4.8 • 672 Ratings
🗓️ 7 April 2025
⏱️ 36 minutes
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President Donald Trump’s decision to implement a baseline 10% tariff on all U.S. trading partners and additional, individualized tariffs on dozens of countries has prompted a range of responses from Republicans, Democrats, heads of state, and business leaders across impacted industries. With the individualized duties set to take effect on April 9, some countries have promised retaliatory countermeasures, while others have reportedly begun attempting to negotiate with the Trump administration (the administration has said that it will not postpone the start date). Meanwhile, steep drops in major indexes following the tariff announcement have continued into Monday morning trading.
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