A NEW TRADE WAR? Understanding Trump’s reciprocal tariffs

Quick Summary:

President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades.

The "reciprocal’’ tariffs that he announced Thursday are likely to create chaos for global businesses and conflict with America’s allies and adversaries alike.

The higher foreign tariffs that Trump complains about weren’t sneakily adopted by foreign countries.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Paul Wiseman & Christopher Rugaber / The Associated Press

Category: BusinessStartups

Markets: PhilippinesBrazilCanadaChinaGermanyGreenlandIndiaMexicoUkraineUnited StatesUruguay

Topics: Trump’s Foreign Tariffs Countries Tariff Trade American Trump Taxes Percent Other

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-16 @ 16:00:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1473 words

Reading Time: 9 minutes read

Sentences: 66 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © Business Mirror

News ID: 26198145

View Article Analysis

About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Year Established: 2005

Headquarters: Philippines

News Last Updated: 3 days ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

Frequently Asked Questions