Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

The Korea Times

The Korea Times

Summary

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US President Donald Trump announced sweeping new tariffs on several countries on Wednesday in the Rose Garden at the White House as Commerce Secretary Howard Lutnick listened.
Hindustan Times
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Countries seeking to sell goods to the United States will face taxes as high as 54% based on how the White House is calculating duties on U.S. exports.
NBC News
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The only option for many business owners and workers across the world is to wait and see what level of harm Trump’s sweeping global tariffs will inflict on them.
Aljazeera
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Chinese exporters, as with those from every other economy, will face a 10 percent baseline tariff, as part of the new 34 percent levy, on almost all goods shipped to the world's largest consumer economy from Saturday before the remaining, higher "reciprocal tariffs" take effect from April 9.
The Manila Times

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