Trendz

Trump's tariffs on China, EU and more, at a glance US President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish. These new import taxes, which Trump imposed via executive order, are expected to send economic shockwaves around the world. But the US president believes they are necessary to address trading imbalances and to protect American jobs and manufacturing. Here are the basic elements of the plan. Read more Custom tariffs for 'worst offenders' White House officials also said that they would impose what they describe as specific reciprocal tariffs on roughly 60 of the "worst offenders". These will go into effect on 9 April. Trump's officials say these countries charge higher tariffs on US goods, impose "non-tariff" barriers to US trade or have otherwise acted in ways they feel undermine American economic goals. The key trading partners subject to these cu...