TOI explainer: The math behind Donald Trump’s 104% tariffs on China
Wednesday, 9 April 2025 Donald Trump's new "reciprocal" tariffs, now at 104% on Chinese goods, have triggered a global trade war, disrupting markets and sparking recession fears. This layered tariff approach, starting with duties related to fentanyl and escalating with retaliatory measures, has sent stock markets plummeting and is expected to raise consumer prices.
Former President Donald Trump is threatening tariffs—and possibly sanctions—against Mexico, accusing the country of “stealing water” from Texas farmers. Citing the 1944 Water Treaty, Trump claims Mexico owes Texas 1.3 million acre-feet of water and is hurting local agriculture. He slammed the...
Smartphones and computers, including from China, exempt from new tariffs imposed by Trump
Smartphones and computers, as well as other electronic devices and components, including semiconductors,..
Credit: euronews (in English) Duration: 01:00Published
As Donald Trump hikes tariffs on Chinese goods to an unprecedented 145%, China appears to be outmaneuvering Washington through clever supply chain rerouting. Chinese exports are increasingly flowing..
President Trump’s new tariff plan includes a 10% universal tariff on imports, followed by country-specific tariffs. China faces the highest tariffs, up to 54%.... IndiaTimes
Wednesday, 9 April 2025
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