Trump's sweeping new tariffs in effect, including 104% on China
- President Donald Trump's unprecedented tariffs on global imports took effect, causing a cumulative 104% tariff on Chinese goods and reshaping the global economic order.
- Canada announced a 25% tariff on U.S.-made automobiles in response to Trump's tariffs.
- Analysts at Wells Fargo predicted that Trump's tariffs would lead to a rise in unemployment to about 5%.
- Economists warned that prolonged tariffs may cause a recession if they remain in place.
409 Articles
409 Articles
The 20% tariffs imposed by the United States on European Union products have entered into force...
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…
[NHK] The Trump administration in the United States will impose "reciprocal tariffs" on countries and regions with large trade deficits at around 1:00 p.m. on the 9th, Japan time...
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