Tariff war: US average duty hits 20.1%, highest since 1910s; WTO...

Dununu.com Dununu

Sponsorizzato

Tariff war: US average duty hits 20.1%, highest since 1910s; WTO & IMF warn of global trade rollback

RSS Feed Business

Posted

76

The US average tariff rate has surged to 20.1%, marking its highest sustained level since the 1910s, driven by President Trump's pursuit of "reciprocal" trade. This increase, particularly targeting Chinese goods, reverses decades of trade liberalization. Trump defends the tariffs, citing positive impacts on the stock market and national revenue, while warning against judicial reversals that could trigger economic collapse.

Read Full Article

Effettua l'accesso per mettere mi piace, condividere e commentare!

Farah spotted Arjun’s acting spark while shooting Salman's film

Farah Khan recalled the time she realised Arjun Kapoor's potential. It was during a trip to the...

By 0 2

"I don’t want you to just be smart," says Nvidia CEO Jensen Huang as he shares essential lessons for students

By 0 13

Koshi, Bagmati provinces may see heavy rain today

KATHMANDU: The monsoon’s low-pressure trough is currently positioned slightly north of its...

By 0 12

WTC glory needs specialists, not stopgaps — Gambhir must rethink his Test approach

Under Gautam Gambhir, India have played 15 Test matches, winning five and losing eight, including...

By 0 34

Trump and Putin to hold Ukraine war talks in Alaska next Friday

WASHINGTON DC: US President Donald Trump announced that he will meet with Russian President...

By 0 40