Trump's sweeping new tariffs in effect, including 104% on China
- Donald Trump's tariffs, including a 104% levy on Chinese goods, took effect on Wednesday, impacting global trade.
- China plans to implement retaliatory tariffs of 34% on U.S. Goods, amid ongoing trade tensions.
- The European Union's chief, Ursula von der Leyen, emphasized the need to avoid escalating the trade conflict during a call with Chinese Premier Li Qiang.
- A Reuters/Ipsos poll found that nearly three-quarters of Americans expect prices of everyday items to rise in the next six months due to the tariffs.
409 Articles
409 Articles
China, EU retaliate as Trump trade tariffs kick in
China and the European Union announced new trade barriers on U.S. goods on Wednesday in response to steep duties imposed by President Donald Trump, escalating a global trade war that has hammered markets and raised the likelihood of recession.
Trump's latest round of tariffs have taken effect — and China is retaliating. Here's what we know
NEW YORK (AP) — President Donald Trump has launched tariff wars with nearly all of America's trading partners. And there's no end in sight. A number of sweeping new taxes on goods from other countries are already here — and more took effect on Wednesday. Trump implemented higher rates for his latest and most severe volley of duties, which he calls “reciprocal” tariffs. In response, China has vowed to roll out its own heightened set of counter ta…
Trump’s Tariffs Are Here, and Financial Markets Are in Turmoil
Current conditions: States left flooded from recent severe storms are now facing freezing temperatures • Firefighters are battling blazes in Scotland due to unusually warm and dry weather • Hospitals in India are reporting a 25% rise in heat-related illnesses compared to last year. Yesterday the country’s northern state of Rajasthan reached 115 degrees Fahrenheit, about 13 degrees higher than seasonal norms.THE TOP FIVE1. Markets in turmoil as T…
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