US EditionTaoiseach tries to weather storm as US tariffs revealed
- Donald Trump announced sweeping tariffs, including a 10% tariff and a 25% levy on imported vehicles, impacting several countries.
- The US dollar dropped approximately 0.8% against the pound following Trump's announcement, with the US Dollar Index also seeing a similar decline.
- He claimed that US taxpayers have been 'ripped off for 50 years' and vowed it 'is not going to happen anymore.'
- Trump identified Cambodia, Laos, and Madagascar as the countries with the highest US reciprocal tariffs, at 49%, 48%, and 47% respectively, while the lowest rate is 10% for countries like the UK and Brazil.
43 Articles
43 Articles
Taoiseach tries to weather storm as US tariffs revealed
Even before Donald Trump revealed his radical economic plan in Washington its outline had been worryingly sketched out in a room in Leinster House. Mícheál Lehane analyses how the Dáil reacted to the alteration to world trade.
Trade war almost inevitable as Trump spares no country with high import duties
With the announcement of high import duties set per individual country, US President Donald Trump is sending a shockwave through the global economy. Whether there is still room for negotiations, he left vague on his Liberation Day. Getting factories back to the US seems to be his main goal.
Donald Trump's Tariffs: "We enter into an economic war logic of which it is impossible to predict the winner"
Donald Trump launched his trade war this Wednesday evening, seen as the "Day of Liberation" by the American President. What consequences for Europe? Analysis. ...
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