Trump announces reciprocal tariffs: Full list of countries impacted
US President Donald Trump announced significant tariffs on imports, including a 34% tax on Chinese goods and 20% on the European Union. The move, aimed at reducing trade deficits and bolstering American manufacturing, has sparked concerns about potential global trade wars and rising consumer prices. Several US allies are considering retaliatory measures, which could impact diplomatic relations.
US President Donald Trump announced significant tariffs on imports, including a 34% tax on Chinese goods and 20% on the European Union. The move, aimed at reducing trade deficits and bolstering American manufacturing, has sparked concerns about potential global trade wars and rising consumer prices. Several US allies are considering retaliatory measures, which could impact diplomatic relations.
