World leaders react to Trump's global tariffs
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Economists have warned that across-the-board tariffs could cripple lower-income Americans' finances the most while also helping spur a recession.
From CBS News
Donald Trump is pushing the global economic order to the breaking point.
From Reuters
China has repeatedly vowed to continue to retaliate against American trade restrictions.
From CNN
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The Trump administration's aggressive global tariff regime against imported goods from some of its closest allies has drawn strong reactions across the board.
Women's fencer Stephanie Turner refused to compete against a transgender competitor at a competition this weekend and was punished and escorted out.
2hon MSN
President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on imports from China and 20% on the European Union, among others.
Initial market indications early Wednesday evening were that many investors had expected Trump’s tariffs to be far less expansive.
Trump says his tariff announcements slated for Wednesday will amount to a “Liberation Day” for the U.S. But American businesses and financial markets are unlikely to be freed from the uncertainty generated by his often stop-and-go trade policy.
China has urged the United States to immediately cancel unilateral tariff measures and properly resolve differences with trading partners through equal dialogue, the commerce ministry said on Thursday.
NBC News’ Raf Sanchez in London explains how Europe and the E.U. are reacting to President Trump’s announcement on tariffs.