It’s official: President Donald Trump has announced sweeping tariffs on friends and foes alike, with the minimum rate at 10% and higher versions of between 20% and as much as 49%. Oil prices took a dive after the announcement, predictions of a grim economic future multiplied, and countries around the world vowed to retaliate.
It’s a game of tariffs with a twist: energy imports were exempted from the tariffs. On Wednesday afternoon, President Trump announced a 10% additional levy on most goods that enter the United States. For some trade…Trump’s Tariffs: Trade War Goes Global
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