Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
US Finalising Reciprocal Tariffs As Trade War Fears Mount
The Straits Times
|February 13, 2025
Announcement May Come Later In The Week But Structuring The Tariffs Is A Big Challenge
-
WASHINGTON - US President Donald Trump's trade advisers were finalising plans on Feb 12 for the reciprocal tariffs he has vowed to impose on every country that charges duties on US imports, ratcheting up fears of a widening global trade war.
Mr Trump stunned markets with his decision on Feb 10 to impose tariffs on all steel and aluminium imports beginning March 12.
The plans drew condemnation from Mexico, Canada and the European Union, while Japan and Australia said they were seeking exemptions from the duties.
The news sent industries reliant on steel and aluminium imports scrambling to offset an expected jump in costs.
Last week, Mr Trump slapped an additional 10 per cent tariff on Chinese goods, effective from Feb 4, with Chinese countermeasures taking effect this week.
He delayed a 25 per cent tariff on goods from Mexico and Canada for a month until March 4 to allow negotiations over steps to secure US borders and halt the flow of fentanyl.
Cette histoire est tirée de l'édition February 13, 2025 de The Straits Times.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Straits Times
The Straits Times
Back to The Grind on screen
Actors Chantalle Ng and Richie Koh reunite to play a couple working in the same company in the corporate drama
3 mins
December 20, 2025
The Straits Times
MAX HAS GOAL AFTER GOLD
S'pore kitefoiler ready for 2026 challenges, which includes reclaiming world c'ship title
3 mins
December 20, 2025
The Straits Times
3 doors, 4 wheels, many personalities
The Mini JCW Cooper 3Dr offers fun and finesse with style and substance
3 mins
December 20, 2025
The Straits Times
Cavaliers wary of Bulls' Giddey in 'rematch'
The Bulls held serve in Chicago, winning the first half of their back-to-back against the Cleveland Cavaliers behind a triple-double from Josh Giddey on Dec 17.
2 mins
December 20, 2025
The Straits Times
Suspected gunman in Brown University mass shooting found dead
The suspect in last weekend’s mass shooting at Brown University is dead from a self-inflicted gunshot wound, with investigators certain that he also killed a Massachusetts Institute of Technology (MIT) professor two days later, officials said on Dec 18.
2 mins
December 20, 2025
The Straits Times
Baht rallies to 3-year high against Singdollar
But Thailand's slowing growth, fiscal policies and political uncertainty may curb currency's rise: Experts
3 mins
December 20, 2025
The Straits Times
Co-op doctors and social workers join forces for more seamless care
Three-month pilot will see them collaborate through referrals, co-management of cases
3 mins
December 20, 2025
The Straits Times
Indonesian pro-government parties open to scrapping direct regional elections
Political parties behind President Prabowo Subianto's administration are open to his suggestion of scrapping the current system of direct elections for regional heads.
3 mins
December 20, 2025
The Straits Times
Knife-wielding attacker kills three in Taipei, dies during police chase
Three people were killed and five injured when a knife-wielding attacker went on a rampage in central Taipei on Dec 19, before dying during a police chase after falling from a building, the Premier said.
1 min
December 20, 2025
The Straits Times
Police probing case of man injured near Tampines MRT station
The police are investigating an incident that left a man injured near Tampines MRT station on the evening of Dec 19.
1 mins
December 20, 2025
Listen
Translate
Change font size