President Donald Trump speaks during a ‘Liberation Day’ event in the Rose Garden at the White House on April 2, 2025 in Washington, D.C. Photo: Samuel Corum/Sipa USA via Reuters Connect.

Trump’s higher tariffs hit major US trading partners, sparking defiance and concern

Higher tariffs likely to impact global supply chains and inflation

U.S. President Donald Trump's higher tariffs on imports from dozens of countries kicked in on Thursday, raising the average U.S. import duty to its highest in a century and leaving major trade partners such as Switzerland, Brazil and India hurriedly searching for a better deal.



Photo: Anna Ross/dpa via Reuters Connect

EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals

Trump ratchets tariffs on China even higher; China says it will “follow through to the end”

The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty dutiesless than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.