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 tagged trade wars
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.
The world braces for Trump’s reciprocal tariffs on April 2 – “What they charge us, we charge them”
On April 2, dubbed “Liberation Day” by President Trump, the U.S. will impose new “reciprocal” tariffs on imports, escalating trade tensions with key partners.
While countries like China, Mexico, and Canada are already expected to be hit hardest, many European and Asian economies will likely see a huge impact, prompting global warnings of retaliation, trade wars and a global economic slowdown.
Canada’s retaliatory tariffs set to take effect as Trump stands firm on trade policy
Canada hits back with tariffs as Trump moves forward with 25% tariff on two of its largest trading partners-Canada and Mexico.