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Worse than expected? First reactions by markets and politicians on Trump's tariff announcement
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April 3, 2025
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12:15Now PlayingDonald Trump's "America First" policies include measures aimed at reducing trade deficits and boosting domestic manufacturing. While supporters argue they protect US jobs, critics warn of massive disruption. European markets have opened sharply lower after US President Donald Trump announced sweeping global tariffs. In a ceremony at the White House, Trump declared a 10 percent baseline on imports from all countries, with significantly higher levies for nations that run trade surpluses with the US. China and the EU say they're prepared to respond.
#TrumpTariffs #TradeWar #Tariffs
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