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White House, Donald Trump and Tariffs

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Yahoo |
“In a few moments, I will sign a historic executive order instituting reciprocal tariffs on countries throughout the world,” Trump said in his speech.
CNN |
President Donald Trump declared a US economic emergency and announced tariffs of at least 10% across all countries, with rates even higher for 60 countries or trading blocs that have a high trade defi...
CNN |
The simple calculation used by the Trump administration could have broad implications for countries America depends on for goods — and the global companies that supply them.

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How the White House Calculated Its ‘Reciprocal’ Tariffs on Imports
The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S. “discounted reciprocal” tariff rate. So, while South Korea imposes an effective tariff rate of .79 percent on U.S. goods, the reciprocal tariff rate the U.S. is imposing on South Korea is 25 percent.
White House Official Explains Why Russia Isn't On Donald Trump's New Tariffs List
Donald Trump’s new trade crackdown had one eyebrow-raising omission: Russia. The absence of Russia on the president’s new list of countries that he’ll hit with steep tariffs did not go unnoticed on social media.
Trump to announce tariffs today: What to know about White House press conference
President Donald Trump is scheduled to announce significant tariffs on other countries in a speech Wednesday afternoon at the White House.
Stocks in major decline as Trump’s tariffs spark global trade war
Former President Donald Trump unveiled sweeping new tariffs as he continues to move ahead with his domestic and foreign policy agenda. Follow here for the latest live news updates.
Trump stokes trade war as world reels from tariff shock
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
Why Trump's tariffs aren't really reciprocal
Donald Trump has chosen to impose a wide range of different tariffs on other countries. But how did he come up with the particular figures? Ben Chu from BBC Verify has been taking a look.
This is the dubious way Trump appears to have calculated his ‘reciprocal’ tariffs
President Donald Trump’s massive tariffs announced on dozens of nations Wednesday were pitched as “reciprocal,” matching what other countries charge the United States dollar for dollar, even taking into account non-tariff barriers like value-added taxes and other such measures.
Trading Day: Trump is on fire, global markets tariffied
Making sense of the forces driving global markets. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.
The Trade War Begins
That chart started a trade war against the rest of the world. The levies will total 10, 20 and even 50 percent, depending on the country. “Many people had been expecting the president to announce high tariffs today,

Trump, Tariffs and stock market

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Chicago Tribune |
“The markets are going to boom, the stock is going to boom, the country is going to boom,” he said when asked about the market as he left the White House to fly to one of his Florida golf clubs.
Bloomberg L.P. |
Trump announced the steepest American tariffs in more than a century, with a 10% tariff on all exporters to the US and even higher duties on some 60 nations.

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Donald Trump Faces Growing Republican Pushback Over Tariffs
GOP Senator Thom Tillis of North Carolina has indicated he could support legislation introduced by Senators Chuck Grassley and Maria Cantwell, a Republican and Democrat respectively, which would reassert congressional control over tariff policy.
President Donald Trump says things are ‘going very well’ after worst stock market drop in years over tariffs
President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it’s going very well.”
The Latest: Trump’s Tariffs Slam World Markets in the Biggest Blow Since the Pandemic Hit in 2020.
Asian shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummeled world markets in 2020
Trump Announces Sweeping New Tariffs. What’s Next
Trump imposed the steepest US tariffs in more than a century, stepping up his campaign to reshape global trade.
Trump's tariffs stoke global trade war as China, EU vow response
President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.
Trump tariffs tip world into trade war abyss
Donald Trump is pushing the global economic order to the breaking point. Unveiling new tariffs on Wednesday, the president said that he was being “kind” by only raising levies to half the level that his administration reckons peers place on U.
White House fact sheet accompanying Trump's new tariff orders
President Donald Trump on Wednesday unveiled sweeping global tariffs of at least 10% on goods imported from most U.S. trading partners.
White House Promises ‘No Pain’ From Tariffs—Tells Wall Street ‘Trust In President Trump’ As Stocks Tumble
Vice President JD Vance acknowledged the economic upsides of Trump’s tariffs won’t “happen immediately,” however.
Trump appears at White House ceremony to announce new tariffs
U.S. President Donald Trump appeared at the White House Rose Garden on Wednesday for a "Liberation Day" ceremony where he is expected to announce sweeping tariffs that could escalate a trade war and upend the global economy.
What time is Trump's tariffs announcement today? Watch live as president speaks at White House
President Donald Trump is set to announce his global tariffs plan Wednesday at an event at the White House Rose Garden.
Trump's upcoming tariffs 'will be effective immediately,' White House says
Trump's reciprocal tariffs follow other import duties he has already announced, including tariffs on goods from Canada and Mexico and industry-specific tariffs.
President Trump decides size of tariffs, still 'perfecting' final plan, White House says
President Trump has made up his mind on the size of upcoming sweeping reciprocal tariffs and is "perfecting" the final details, the White House said.
White House says Trump will go ahead with tariffs as nervous world awaits trade war
The White House confirmed on Tuesday that President Donald Trump will impose new tariffs on Wednesday, though it provided no details about the size and scope of trade barriers that have businesses, consumers and investors fretting about an intensifying global trade war.
The simple math behind Trump’s tariffs: How the White House calculated the new rates and why it’s not reciprocal at all
The math behind Donald Trump’s sweeping and allegedly “reciprocal” tariffs may actually be simpler than it seems.With the help of a large chart, the president unveiled his latest wave of tariffs Wednesday on what he called “Liberation Day.
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