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Dismay over US tariffs
Nottingham Post
|April 04, 2025
SWEEPING new tariffs announced by US President Donald Trump provoked dismay, threats of countermeasures and urgent calls for negotiations to make trade rules fairer.
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But responses to the tariffs on Wednesday were measured, highlighting a lack of appetite for an outright trade war with the US.
Mr Trump said the import taxes, ranging from 10% to 49%, would do to US trading partners what they have long done to the US.
"Taxpayers have been ripped off for more than 50 years," he said.
"But it is not going to happen anymore."
Mr Trump's announcement of a 20% tariff on the European Union drew a sharp rebuke from European Commission President Ursula von der Leyen, who said it was a "major blow to the world economy".
This story is from the April 04, 2025 edition of Nottingham Post.
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