US President Donald Trump has announced a sweeping set of new tariffs targeting countries that export products to the United States. The announcement includes a significant 34 percent tariff on imports from China and a 20 percent tariff on goods from the European Union. The White House stated that the tariffs are designed to be ''reciprocal'', aiming to address what it views as unfair trade practices. Rahul Tandon gets reactions on the potential impact of these tariffs.
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Trump's tariffs "Liberation Day" arrives
Global leaders are warning of the negative impact across the world ahead of Donald Trump's sweeping new tariffs – expected to be announced later.
The White House says President Trump wants to improve American competitiveness in what it's calling "liberation day". Analysts say US importers would be likely to pass on the costs to consumers, leading to higher prices.
Andrew Peach will hear from our correspondents from around the world and how people are waiting for Trump’s announcement and speak to experts.
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What do we know about ‘Liberation Day’ tariffs?
What do we know about Donal Trumps ‘Liberation Day’ tariffs? On Wednesday Trump will announce the tariffs the US will impose on its trading partners
Argentina’s poverty rate has fallen dramatically. Argentinien journalist Fermin Koop tells us more
And Paul Mescal and Barry Keoghan have been confirmed as part of the all-star line-up who will play members of the Beatles in four major new films about the band
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Vietnam seeks deal with US amid Trump's tariff threats
With President Donald Trump set to announce a wide range of new tariffs on Wednesday, Andrew Peach takes a closer look at Vietnam, where the government is not adopting a tough stance but is instead aiming to strike a deal. We also examine how the war in Ukraine has accelerated advancements in defence technology in Finland. Plus, why soaring gold prices are good news for South Africa.
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Businesses prepare for Trumps ‘Liberation Day’
Businesses prepare for Trumps ‘Liberation Day’ as the United States heads towards massive introduction of import taxes later this week
Japan is one of the US’s biggest investors. How will they cope with tariffs? We hear from Stephen Nagy Professor at the International Christian University in Tokyo.
We also hear from Cleveland-Cliffs steel, a US steel company that supports the implementation of tariffs