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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.
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The Scotsman broke the news in Scotland, United Kingdom on Thursday, April 3, 2025.
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