Live: Trump deepens trade war with sweeping new global tariffs

Live: Trump deepens trade war with sweeping new global tariffs

President Donald Trump announced on Wednesday ( Mar 2 ) that he would impose a 10 % base tariff on all US imports and higher duties on dozens of other nations, including some of Washington’s biggest trading partners.

On top of the 20 % levy he previously imposed on the nation, China imports will be hit with a 34 % tariff. Close US friends, including the European Union, which is subject to a 20 % price, were spared.

Buying lovers are expected to take their own countermeasures in response. The most recent analysis and reactions can be found on our life blog. &nbsp,