US President Donald Trump has announced new global tariffs in what he has termed “Liberation Day”.
From 10% on UK up to 34% on China, Trump’ tariffs will have a world-wide impact with the European Union calling it “a major blow to world economy”.
China appears to be the hardest affected. On top of tariffs already in place, China now faces 50% taxes on exports to the US.
One interesting omission from Trump’s list is Russia. It has escaped his list. A major news outlet described that as “interesting”.
