Five key takeaways from Trump’s ‘Liberation Day’ reciprocal tariffs
Al Jazeera
US President Donald Trump has further escalated a trade war, announcing reciprocal tariffs on all countries.
President Donald Trump has announced a series of sweeping tariffs against trade partners, describing April 2 as “Liberation Day” and arguing that the punitive steps would bring industry and jobs back to the United States by fighting against what he claims are unfair duties imposed by others on US goods.
Trump’s latest tariffs, announced on Wednesday, coupled with a series of similar moves since he returned to office on January 20, mark the most dramatic escalation in US tariffs in almost a century.
Several nations have said they would retaliate, raising the risk of a global trade war marked by tit-for-tat tariffs.
Here are the key takeaways from the latest round of US tariff announcements:
Trump has, in effect, blown up the global trading system that has stood for more than 75 years and that was based on the premise that encouraging free trade was ultimately advantageous to all nations.
Families face flooded tents, sewage, extreme overcrowding, and deepening hardship amid ongoing displacement.
The US has rolled back a series of restrictive economic sanctions put in place during the rule of Bashar al-Assad.
Death of 21-year-old raises alarm as rights groups document systematic torture in detention facilities.
As rebels push into Uvira, soldiers flee towards neighbouring Burundi, alongside thousands of civilians.
US President Trump says he will make phone calls to stop renewed fighting after mediating a ceasefire in October.
Ukrainian leader responds to US President Trump’s suggestion that he is using the war as an excuse to avoid elections.
Seoul’s Joint Chiefs of Staff said Russian, Chinese planes entered its air defence zone during the joint exercise.
CAIR says Florida governor’s decree will not affect the group’s work but could fuel Islamophobia and bigotry across US.
Donald Trump renews criticism of London’s Mayor Khan, citing immigration and governance issues.
Both sides have decided to continue the fighting, as the Thai navy launches an operation to expel Cambodian troops.
Sundus was not lucky enough for the world to condemn her shooting or even to get proper medical care.
Israeli forces in Gaza were responsible for 40 percent of journalist deaths, and jailed huge numbers also.
Cambodia says Thailand’s military resumed attacks on Tuesday morning in border regions, killing at least two people.