Trump tariff global reaction – country by country
by Amy Hawkins from US news | The Guardian on (#6WC4Q)
The US president's new tariff regime on every country threatens to unleash a global trade war. Here we explore how the world is responding
Global markets and businesses were reeling on Thursday, as US president Donald Trump announced sweeping tariffs on major trade partners and struggling countries alike.
Trump's new policies set a baseline tariff of 10% on all goods coming into the US, taking the a maximum rate to more than 50% on imports from some countries. It marks the biggest upheaval of global trade norms since the second world war. The US president said that these levies were aimed at targeting decades of unfair trade practices which had disadvantaged the US.
Continue reading...