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Trump will ‘buckle under pressure’ if Europe bands together over tariffs, German economy minister says

  • President Donald Trump announced new tariffs, including a 34% tax on imports from China and 20% on the European Union, citing an economic emergency.
  • Olu Sonola from Fitch Ratings stated that the average U.S. Tariff rate would rise from 2.5% to roughly 22% by 2024.
  • Canadian Prime Minister Mark Carney warned that Trump's tariffs would fundamentally change the international trading system.
  • Several political figures, including several Republican senators, questioned the tariffs' effectiveness amidst concerns over rising costs for American families.
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  • 36% of the sources lean Left
36% Left
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Irish Times broke the news in Dublin, Ireland on Wednesday, April 2, 2025.
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