Trump’s SUDDEN Tariff Shakeup Sends Shockwaves—Global Trade Partners Scramble for Clarity |Trade War
Video Credit: Oneindia - Duration: 03:22s - Published
Trump’s SUDDEN Tariff Shakeup Sends Shockwaves—Global Trade Partners Scramble for Clarity |Trade War
President Donald Trump has announced a new minimum tariff policy, confirming that the U.S. will impose a baseline of at least 10% tariffs on imports, with some potentially rising much higher.
During his address, Trump mentioned a “wonderful deal” finalized recently and said that four to five more trade agreements are expected soon.
While noting a possible exception in the future, Trump emphasized the permanence of this 10% floor.
The announcement comes as part of his broader economic strategy to protect American industries and pressure foreign nations into fairer trade arrangements.
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Harvard University President Alan Garber took a pointed jab at Donald Trump during his commencement address to the Class of 2025, winning a standing ovation after praising students “from around the world.” The remark came just days after the Trump administration attempted to revoke Harvard’s certification to admit international students and canceled $100 million in federal contracts. Garber’s subtle but sharp dig underscored Harvard’s defiance amid growing political hostility and reaffirmed the university’s commitment to global inclusion and academic freedom.
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