Trump announces sweeping new tariffs on all countries of the world, sparking fears of inflation and trade war

USA President, Donald Trump has announced a 10% baseline tariff on all imports to the United States, alongside significantly higher tariffs on dozens of countries with trade surpluses. The move threatens to disrupt global trade, drive up prices for American consumers, and ignite retaliatory trade wars with key U.S. allies.   Speaking at the White…

Read the full story here

Trump launches tariffs, saying global trade has ‘looted, pillaged, raped, plundered’ U.S. economy

U.S. President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from China and 20% on the European Union, among others — that threaten to dismantle much of the architecture of the global economy and trigger broader trade wars. Trump, in a Rose Garden announcement, said…

Read the full story here