US EditionDonald Trump’s Tariff War Has Just Begun
- President Donald Trump announced an executive order imposing a 10 percent baseline tariff on many nations, with higher rates on specific countries, effective April 9.
- Following the announcement, stock futures dropped significantly, with Dow futures losing 1,100 points in after-hours trading.
- Officials from several countries, including Canada, announced countermeasures in response to the tariffs, with specific measures to be revealed later.
- Trump claimed the tariffs are necessary to strengthen the U.S. Economy and stimulate domestic manufacturing, stating that it is a declaration of economic independence.
21 Articles
21 Articles
No one's getting rid of the tariffs.
Although the uncertainty generated by Donald Trump's erratic handling of tariffs has not been entirely dispelled, the announcement he made this Wednesday from the White House makes it clear that it is serious about the issue.The threats were not a bluff or a mere negotiating strategy, as was said at the outset.By means of an executive order, the president imposed reciprocal tariffs — ranging from a minimum of 10 to a maximum of 46 percent — on a…
With its customs duties, Donald Trump returns the United States to the level of taxation of the 1930s
As the President of the United States is about to unveil a new wave of customs surcharges this Wednesday, U.S. tariff barriers could reach unprecedented levels for decades.
Week Eleven in Trade – First 100 Days of the New Administration
President Trump Issues Universal Reciprocal Tariff and Higher Individualized Rates for Certain Countries On April 2, 2025, President Trump issued an Executive Order (“EO”) imposing a 10% universal tariff on imports from all countries (with certain exceptions) pursuant to the International Emergency Economic Powers Act of 1977 (“IEEPA”). These tariffs will take effect at 12:01 a.m. eastern standard time on April 5, 2025. The tariff rates will in…
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