill vote, and they've been equally ambivalent on criticizing Trump's sweeping tariffs that have fomented fears …

'Adult in the room': Trump tariffs pushing allies to turn to President's historical enemy
2 weeks ago

'Adult in the room': Trump tariffs pushing allies to turn to President's historical enemy

Raw Story  

Donald Trump's tariffs could push allies to turn to China and India, according a former U.S. diplomat, and there's evidence that's already happening. Wendy Cutler, a former acting deputy U.S. trade representative, told CNBC’s “Squawk Box Asia” that disruptions and higher costs associated with Trump's tariffs have forced the European Union to look elsewhere to meet its needs. "These other …

Trump has begun another trade war. Here’s a timeline of how we got here
2 weeks, 1 day ago

Trump has begun another trade war. Here’s a timeline of how we got here

Associated Press  

NEW YORK — Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a trade war abroad — all while on-again, off-again new levies continue to escalate uncertainty. On his first day in office, Trump also says he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to immediately flesh out plans …

Trump Vows US Will Respond to Europe’s Metal Tariff Retaliation
2 weeks, 1 day ago

Trump Vows US Will Respond to Europe’s Metal Tariff Retaliation

Live Mint  

Supply Lines is a daily newsletter that tracks global trade.. President Donald Trump’s 25% tariffs on steel and aluminum imports came into force Wednesday, triggering an immediate reprisal from the European Union as the global trade war enters a new and perilous phase. Steel and aluminum levies are part of Trump’s plan to build significant barriers around the US economy, …

Market strategist calls Trump tariffs 'trade barriers' that will lead to 'stagflation'
2 weeks, 1 day ago

Market strategist calls Trump tariffs 'trade barriers' that will lead to 'stagflation'

Raw Story  

Ed Yardeni, whom CNBC calls "one of the biggest bulls on Wall Street," claimed President Donald Trump’s extensive tariffs are raising the risk of "stagflation." CNBC reported that Yardeni sent a note to clients Thursday, saying, “It has dawned on Wall Street that President Trump’s tariffs aren’t negotiating chips to help the U.S. lower tariffs around the world, promoting free …

Trump Now Threatens Massive 200% Tariff On European Alcohol As Trade War Intensifies
Trending News
2 weeks, 1 day ago

Trump Now Threatens Massive 200% Tariff On European Alcohol As Trade War Intensifies

ABP News  

In a move that marks a sharp escalation in the ongoing trade dispute between the US and the European Union, President Donald Trump has threatened to impose a 200% tariff on alcoholic beverages from EU nations in response to the latter's 50% tariff on American spirits. "The European Union, one of the most hostile and abusive taxing and tariffing authorities …

'An adversary to mobilize against': Trump's bullying seen as boon to liberal world leaders
2 weeks, 1 day ago

'An adversary to mobilize against': Trump's bullying seen as boon to liberal world leaders

Raw Story  

World leaders who are speaking out against U.S. President Donald Trump and his bullying ways are garnering massive support in their home countries, according to a new piece in "The Morning" newsletter from The New York Times. Trump's insistence on enormous punitive tariffs, his expansionist threats, and his constant insults, "have infuriated voters in Britain, Mexico, Ukraine and elsewhere," the …

U.S. President Donald Trump threatens 200% tariff on wine, champagne from France, other EU countries
2 weeks, 1 day ago

U.S. President Donald Trump threatens 200% tariff on wine, champagne from France, other EU countries

The Hindu  

U.S. President Donald Trump on Thursday threatened to impose 200% tariffs on wine, champagne and other alcoholic products from France and other European Union countries in retaliation against the bloc’s planned levies on U.S.-produced whiskey. Mr. Trump on Thursday renewed his criticism of the bloc, singling out a 50-percent levy on US whiskey as being “nasty.” Trump announces Reciprocal Tariffs …

Trump threatens EU with 200% tariffs on alcohol beverages
2 weeks, 1 day ago

Trump threatens EU with 200% tariffs on alcohol beverages

Firstpost  

US President Donald Trump has threatened to impose 200% tariffs on European wines, champagnes, and all other alcohols, in retaliation to European Union’s tariffs on US goods US President Donald Trump arrives at the White House in Washington, D.C., U.S., February 19, 2025. If the European Union does not retract 50 per cent tariff on US whisky, US President Donald …

Trump threatens EU with 200% tariffs on alcohol beverages
2 weeks, 1 day ago

Trump threatens EU with 200% tariffs on alcohol beverages

Firstpost  

US President Donald Trump has threatened to impose 200% tariffs on European wines, champagnes, and all other alcohols, in retaliation to European Union’s tariffs on US goods US President Donald Trump arrives at the White House in Washington, D.C., U.S., February 19, 2025. If the European Union does not retract 50 per cent tariff on US whisky, US President Donald …

All will lose: U.N. chief warns amidst growing global trade war
2 weeks, 1 day ago

All will lose: U.N. chief warns amidst growing global trade war

The Hindu  

United Nations Secretary-General Antonio Guterres has warned that “all will lose” when countries get into trade wars, against the backdrop of tariff wars unleashed by the Mr. Trump administration. Trump vows tariffs on nations that 'harm' US; names India, China as high-tariff countries He was responding to a question on the growing global trade war. U.S. President Donald Trump, in …

Donald Trump’s $1.4 trillion tariff threats scramble business plans, US companies form task-forces to tackle impact
2 weeks, 1 day ago

Donald Trump’s $1.4 trillion tariff threats scramble business plans, US companies form task-forces to tackle impact

Live Mint  

Ozempic-maker Novo Nordisk A/S is planning to make more of its medicines for the US market in the country; Boeing Co. risks a gummed up supply chain and higher aircraft costs it may not be able to pass on; Chinese online retailer Shein Group Ltd. is offering incentives to its top apparel providers to set up new production capacity in …

Trump’s tariff war: Who’s fighting back, who’s not? What about India?
2 weeks, 2 days ago

Trump’s tariff war: Who’s fighting back, who’s not? What about India?

Firstpost  

US President Donald Trump has imposed sweeping tariffs, including a 25 per cent levy on steel and aluminium imports and a 25 per cent tariff on goods from Mexico and Canada, with limited exemptions. Trump’s tariffs on Canada and Mexico On March 4, the Trump administration imposed a 25 per cent import tariff on goods from Canada and Mexico, with …

Trump Threatens To Escalate Global Trade War After EU Announces ‘Counter Measures’ Over Tariffs
Trending News
2 weeks, 2 days ago

Trump Threatens To Escalate Global Trade War After EU Announces ‘Counter Measures’ Over Tariffs

ABP News  

US President Donald Trump threatened to escalate the global trade war with further tariffs on European Union goods if the EU plans to follow through with its planned counter-tariffs up to €26 billion on certain US products next month. Trump said he would impose additional penalties if the EU follows through with its plan to enact counter-tariffs on some US …

US trading partners retaliate after Trump announces blanket tariffs on steel & aluminium imports
2 weeks, 2 days ago

US trading partners retaliate after Trump announces blanket tariffs on steel & aluminium imports

Firstpost  

The steep 25-percent levies contained no exemptions despite countries’ efforts to avert them, marking an expansion from Trump’s recent duties on Canada, Mexico and China since returning to the White House The Trump administration has imposed tariffs on steel and aluminum imports. File image/AP Major US trading partners announced countermeasures Wednesday after Donald Trump’s blanket tariffs on steel and aluminum …

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