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Trump's reciprocal tariffs take effect hiking trade levies to 100-year high

Business Standard LogoBusiness Standard1w ago

Trump's reciprocal tariffs take effect hiking trade levies to 100-year high - Business Standard

Quick Summary:

Trump said Tuesday he spoke with the South Korean interim leader Han Duck-soo “about their tremendous and unsustainable Surplus, Tariffs, Shipbuilding” and “large scale purchase” of US liquid natural gas.

For Trump, who has long argued for tariffs as a solution for his trade grievances, this plan will reassert US power, revive domestic manufacturing and extract geopolitical concessions.

All of this, the president and his administration have repeatedly promised, will lead to a future boom, both economically for the US and politically for his party.“We’re going to win the midterm elections, and we’re going to have a tremendous, thundering landslide,” Trump told Republican lawmakers and donors Tuesday.“I really believe that.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 09:56:19 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1342 words

Reading Time: 8 minutes read

Sentences: 51 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 27748007

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 142 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://beamstart.com/news/trumps-reciprocal-tariffs-take-effect-174417388288

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