Sweeping Trump tariffs draw dismay, calls for talks from countries around the globe
- President Trump announced a new tariff plan on April 2, 2025, calling it "Liberation Day.
- Trump stated the tariffs would reshape U.S. Trade and revive American manufacturing.
- The plan includes a 10% tariff on nearly all imports and steeper rates for trade partners.
- Tariffs include 34% on Chinese goods, 20% on EU goods, and 25% on foreign cars, effective April 9.
- Economists worry the tariffs risk undermining confidence and could lower the 2025 GDP forecast to 1.7%.
163 Articles
163 Articles
GOP lawmakers, foreign leaders and markets wait to see if Trump’s tariffs are open for negotiation
As President Donald Trump departed the White House on Thursday afternoon — his first time in public since announcing sweeping new tariffs that have jolted global markets and sparked recession fears — he likened the duties he imposed this week to a successful medical procedure.
Here’s How Countries Are Responding to US Tariffs
America’s trading partners around the world are asking President Donald Trump to reconsider a slew of new tariffs the White House imposed on April 2. Shortly after Trump made his announcement in a ceremony at the White House, leaders and government officials from around the world issued statements and spoke with reporters about how their nation plans to react to the tariffs. Officials in most countries said they want to head to the negotiating t…
From Jobs to Exports: Who wins and who loses in Trump's trade war?
Trump’s sweeping tariffs trigger global backlash, market turmoil, and fears of inflation. Allies and rivals, including China and the EU, vow retaliation, while businesses brace for supply chain disruptions and higher costs.
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