Trump's reciprocal tariffs: Which countries take the hardest hit and which escape?
US President Donald Trump imposed new tariffs under the International Emergency Economic Powers Act to counter trade deficits and bolster domestic manufacturing. Countries with significant trade surpluses face steep tariffs, disrupting industries and supply chains, while others see baseline tariffs. Critics foresee economic instability and potential trade wars.
US President Donald Trump imposed new tariffs under the International Emergency Economic Powers Act to counter trade deficits and bolster domestic manufacturing. Countries with significant trade surpluses face steep tariffs, disrupting industries and supply chains, while others see baseline tariffs. Critics foresee economic instability and potential trade wars. What's Your Reaction?
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