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Trump is set to announce 'reciprocal' tariffs in a risky move that could reshape the economy

  • President Trump plans to announce new tariffs at a 4 pm ET Rose Garden ceremony on Wednesday.
  • Trump views tariffs as a solution, but crucial details of the plan remain unclear to many.
  • White House Press Secretary Leavitt said tariffs would go into effect immediately, but some officials were surprised.
  • Leavitt stated Trump is acting in the "best interest of the American worker."
  • Analysts project a trade war escalation could eliminate 5.5 million jobs and drop GDP by 1.7%.
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Center
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Lean Left

Starmer: “Ready for any possibility for US tariffs.” Meloni: 'Working to avert a trade war'. Trump relaunches on social media

·Turin, Italy
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Center

Matthes, an IW foreign trade expert, sees jobs in Germany at risk in the face of the threat of new US tariffs. Matthes said in Deutschlandfunk that it is to be feared that German companies would move productions to the USA at long-term high import charges.

·Germany
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  • 52% of the sources are Center
52% Center
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Crooks and Liars broke the news in United States on Monday, March 31, 2025.
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