Michelle Martin
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Starting this weekend, Trump plans to charge a minimum 10% tax on virtually all foreign goods coming into the U.S., with imports from dozens of countries facing much higher levies. Speaking in the White House Rose Garden yesterday, Trump said the tariffs would help spark a rebirth of American industry.
Starting this weekend, Trump plans to charge a minimum 10% tax on virtually all foreign goods coming into the U.S., with imports from dozens of countries facing much higher levies. Speaking in the White House Rose Garden yesterday, Trump said the tariffs would help spark a rebirth of American industry.
Early reaction to the president's move has been mostly negative. Stock futures fell sharply overnight. The European Union has threatened countermeasures. And other U.S. trading partners are expected to retaliate with tariffs of their own on U.S. exports.
Early reaction to the president's move has been mostly negative. Stock futures fell sharply overnight. The European Union has threatened countermeasures. And other U.S. trading partners are expected to retaliate with tariffs of their own on U.S. exports.
Early reaction to the president's move has been mostly negative. Stock futures fell sharply overnight. The European Union has threatened countermeasures. And other U.S. trading partners are expected to retaliate with tariffs of their own on U.S. exports.
We have more now on the international response to President Trump's sweeping new tariffs. It's been swift.
We have more now on the international response to President Trump's sweeping new tariffs. It's been swift.
We have more now on the international response to President Trump's sweeping new tariffs. It's been swift.
For more on this, we turn to Beijing now with NPR's John Ruich. John, good morning. Good morning. How have global markets taken the news?
For more on this, we turn to Beijing now with NPR's John Ruich. John, good morning. Good morning. How have global markets taken the news?
For more on this, we turn to Beijing now with NPR's John Ruich. John, good morning. Good morning. How have global markets taken the news?
And what about governments? How are governments around the world reacting?
And what about governments? How are governments around the world reacting?
And what about governments? How are governments around the world reacting?
What about in China where you are? What's been the reaction there?
What about in China where you are? What's been the reaction there?
What about in China where you are? What's been the reaction there?
Thank you, John.
Thank you, John.
Thank you, John.