Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars
President Donald Trump has announced a dramatic expansion of U.S. tariffs, imposing a 10% baseline tax on all imports and significantly higher rates on key trade partners, including China (34%) and the European Union (20%). The move, framed as a bid to revive American manufacturing and correct trade imbalances, has sent shockwaves through global markets, … Read more