Trump announces sweeping global tariffs, sparking a global trade war

US President Donald Trump announced plans for sweeping tariffs Wednesday, saying the US has been “looted, pillaged, raped and plundered” by other nations. He lodged a 10 percent tariff on most goods imported to the US, but slapped much higher levies on friends and foes alike, fuelling a global trade war that could stoke inflation and stall growth.

Apr 3, 2025 - 10:00
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Trump announces sweeping global tariffs, sparking a global trade war
US President Donald Trump announced plans for sweeping tariffs Wednesday, saying the US has been “looted, pillaged, raped and plundered” by other nations. He lodged a 10 percent tariff on most goods imported to the US, but slapped much higher levies on friends and foes alike, fuelling a global trade war that could stoke inflation and stall growth.

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