New Delhi: US President Donald Trump announced global reciprocal tariffs on trading partners on Wednesday (local time), calling it a “declaration of economic independence.” A “baseline tariff” of 10 per cent will apply to economies globally and will take effect at 12:01 am on April 5, while higher rates will apply to those the White … Read more
New Delhi: Escalating a global trade war, US President Donald Trump unleashed a barrage of reciprocal tariffs to match duties put on US goods by other countries. The American commander-in-chief said he would impose a 10 per cent baseline tariff on all imports to the United States and higher duties on some of the country’s … Read more
Washington: US President Donald Trump’s raft of “Liberation Day” tariffs will take effect immediately after he unveils them on Wednesday, White House Press Secretary Karoline Leavitt said. “My understanding is that the tariff announcement will come tomorrow, they will be effective immediately,” Leavitt told reporters on Tuesday, adding she had just spoken to Trump about … Read more