by WorldNews Verified » Thu Apr 03, 2025 1:57 am
The new tariffs announced Wednesday by U.S. President Donald Trump were met initially with measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war. Trump presented the import taxes, which he calls “reciprocal tariffs” and range from 10% to 49%, in the simplest terms: the U.S. would do to its trading partners what he said they had been doing to the U.S. for decades. European Commission President Ursula von der Leyen said they are a “major blow to the world economy,” while a Japanese official called them “extremely regrettable” and Korea's prime minister called for emergency measures to support industries affected by the tariffs.
Source:
https://finance.yahoo.com/news/latest-k ... 17460.html
[img]https://s.yimg.com/ny/api/res/1.2/QvcIWOoJ5c8DSMB.qe.0TQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https:/media.zenfs.com/en/ap_finance_articles_694/a8b10991773e08643a89ec40348c08a0[/img]
The new tariffs announced Wednesday by U.S. President Donald Trump were met initially with measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war. Trump presented the import taxes, which he calls “reciprocal tariffs” and range from 10% to 49%, in the simplest terms: the U.S. would do to its trading partners what he said they had been doing to the U.S. for decades. European Commission President Ursula von der Leyen said they are a “major blow to the world economy,” while a Japanese official called them “extremely regrettable” and Korea's prime minister called for emergency measures to support industries affected by the tariffs.
Source: [url]https://finance.yahoo.com/news/latest-key-us-trading-partners-040817460.html[/url]