Category Archives: Tariffs

War-torn and struggling countries among those facing steepest Trump reciprocal tariffs

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Myanmar, which is reeling from a huge earthquake and civil war, faces 44% rate amid suspicions that the underlying target is China

Developing nations in South-east Asia, including war-torn and earthquake-hit Myanmar, and several African nations are among the trading partners facing the highest tariffs set by US President Donald Trump.

Upending decades of US trade policy and threatening to unleash a global trade war, Trump on Wednesday announced a raft of tariffs he said were designed to stop the US economy from being “cheated”.

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‘War’ and ‘pain’: what the papers say about Donald Trump’s trade tariffs

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The US president has announced new taxes on imports to the US starting at a baseline of 10% – here is the front-page reaction in Britain

Donald Trump’s tariff “day of liberation” arrived with the US president imposing markups on imports while accusing other nations, including allies, of “looting, pillaging, raping and plundering” the US.

The UK got off relatively lightly with the basic 10%. Here is how major British newspapers see it.

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Republicans join Democrats in Senate vote to rescind Trump Canada tariffs

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Resolution that would block tariffs passes 51-48 in Senate, in vote that shows Republican unease over president’s plans

Several Republican senators joined Democrats to pass a resolution that would block Donald Trump’s tariffs on Canada, a rare rebuke of the president’s trade policy just hours after he announced plans for sweeping import taxes on some of the country’s largest trading partners.

In a 51-48 vote, four Republicans – Susan Collins of Maine, Lisa Murkowski of Alaska and both Kentucky senators, the former majority leader Mitch McConnell and Rand Paul – defied Trump’s pressure campaign and supported the measure. Democrats used a procedural maneuver to force a vote on the resolution, which would terminate the national emergency on fentanyl Trump is using to justify tariffs on Canada.

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Canada Trump tariff exemption ‘like dodging a bullet into the path of a tank’, says business leader

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Automotive industry and prime minister Mark Carney note that 25% tariffs on Canadian steel, aluminum and automobiles will still come into effect within hours

Canada’s exemption from Donald Trump’s global tariffs was “like dodging a bullet into the path of a tank”, say business leaders as other levies are poised to hit key industries that drive the country’s economy.

In a theatrical unveiling of tariffs on countries with “unfair” practices on Wednesday afternoon, Canada was noticeably absent, alongside trade ally Mexico.

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Trump goes full gameshow host to push his tariff plan – and nobody’s a winner

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There were charts and scores, as if The Price Is Right had come to Washington. The big prize? A global trade war

It was Jeopardy!, or The Price Is Right, come to Washington.

On an unseasonably chilly day in the White House Rose Garden, Donald Trump stood with a giant chart listing which reciprocal tariffs he would impose on China, the European Union, the United Kingdom and other hapless contestants.

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Trump hits UK with 10% tariffs as he ignites global trade war

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Britain gets off comparatively lightly but US president’s action could still cost billions in lost growth

Donald Trump has hit the UK with tariffs of 10% on exports to the US as he ignited a global trade war that could wipe billions off economic growth.

The US president accused other nations, including allies, of “looting, pillaging, raping and plundering” the US, as he announced tariffs on economic rivals including 20% on the EU and 34% on China as part of what he dubbed “liberation day”.

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