Donald Trump announces sweeping reciprocal tariffs against ‘friend and foe’ with a 10% minimum 

Quick Summary:

"We’re not taking it anymore," the president said, announcing the U.S.' tariffs would amount to half of trading partners'.

It’s kept the central bank in wait-and-see mode, too, when it comes to interest rates.

Americans are still suffering from exorbitant prices after inflation hit a scorchingly-hot four-decade high almost three years ago.

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Article Details

Author / Journalist: Alena Botros

Category: EconomyBusiness

Markets: United States

Topics: Economy Tariffs White House Tariffs and trade Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 20:55:44 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 413 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 104 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27548535

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 59 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #95

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