U.S. President Donald Trump disrupted a global trading system that had been in place for over 75 years by introducing a new baseline 10% U.S. tariff on goods from all economies. Higher reciprocal tariff rates were imposed on some economies, based on White House figures for “tariffs charged against the U.S.”, which they say includes considerations for currency manipulation and trade barriers.
The Trump administration is set to slap a broad set of tariffs on imported goods. Similar policies have had a range of impacts in the past.
A massive 7.7 earthquake rocked Southeast Asia on Friday.
More Graphics
Loading...