US EditionAs markets implode, US trading partners puzzle over whether there’s room for negotiations
- U.S. President Donald Trump announced new tariffs on many countries, with a minimum rate of 10%.
- China retaliated with a 34% tariff on U.S. Goods, accusing the U.S. Of unfair trade practices.
- Several countries, including South Korea and Pakistan, are sending trade officials to Washington to negotiate better trade terms.
- Economists warn that these tariffs will increase prices for everyday goods as countries evaluate their responses and seek negotiations.
126 Articles
126 Articles
Trump’s refusal to yield to tariffs increases the risk of a catastrophic outcome
Analysis by Stephen Collinson, CNN President Donald Trump doesn't seem to be giving in. The chaos and fear unleashed by his “Liberation Day” trade war have only reaffirmed it in their lifetime conviction that the world's largest economy is the victim of cheating rivals bent on swindling it. Trump said Monday that he is open to negotiating with powers like Japan and Israel. The prospect of incipient negotiations prevented last week's huge losses …
‘We have 770 Irish firms in the US employing 200,000 Americans, we don’t want any of that put at risk’ – ministers travel to US for tariff negotiations
Two senior ministers will be in the US today as the Cabinet discusses the continuing crisis caused by the swingeing imposition of Trump tariffs.
Nations puzzle over how to respond to U.S. trade war as global markets implode
The impact from U.S. President Trump's blast of tariff hikes is reverberating across world markets as America's trading partners puzzle over whether there is room for negotiating better deals.
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