US EditionThese are the hardest-hit US trading partners under Trump’s tariffs
- President Trump announced a minimum 10 percent tariff on all trading partners and reciprocal actions on various countries, aiming to correct unfair trade relationships.
- The tariffs will significantly impact exporters such as Ford South Africa and South African fruit farmers, potentially leading to job losses.
- China will face a new 34 percent tariff, and Vietnam's imports will incur nearly 50 percent additional taxes due to these new tariffs.
- Products from Mexico and Canada are notably missing from the tariff announcement, although their exports have already been affected by previous tariffs.
21 Articles
21 Articles
Is there worse things coming? Analyst who foresaw Trump's shock says we still don't get to the hardest
Just after the US elections, when Wall Street bet on the prospects of a pro-business President Donald Trump, Peter Berezin sounded the alarm.Berezin and his team at the BCA research company predicted that unilateral tariffs of broad scope were coming, and that the new administration's proposals would go far beyond what had been implemented in Trump's first term.After this week's tariff drama, Berezin's December prediction has proven to be correc…
Trump announces sweeping ’liberation day’ tariffs
President Donald Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the United States and higher duties on dozens of the country's biggest trading partners, deepening a trade war that he kicked off on his return to the White House. The sweeping duties would erect new barriers around the world's largest consumer economy, reversing decades of trade liberalisation that have shaped the global order. Trading partners…
Trump announced double-digit tariffs on dozens of countries. Here's what the US imports from some of the most affected ones.
President Donald Trump announced a range of tariffs on dozens of countries.Brendan SMIALOWSKI / AFP via Getty ImagesTrump announced double-digit broad tariffs on imported goods from dozens of countries.They included new levies on all goods from key trading partners like China and the European Union.These are the top goods that the US imports from countries facing some of the toughest new tariffs.President Donald Trump's slew of broad tariffs tar…
These are the hardest-hit US trading partners under Trump’s tariffs
President Donald Trump unveiled sweeping 10% tariffs on all imports to the United States Wednesday, but about 60 countries or trading blocs will see even higher rates in an escalating move that is poised to initiate a global trade war.
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