Trump’s 10% Global 'Baseline' Tariff Takes Effect Amid Market Turmoil
- Donald Trump's 10% tariff on goods imported from around the world started on Saturday, impacting global markets.
- The FTSE 100 experienced its worst trading day since the pandemic, dropping 419.75 points on Friday.
- Prime Minister Keir Starmer spoke with the prime ministers of Australia and Italy, agreeing that a trade war would be 'extremely damaging.'
- Chancellor Rachel Reeves confirmed the Government aims to negotiate the best deal in discussions with the US.
148 Articles
148 Articles
US customs began to apply Trump's new tariffs. What happens to goods in transit to the USA - Hotnews.ro
US customs agents on Saturday began collecting President Donald Trump's 10% unilateral tariff on all imports from numerous countries, followed by further tariff hikes on goods from 57 countries.
Trump tariffs come into effect in ‘seismic’ shift to global trade
Trump tariffs come into effect in ‘seismic’ shift to global trade ‘Baseline’ 10% import levy takes effect at US seaports, airports and customs warehouses on Saturday, with some higher tariffs to begin next week
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