Reported 1 day ago
President Trump has announced a new 25% 'secondary tariff' on countries purchasing oil or gas from Venezuela, set to take effect on April 2, which he has dubbed 'Liberation Day'. This comes alongside potential modifications to reciprocal tariffs on US trading partners, with the administration signaling a narrower focus on specific countries with unfavorable trade balances. As the trade landscape shifts, concerns about economic impacts are growing among businesses and markets.
Source: YAHOO