Trump has labelled April 2 “Liberation Day”, insisting that the levies will free the United States from its reliance on foreign goods. Here are 10 points on this big story: On Sunday, the US president appeared to substantially expand his tariff plans, insisting that “all countries” would be targeted. “You would start with all countries,…
Supply Lines is a daily newsletter that tracks global trade. . President Donald Trump will announce his reciprocal tariff push on Wednesday during an event in the White House Rose Garden, his top spokeswoman said. White House Press Secretary Karoline Leavitt said Monday the announcement would feature “country-based” tariffs. She said the president is also “committed…
US president Donald Trump The US President Donald Trump announced that his upcoming reciprocal tariffs will affect all countries globally, rather than being limited to 10-15 nations with significant trade deficits.Trump plans to reveal an extensive tariff scheme on Wednesday, which he refers to as “Liberation Day.” Previously, he has implemented duties on aluminium, steel,…
Topline Global stock markets and U.S. futures tumbled on Monday as investors around the world braced for President Donald Trump’s plans to impose sweeping reciprocal tariffs against “all countries” starting April 2—a day he and his allies have dubbed “Liberation Day.” US President Donald Trump speaks to members of the press while returning to Washington,…
President Donald Trump on Friday said he was open to negotiating separate agreements with countries seeking to avoid US tariffs. However, he said that such deals would only be considered after his administration enforces reciprocal tariffs on April 2. US President Donald Trump waves as he walks before departing for Florida from the South Lawn…
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China hits back at Trump with reciprocal tariffs, sanctions of US firms China has revealed the details of its response to new tariffs from the United States on its…
US President Donald Trump has confirmed that reciprocal tariffs will take effect on April 2. The new tariffs are set to target imports from countries that have levied high duties on US goods, aiming to level the playing field and protect American industries. In mid-February, Trump unveiled the new reciprocal trade policy aimed at restoring…
US President Donald Trump has said that his administration will “soon” impose reciprocal tariffs on countries such as India and China, reiterating what he had said during Prime Minister Narendra Modi’s recent visit to the US capital. Trump was speaking at the swearing-in of Commerce Secretary Howard Lutnick on Friday when he made the announcement,…
US President Donald Trump has said his administration will “soon” impose reciprocal tariffs on countries such as India and China, reiterating what he had said during Prime Minister Narendra Modi’s recent visit to the US capital. Trump was speaking at the swearing-in of Commerce Secretary Howard Lutnick on Friday (local time) when he made the…
New Delhi: In a joint televised interview with billionaire Elon Musk, US President Donald Trump made it clear that India will not be spared from Washington’s reciprocal tariffs. In a conversation with Fox News’ Sean Hannity, President Trump reiterated his stance on global trade and existing tariff structures between the US and its partners. “I…