Trump, tariffs and reciprocal
Digest more
Top News
Overview
Impacts
the president announced an unexpected pause.
From MSNBC
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending glo...
From Reuters
The Chinese government has since responded with a tariff of 84% on goods imported from the US into China.
From BBC
Read more on News Digest
2don MSN
The tariff fight between the world's two largest economies spiraled into greater peril Wednesday as President Donald Trump tried to narrow his global trade war into a direct — and risky — faceoff with Beijing.
Commerce Secretary Howard Lutnick said President Trump "wasn't kidding," and his reciprocal tariffs will take effect later this week.
Effective 12:01 a.m. on April 9, Trump has imposed individualized, reciprocal tariffs on countries ... imposing a 25% tariff on goods that are non-compliant with the United States-Mexico-Canada Agreement (USMCA). There's a 0% tariff on USMCA-compliant ...
First country retaliates against President Donald Trump's tariff plan. Find out what U.S. goods are hit by Chinese tariffs.
Vietnam is implementing multiple synchronized measures to respond to the United States’ 46% reciprocal tariff, aiming to cushion its negative impact on exports and the economy in general.
Brazilian President Luiz Inacio Lula da Silva said on Wednesday that his nation will be reciprocal on tariffs announced by the United States, but noted the Latin American country will "use every word for negotiation that is in the dictionary" first.
1don MSN
Even after Trump’s reversal, with China being taxed at such a high rate, a number of goods may well rise in price.
W hILE the tariffs announced on April 2nd were met with panic and consternation around the world, Mexico celebrated. Along with Canada, it was exempted from sweeping “reciprocal” tariffs imposed by the United States. President Claudia Sheinbaum hailed the escape as “good for the country”. The Mexican peso rose, as did the country’s stockmarket.