Trump signs sweeping new global tariffs

Фото: ©El.kz/Yerbol Bekbolat /Midjourney
Фото: ©El.kz/Yerbol Bekbolat /Midjourney
03.04.2025 10:25
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President Donald Trump declared a US economic emergency and announced tariffs of at least 10% across all countries with rates even higher for 60 countries or trading blocs that have a high trade deficit with the US, El.kz cites CNN.
• China hit hardest: China, the second top exporter to the US behind Mexico, will now face a 54% tariff and has threatened countermeasures. The EU is also preparing countermes.
• Global markets rattled: After - hours US stock markets fell sharply, as did Asian markets, after the tariff announcement. And gold hit a new record high as investors seek safer investments. Leading economist told CNN they feared the tariffs could lead to a global recession.
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