20 hours Ago By France 24
US President Donald Trump announced plans for sweeping tariffs Wednesday, saying “our country has been looted, pillaged, raped, plundered” by other nations. The aggressive rhetoric came as Trump showed a willingness to dismantle a global economic system that the United States helped to build after World War II. Trump said the US would charge a 34% tax on imports from China, a 20% tax on imports from the European Union, 25% on South Korea, 24% on Japan and 32% on Taiwan.
US President Donald Trump ignited a potentially ruinous trade war Wednesday as he slapped sweeping 10 percent tariffs on imports from around the world and harsh additional levies on key trading partners. Speaking in the White House Rose Garden against a backdrop of US flags, Trump unveiled particularly stinging tariffs on China and the European Union on what he called "Liberation Day." Trump's tariffs triggered immediate anger, with US ally Australia blasting them as "unwarranted" and Italy calling them "wrong," while other countries have already vowed retaliation.
"For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike," Trump said. Read more REPLAY: Trump's full announcement on tariffs For the rest, Trump said he would impose a "baseline" tariff of 10 percent, including another key ally, Britain. (FRANCE 24 with AFP) Read more on FRANCE 24 English Read also: Live: Trump announces 34% tariff on Chinese imports, 20% on EU goods Trump's tariff bazooka: How did the pverious trade war impact the economy?.
