Trump said Wednesday he’ll apply a minimum 10% tariff on all exporters to the US. Displaying a chart, he indicated that dozens of countries with the largest trade imbalances will face even higher rates, with China and Vietnam at the top of that list. (Here’s your guide to what reciprocal tariffs are.)
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First-quarter vehicle deliveries fell well short of already weakened estimates, writes Liam Denning.
Bloomberg Live Q&A
Trump’s Reciprocal Tariffs Are Here. Who Wins and Loses?
April 3 at 11 a.m. EDT
Bloomberg Live Q&A Trump’s Reciprocal Tariffs Are Here. Who Wins and Loses?
April 3 at 11 a.m. EDT
Reciprocal tariffs have sparked fears of a US recession and a global slowdown, as well as the end of a post-war order. How are governments preparing and how are markets reacting? Join us for a Live Q&A on Thursday, April 3 at 11 a.m. EDT, where Bloomberg.com subscribers get exclusive access to ask our team questions during the broadcast. Become a subscriber today at 50% off to join the conversation.
What are the roots of Trump’s global trade war? We discuss whether the countries in the firing line of America’s latest tariffs should have seen this coming.