{
Eleanor Pringle

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Trump announces new tariffs prompting global trade tensions and potential negotiations

President Trump has announced new tariffs, including a 10% increase on all countries and specific measures against key trading partners like China and the EU, prompting threats of retaliation and negotiations. Analysts predict economic slowdowns and potential escalation, with the EU preparing countermeasures and the U.S. effective tariff rate expected to rise significantly. The situation remains fluid, with the possibility of further tariff increases if retaliatory actions occur.
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Euro United States Dollar The Goldman Sachs Group, Inc. Deutsche Bank Money Market PP IND GBR JPN CHN USA Scott Bessent Donald Trump Ursula von der Leyen Mark Haefele Jim Reidy Eleanor Pringle Keir Starmer Filippo Taddei Show more
Politics & Governance, News Article
15:44 03.04.2025
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