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Trump’s “New Tariff Policy” Provokes Trade War, Hurts Himself and Others
On April 2 (EST), U.S. President Donald Trump announced a 10% “base tariff” on imports from over 180 countries and regions, effectived at midnight on April 5, with only Russia temporarily exempted. Additionally, Trump will impose personalized higher “reciprocal tariffs” on countries with the largest trade deficits with the U.S., effective from midnight on April […]
On April 2 (EST), U.S. President Donald Trump announced a 10% “base tariff” on imports from over 180 countries and regions, effectived at midnight on April 5, with only Russia temporarily exempted. Additionally, Trump will impose personalized higher “reciprocal tariffs” on countries with the largest trade deficits with the U.S., effective from midnight on April […]
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