President Trump has called out nations like China and Canada and the European Union for "unfair" trading practices and tariffs on the U.S.
The US will impose reciprocal tariffs on China of 34 per cent and hit the EU with a levy of 20 per cent, Donald Trump announced on Wednesday as he detailed new restrictions targeting America’s trading partners. The US will impose universal 10 per cent tariff on all countries, including on the UK, he said.
Two major US stock indexes ended their worst quarter in over two years, with the S&P 500 dropping 4.5% and the Nasdaq dipping 10.4%.The Dow Jones dropped 1.3%, marking its first consecutive monthly loss since October 2023,
President Donald Trump is set to sign a barrage of self-described “reciprocal” tariffs on friend and foe alike.
The U.S. Senate on Wednesday is expected to vote on a measure protesting President Donald Trump'snew tariffs on Canadian imports, in a move expected to draw some Republican support in that chamber but fall flat in the House of Representatives.
Sales of French wine and spirits are expected to slide at least 20% after U.S. President Donald Trump announced global tariffs, Gabriel Picard, chairman of French wine and spirits exporters industry group FEVS said on BFM TV on Wednesday.
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The US president is preparing to unveil a raft of new tariffs on Wednesday - which he has dubbed "Liberation Day".
President Donald Trump's new 25% tariff on all cars and light-duty trucks takes effect in the U.S. on April 2. Here are frequently asked questions.