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Weary world wonders what comes next...
Irish Daily Star
|April 11, 2025
THE world was last night awaiting Donald Trump's next move after his humiliating tariff U-turn.
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He had earlier announced a 90-day “pause” on trade tax on 75 countries, sparking a partial stock market bounceback following days of panicked selling.
But he upped the ante with China, raising tariffs on all its exports to the US, apparently to 125%.
Adding to the uncertainty, however, US broadcaster CNBC said it had been told by the White House the tariff on China was in fact 145%, as it was on top of a 20% levy already in place.
A 10% levy on most UK exports to the US remains in place, plus a punishing 25% tariff on cars and steel.
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