Trade Minister Parks Tau vows to seek clarity on Donald Trump’s 30 percent tariffs
- China and the European Union threaten retaliation against President Donald Trump’s new tariffs, calling them a major blow that will lead to higher bills and inflation worldwide.
- Trump announced a 10% baseline tariff on all U.S. Imports, leading to fears of inflation and market turbulence.
- Ursula von der Leyen stated that the European Union is prepared to respond and is working on countermeasures against U.S. Steel imports.
- Economists warn that these tariffs could disrupt supply chains, posing risks to global economic growth.
13 Articles
13 Articles
China, EU threaten to retaliate over Trump’s broad reciprocal tariffs: ‘There are no winners’
Nations around the world – including China and the European Union – threatened retaliation on Thursday after President Donald Trump unveiled a harsh reciprocal tariffs plan that could hamper their economies.
EU, China, and Canada Vow Retaliation Against US Tariffs
A global trade war is brewing as major U.S. trading partners, including the European Union, China, and Canada, have announced plans to retaliate against President Donald Trump’s newly imposed tariffs on imports. The escalating tensions could have serious economic consequences, wi
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