Reported about 22 hours ago
President Donald Trump has introduced a two-step tariff plan, implementing a 10% baseline tariff on numerous countries starting April 5, along with additional duties for others deemed significant offenders. This announcement, made during a White House event, signifies a significant shift in the global trading landscape, with potential tariffs rising to a historic 29%. The plan is intended to address both tariff and non-tariff barriers, contributing to ongoing global tensions as countries prepare retaliatory measures.
Source: YAHOO