Your guide to Donald Trump’s ‘reciprocal’ tariffs
- President Trump announced reciprocal tariffs on nations trading with the U.S. On Wednesday.
- Trump aims to correct unfair trading practices and reduce the U.S. Trade deficit.
- These tariffs include 25% on automobile imports and duties on beer and aluminum.
- Trump stated, "It's our Declaration of Economic Independence," about the new tariffs.
- Experts expect retaliation and increased costs for consumers and businesses, with recession odds increasing.
61 Articles
61 Articles
ExplainSpeaking: Trump’s reciprocal tariffs — impact on India, rest of the world
Trump Reciprocal Tariffs Announcement: Several countries with low per capita incomes have been hit by the highest tariffs. The tariffs will almost certainly have very significant economic consequences for the US and the rest of the world. There could be high inflation, slower growth, and worse. Here’s how.
President Trump announces reciprocal tariffs: How do countries around the world react?
[NHK] On the 2nd, US President Trump spoke at the White House, announcing that he would raise his own country's tariffs based on the tariffs and non-tariff barriers of his trading partners.
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