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Donald Trump’s tariffs in brief: universal levies and targeted retaliation

  • President Donald Trump announced new tariffs on multiple countries, framing it as a 'Liberation Day' to match foreign trade barriers with U.S. Products.
  • The European Union will face a 20% tariff, while countries like China and India will see even higher rates.
  • Experts, including David Harsanyi, expressed skepticism about the tariffs, arguing they could harm the U.S. Economy unnecessarily.
  • European Union leaders indicated a willingness to negotiate tariffs after being hit with a 20% import tax.
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What tariffs has Donald Trump announced and what might they mean?

The US president set out sweeping trade levies hitting countries across the world

·London, United Kingdom
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Consenso del Mercado broke the news in on Wednesday, April 2, 2025.
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