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Some U.S. trading partners plan countermeasures in response to tariffs

  • President Trump, on Wednesday, declared new tariffs at the White House Rose Garden event.
  • Trump aimed to address trade imbalances and fulfill campaign promises on lowering costs.
  • The tariffs included a 10% baseline tax and higher rates for nations with trade surpluses.
  • Trump stated, "For decades, our country has been looted, pillaged, raped and plundered by nations near and far."
  • Analysts warn the tariffs risk trade wars and economic slowdown, despite the promise of factory job growth.
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86 Articles

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Tioga PublishingTioga Publishing
+15 Reposted by 15 other sources
Center

US's Asia-Pacific allies stung by Trump tariffs

China vowed "countermeasures" to Donald Trump's sweeping tariffs on Thursday but elsewhere in the Asia-Pacific region US allies were still scrambling for last-ditch talks to mitigate the levies that will hit Asia's manufacturing powerhouses hard.

·Pennsylvania, United States
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KOB 4KOB 4
+31 Reposted by 31 other sources
Center

The Latest: Key US trading partners and global officials react to Trump's new tariffs

The new tariffs announced Wednesday by U.S. President Donald Trump were met initially with measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war. Trump presented the import taxes, which he calls “reciprocal tariffs” and range from 10% to 49%, in the simplest terms: the U.S. would do to its trading partners what he said they had been doing to the U.S. for decades. European Commission Presiden…

·Albuquerque, United States
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The Standard broke the news in on Wednesday, April 2, 2025.
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