The levies will be effective April 10. "This practice of the U.S. is not in line with international trade rules, undermines China’s legitimate rights and interests, and is a typical unilateral bullying practice,
Trump first slapped a 10% blanket tariff on all imports into the U.S., including from uninhabited islands, such as the Heard and McDonald islands, and on places with which the U.S. runs a surplus, such as the U.
President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what others assess as trade penalties on American goods.
President Donald Trump, speaking at the White House, held up a chart showing proposed import taxes: 34 percent on China, 20 percent on the EU, among others.
Trump's new tariffs exceed levels following the Smoot-Hawley Tariff Act, risking global retaliation and economic slowdown.
The move came two days after President Donald Trump imposed the same tariff on all Chinese imports, bringing the total U.S. tariff on Chinese goods to at least 54%.
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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 further escalate uncertainty.
US President Donald Trump has announced reciprocal tariff on all foreign goods starting April 2025. This move could potentially shake up global trade dynamics. However, experts suggest India may experience minimal impact.
On April 2, 2025, Donald Trump emerged from political semi-retirement to announce a sweeping new tariff regime. The internet’s response? Memes. Glorious memes.The Senate Would Revoke Their Trade FranchiseForget economic white papers or market analysis—when Trump slapped double-digit tariffs on imports from 60 countries,