Trump says US prices ‘could go up’ as he threatens new tariffs on trade partners
President says US will impose ‘reciprocal’ duties but no new specific tariffs are announced
Donald Trump threatened to ramp up his economic assault on some of America’s biggest trading partners on Thursday, vowing to impose new tariffs on countries that target products made in the US within weeks.
The US will impose “reciprocal” duties, the president announced. “We want a level playing field,” he declared in the Oval Office, pledging to roll out a “beautiful, simple system” of new US import duties that match those imposed by other countries.
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Trump signs memo to determine reciprocal tariffs on US trading partners
Trump signed a memo calling on his administration to determine "the equivalent of a reciprocal tariff with respect to each foreign trading partner."ABC News - 49m -
Trump threatens reciprocal tariffs in bid to "ensure fairness" on trade
America's trading partners keep their markets to closed to U.S. exports, White House says in ordering up plan to impose global tariffs.CBS News - 1h -
Donald Trump plans reciprocal tariffs on US trading partners
White House says levies will first target countries that the US has the highest trade deficits withFinancial Times - 3h -
Trump threatens U.S. trading partners and allies with reciprocal tariffs
President Donald Trump signed a memorandum Thursday calling for "fair and reciprocal" trade tariffs on all major U.S. trading partners, including longtime allies.NBC News - 2h -
Mitch McConnell says Trump's trade war will raise prices: 'Tariffs are bad policy'
Mitch McConnell and Donald Trump have had a rocky relationship since their falling out over Trump's loss to Joe Biden in the 2020 presidential election.CNBC - 1d -
Coca-Cola says Trump tariffs could force it to increase use of plastic in US
Introduction of 25% tariffs on steel and aluminium imports could push up canned food and drink prices. Coca-Cola has said it may have to increase its use of plastic in the US if Donald Trump’s ...The Guardian - 1d -
Trump's steel tariffs could trigger broader trade war as EU threatens 'proportionate countermeasures'
European Commission President Ursula von der Leyen said U.S. tariffs "will not go unanswered."CNBC - 2d -
How Trump’s tariffs could impact the price of gold
Tariffs aren’t necessarily bullish for the yellow metal.MarketWatch - 3d -
Trump says he will announce new tariffs on aluminum, steel imports on Monday
President Trump also said he would announce "reciprocal tariffs" on Tuesday or Wednesday.CBS News - 3d
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