Brief by Shorts91 Newsdesk / 05:53am on 03 Apr 2025,Thursday International
Former US President Donald Trump unveiled new tariffs—10% on UK imports and 20% on EU imports—claiming "reciprocal tariffs" were necessary. Holding a chart comparing tariffs, he said, "They charge us, we charge them." He accused China, the EU, and India of exploiting the US. Trump also called the trade deficit a "national emergency," warning of risks to national security and industry. He cited concerns over US dependency on foreign electronics and shipbuilding. "Starting tomorrow, the US will implement reciprocal tariffs," he declared, sparking concerns of renewed trade tensions with allies and major global economies. (PC: Reuters)
