Trump threatens new 50% tariffs on China.
President Trump on Monday said the U.S. will apply an additional 50% tariff on imports from China
President Trump on Monday said the U.S. will apply an additional 50% tariff on imports from China
U.S. oil prices fell about 2% on Monday, adding to last week’s steep losses on fears President Donald Trump’s global tariffs would push the U.S., and maybe the world, into a recession.
Hong Kong’s Hang Seng plunged more than 13 percent, its biggest drop since the 1997 Asian financial crisis
Tariffs are primarily sales taxes, mainly beneficial to the targeted country rather than the imposing country.
China’s finance ministry said the additional tariffs would be imposed from April 10.
These tariffs, rolling out between April 5 and 9, 2025, aren’t just numbers—they’re a wake-up call for Ghana and the continent.
China has vowed to hit back after President Donald Trump announced major new tariffs on its exports to the United States
Stock markets in London, Paris and Berlin fell as trading began on Thursday after US President Donald Trump’s sweeping announcements on tariffs.
Donald Trump unveiled and then enacted a two-step tariff approach Wednesday as his long-awaited “Liberation Day” plans were released during a Rose Garden event at the White House.
“If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!” Mr. Trump wrote.