Trump imposes new tariffs on dozens of partners, sparking fresh market turmoil

Rates on imports to US from dozens of countries rise further, with China hit by 104% tariffsBusiness live – latest updatesThe US and China are heading towards an all-out trade war, as Donald Trump unleashed a new wave of tariffs against dozens of partners that triggered a fresh day of stock market turmoil on Wednesday.The global economy has been rocked since sweeping 10% US tariffs took effect over the weekend, prompting dramatic market sell-offs worldwide and sparking recession fears. Continue reading...

Apr 9, 2025 - 01:15
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Trump imposes new tariffs on dozens of partners, sparking fresh market turmoil

Rates on imports to US from dozens of countries rise further, with China hit by 104% tariffs

The US and China are heading towards an all-out trade war, as Donald Trump unleashed a new wave of tariffs against dozens of partners that triggered a fresh day of stock market turmoil on Wednesday.

The global economy has been rocked since sweeping 10% US tariffs took effect over the weekend, prompting dramatic market sell-offs worldwide and sparking recession fears. Continue reading...

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