World leaders strongly reacted to Donald Trump’s sweeping tew tariffs signed on Wednesday. The American president has imposed a baseline 10%tariff on all imports to the United States.
Higher tariff rates will also apply on dozens of nations that run trade surpluses with the United States. The president held up a chart while speaking at the White House, showing the U.S. would charge a 34% tax on imports from China, a 20% tax on imports from the European Union, and 32% on Taiwan.
Trump’s latest move brings the U.S. closer to a global trade war, including with some of its biggest trading partners like the European Union.
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