President Trump’s new tariffs hit Asian exporters the hardest. With a 90-day pause in place, countries like Vietnam and Cambodia seek trade solutions amid rising U.S. trade deficits.
All posts by Deena Zaidi
U.S. inflation drops to 2.4% as egg prices peaked at $6.23 per doz. in March
U.S. inflation dropped to 2.4% in March as consumer prices fell slightly, easing from 2.8% in February. The dip comes amid new tariffs from President Trump and ongoing Fed caution on interest rate cuts. Food prices, however, continued to rise—egg prices surged 60.4% year-over-year.
U.S. trade deficits and Trump’s new tariffs: which countries are getting hit the hardest?
Posted on Author Deena ZaidiPosted in China, Europe, Graphs, Japan, Markets, United States of America, World economy, World Economy, World trade
The U.S. reported major trade deficits in February 2025 with China, the EU, and Mexico—just as President Trump’s latest round of ‘reciprocal’ tariffs took effect. Here’s a breakdown of who’s facing the steepest penalties, and why some key allies like Canada and Mexico are exempt.
Chart: Who’s Hit by Trump’s ‘Discounted Reciprocal’ Tariffs?
On Wednesday, April 2, or as President Trump calls it “Liberation Day”, America announced reciprocal tariffs by increasing US duties to match the tax rates charged by other countries on American imports. Here’s a list of countries facing reciprocal tariffs.