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Trump Tariffs has Countries ready to retaliate?
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<blockquote data-quote="Box Ox" data-source="post: 6097218" data-attributes="member: 48469"><p>[URL unfurl="true"]https://www.wsj.com/livecoverage/trump-tariffs-trade-war-markets-04-05-25[/URL]</p><h3><span style="font-size: 18px">Trump Tariffs Take Effect</span></h3><h3><span style="font-size: 18px">Shockwaves ripple through global markets on fears of an escalating trade war.</span></h3><p></p><p>"Businesses and investors are bracing for the fallout from new tariffs on <a href="https://www.wsj.com/livecoverage/trump-tariffs-trade-war-markets-04-05-25/card/what-to-know-about-trump-s-new-global-tariffs-BPrWJiy0qpUYNCk9pLDo" target="_blank">just about everything</a> the U.S. imports, <a href="https://www.wsj.com/livecoverage/trump-tariffs-trade-war-markets-04-05-25/card/trump-s-10-baseline-global-tariff-takes-effect-7SCw3tvMsjRFMSRRnMfL" target="_blank">which took effect</a> at 12:01 a.m. Saturday.</p><p></p><p>The 10% tariffs, which President Trump announced this week, apply to nearly all nations. Tariffs will then increase on April 9 for certain nations targeted by the White House.</p><p></p><p>After the tariff announcement was made, Wall Street was plunged into a two-day rout <a href="https://www.wsj.com/livecoverage/trump-tariffs-trade-war-markets-04-05-25/card/in-market-rout-there-was-nowhere-to-hide-omgImHqB8zfUrDHnVMEw" target="_blank">that erased $6.6 trillion</a> in stock-market value.</p><p></p><p>Some nations have already retaliated with new tariffs on U.S. goods. <a href="https://www.wsj.com/livecoverage/trump-tariffs-trade-war-markets-04-05-25/card/china-files-complaint-with-wto-rBISQNMHB7wkTWEef4Tc" target="_blank">China</a>, the U.S.’s third-largest trading partner, said it would impose a 34% tariff on U.S. goods starting Monday, and the European Union has planned retaliatory tariffs as well. Vietnam, however, has offered to lower its own tariffs on U.S. goods to zero, Trump said Friday, in an attempt to get a reduction in the 46% tariff he has planned for the <a href="https://www.wsj.com/livecoverage/trump-tariffs-trade-war-markets-04-05-25/card/manufacturers-in-vietnam-are-on-edge-rLtLRNuJeUnwLNNvMfGp" target="_blank">rising manufacturing economy</a>. It remains unclear, however, how the White House will respond to offers from foreign governments."</p></blockquote><p></p>
[QUOTE="Box Ox, post: 6097218, member: 48469"] [URL unfurl="true"]https://www.wsj.com/livecoverage/trump-tariffs-trade-war-markets-04-05-25[/URL] [HEADING=2][SIZE=5]Trump Tariffs Take Effect[/SIZE][/HEADING] [HEADING=2][SIZE=5]Shockwaves ripple through global markets on fears of an escalating trade war.[/SIZE][/HEADING] "Businesses and investors are bracing for the fallout from new tariffs on [URL='https://www.wsj.com/livecoverage/trump-tariffs-trade-war-markets-04-05-25/card/what-to-know-about-trump-s-new-global-tariffs-BPrWJiy0qpUYNCk9pLDo']just about everything[/URL] the U.S. imports, [URL='https://www.wsj.com/livecoverage/trump-tariffs-trade-war-markets-04-05-25/card/trump-s-10-baseline-global-tariff-takes-effect-7SCw3tvMsjRFMSRRnMfL']which took effect[/URL] at 12:01 a.m. Saturday. The 10% tariffs, which President Trump announced this week, apply to nearly all nations. Tariffs will then increase on April 9 for certain nations targeted by the White House. After the tariff announcement was made, Wall Street was plunged into a two-day rout [URL='https://www.wsj.com/livecoverage/trump-tariffs-trade-war-markets-04-05-25/card/in-market-rout-there-was-nowhere-to-hide-omgImHqB8zfUrDHnVMEw']that erased $6.6 trillion[/URL] in stock-market value. Some nations have already retaliated with new tariffs on U.S. goods. [URL='https://www.wsj.com/livecoverage/trump-tariffs-trade-war-markets-04-05-25/card/china-files-complaint-with-wto-rBISQNMHB7wkTWEef4Tc']China[/URL], the U.S.’s third-largest trading partner, said it would impose a 34% tariff on U.S. goods starting Monday, and the European Union has planned retaliatory tariffs as well. Vietnam, however, has offered to lower its own tariffs on U.S. goods to zero, Trump said Friday, in an attempt to get a reduction in the 46% tariff he has planned for the [URL='https://www.wsj.com/livecoverage/trump-tariffs-trade-war-markets-04-05-25/card/manufacturers-in-vietnam-are-on-edge-rLtLRNuJeUnwLNNvMfGp']rising manufacturing economy[/URL]. It remains unclear, however, how the White House will respond to offers from foreign governments." [/QUOTE]
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