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.
Continue reading...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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