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Clock ticks on US tariff hikes as Trump broadens blitz
Clock ticks on US tariff hikes as Trump broadens blitz
by  AFP

Time is running short for governments to strike deals with Washington to avert tariff hikes that Donald Trump has vowed against dozens of economies -- and the US president continues to expand his trade wars. This rate was set to rise to varying levels for dozens of economies like the European Union, Japan and others, but Washington twice postponed their implementation as financial markets gyrated.

Trump says US to impose 15% tariff on South Korean goods
Trump says US to impose 15% tariff on South Korean goods
by  AFP

President Donald Trump said Wednesday that the United States will impose a 15 percent tariff on imports from South Korea, as he touted a "full and complete trade deal" between both countries. In contrast with the 15 percent tariff for South Korea, Trump on Wednesday also placed 25 percent tariffs on imports from India and 50 percent on those from Brazil.

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