Trump’s Steeper-Than-Expected Tariffs On Goods Imported To U.S. Rattle Markets, Stoke Inflation Fears

Financial markets declined markedly Wednesday after Donald Trump unveiled steeper-than-expected retaliatory tariffs on goods imported to the U.S. from other nations. A baseline 10% tariff was imposed on all nations, starting at midnight on Saturday. On April 9, a range of retaliatory tariffs are set to kick in, including 34% on imports from China (on […]

Apr 2, 2025 - 23:30
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Trump’s Steeper-Than-Expected Tariffs On Goods Imported To U.S. Rattle Markets, Stoke Inflation Fears
Financial markets declined markedly Wednesday after Donald Trump unveiled steeper-than-expected retaliatory tariffs on goods imported to the U.S. from other nations. A baseline 10% tariff was imposed on all nations, starting at midnight on Saturday. On April 9, a range of retaliatory tariffs are set to kick in, including 34% on imports from China (on […]