Tag: Tariff increase
Trump proposes 50% tariff on EU, rejects trade deal with bloc
President Donald Trump went on a Twitter rant on Friday, spewing about his frustrations with the European Union and threatening to slap them with a hefty 50% tariff starting June 1. According to Trump,...
China imposes 15% tariffs on select U.S. imports from Feb. 10
China's Announcement of 15% Tariffs on U.S. Imports Sparks Trade TensionsIn a move that shocked the global market, China recently unveiled a series of retaliatory measures against the United States on Tuesday. This announcement...