US EditionUS begins collecting tariffs from 86 nations; China, EU increase tariffs on US goods
- President Trump enacted broad tariffs, escalating a global trade war with many nations.
- Trump sought to reduce trade deficits, claiming trade imbalances hurt U.S. Manufacturing and jobs.
- The U.S. Began collecting tariffs, notably 104% on China, but postponed some duties.
- Premier Li Qiang called the tariffs protectionism, saying, "Protectionism leads nowhere."
- China increased tariffs on U.S. Goods, and the EU planned tariffs, impacting global economies.
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US begins collecting tariffs from 86 nations; China, EU increase tariffs on US goods
On Wednesday, President Donald Trump postponed "reciprocal" tariffs on dozens of countries for 90 days, just hours after the U.S. began collecting duties. You can read the latest story here. PREVIOUS STORYThe U.S. began collecting "reciprocal" tariffs on imports from 86 different countries on Wednesday as President Donald Trump continues to escalate an ongoing trade war with the rest of the world.The most notable of the tariffs is a 104% duty be…
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