US EditionTrump 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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117
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148
Right
61
Economy - IW foreign trade expert Matthes: Trump's customs policy endangers jobs in Germany
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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Coverage Details
Total News Sources587
Leaning Left117Leaning Right61Center148Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 36%
C 45%
R 19%
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