Trump to Unveil New 'Reciprocal' Tariffs in Major Trade Policy Shift

The announcement, set for later today, introduces immediate tariffs including a 25% tax on foreign-made cars, escalating global trade tensions.

• Donald Trump will announce a new wave of 'reciprocal' tariffs today, aimed at addressing trade imbalances by matching the tariff rates imposed by other countries on U.S. goods.
• The measures include a 25% tax on foreign-made cars and auto parts, set to take effect on April 3, 2025, at 04:01 GMT.
• The scope and duration of the tariffs remain unclear, but they are expected to target countries with significant trade surpluses with the U.S., such as China, the EU, and Canada.
• Global markets have experienced volatility in anticipation of the announcement, with Asian and European stock markets showing declines earlier this week.
• Trade partners, including the EU, Canada, and China, are preparing potential retaliatory measures, while some nations like Vietnam and Japan are taking preemptive steps to mitigate the impact.

56 Articles

Sud Ouest Le Parisien l'Opinion POLITICO L'Humanité L'Humanité l'Opinion Le Nouvel Obs L'Express Le Figaro Le Figaro l'Opinion Le Figaro l'Opinion Sud Ouest l'Opinion Sud Ouest Le Parisien Le Parisien l'Opinion l'Opinion L'Express Ouest-France l'Opinion l'Opinion Courrier International l'Opinion Le Figaro Atlantico Le Parisien l'Opinion Libération l'Opinion L'Express POLITICO Le Figaro Le Figaro Le Canard enchaîné Libération L'Express Le Figaro L'Express Le Point Le Parisien l'Opinion Le Point Sud Ouest L'Humanité l'Opinion l'Opinion Le Figaro Le Figaro L'Express l'Opinion Le Parisien l'Opinion