Trump announces 10% baseline tariff on all imports, higher 'reciprocal' tariffs against select countries

The US President has put his threats into effect: he launched his major trade war called "liberation day." A basic customs duty of 10% is imposed on all goods imported into the United States. For about 60 countries, it is the cold shower. They are being imposed extra duties very high, levied on all or almost all of their exports. For its part, the European Union will be hit to the tune of 20% and already announces the response.

'Inflation day': How Germany is responding to the latest round of US tariffs

In the latest blow to the German economy, US President Donald Trump announced blanket tarriffs of 20 percent on all EU imports on Wednesday. How have German business leaders, politicians and the media responded to the news?

Spain faces the 20% tariffs imposed by the US on the EU with a negative trade balance vis-à-vis this country.

Six Donald Trump bombshells after tariff announcement and what it means for us

Donal Trump placed the highest tariff rates on the US' worst trading partners who he claimed "pillaged" the country.

Economist on Trump tariffs: Quite a blow for Estonian businesses

United States President Donald Trump's decision this week to impose a 20 percent protective tariff on all European Union imports is quite a blow to Estonian industrial firms as well, and finding a replacement for that market won't be easy, Lenno Uusküla, chief economist at Luminor bank, said.

Trump’s EU 20% tariffs spark backlash

Donald Trump’s sweeping new import tariffs have sent shockwaves through international markets, with world leaders condemning the move as “wrong.” Starting April 5, the United States will impose a 10 per cent baseline tariff on all imported goods, with tougher rates for around 60 countries from April 9 – including a 20 per cent tariff on European Union (EU) goods. According to Politico Europe… Source