Trump Hits Back at Escalating China Trade War
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Associated Press News |
Prime Minister Keir Starmer and French President Emmanuel Macron agreed Saturday that a trade war was in no one’s interest as they discussed the fallout from the sweeping tariffs announced earlier th...
Reuters |
The bank also said that as 'retaliation day' looms, U.S. consumers of coffee and chocolate should expect more expensive products as top cocoa producer Ivory Coast faces a 21% tariff while No. 2 coffe...
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The Kentucky bourbon industry says it is reeling from retaliatory actions taken by Canada and the EU in response to the US trade war.
California Gov. Gavin Newsom said Friday he is pursuing agreements with other countries to ensure California is exempted from retaliatory tariffs aimed at the U.S. Why it matters: President Trump's "Liberation Day" tariffs spurred global blowback.
President Donald Trump’s 10% tariff on all countries is here. But much bigger tariffs are yet to come. As of 12:01 a.m. Eastern time today, a 10% levy on imported products from all other countries globally went into effect — with a few exemptions.
Trump’s baseline 10% tariff on all imports from many countries has begun, with higher levies on 57 trading partners to start next week. 09:17 Italian economy minister Giancarlo Giorgetti warned on Saturday against the imposition of retaliatory tariffs on the United States in response to president Donald Trump’s announcement of sweeping tariffs on trade partners.
I’ve directed my administration to look at new opportunities to expand trade and to remind our trading partners around the globe that California remains a stable partner,” Newsom — thought by many to be a contender for the 2028 Democratic presidential nomination — said in a video message on X.
Trump’s “Liberation Day” moves saw the introduction of a 10% tariff on all imported goods, and additional import taxes—of varying degrees—placed on 60 other countries.The U.S. and global markets have already started to feel the impact of Trump’s tariffs,