- (BBC News) President Donald Trump announced a universal 10% tariff on imports into the US in a watershed moment for global trade.
- The US will hit certain countries with much steeper tariffs, as high as 50%.
- Trump says the UK will have a 10% tariff on goods, and the EU’s rate will be 20%
- In his announcement at the White House’s Rose Garden, Trump calls it “liberation day”, and says it will start a “golden age” for America.
- The president hit out at major trade partners Canada and Mexico, saying their trade practices are “not fair”.
- Trump also announced that the 25% tariff on all foreign-made vehicles will begin from midnight local time.
https://www.bbc.com/news/live/c1dr7vy39eet
