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Sweeping Trump Tariffs Draw Global Dismay

The Statesman Siliguri

|

April 04, 2025

'Nobody wins in a trade war, that is not in our national interest,' UK Prime Minister Kier Starmer has said

- ASSOCIATED PRESS

Sweeping new tariffs announced by American President Donald Trump provoked dismay, threats of countermeasures and urgent calls for talks to find ways to rescind the stiff new import taxes imposed on goods from countries around the globe. But responses Thursday were measured, highlighting a lack of appetite for an outright trade war with the world's biggest economy.

Trump said Wednesday the import taxes, ranging from 10 per cent to 49 per cent, would do to American trading partners what they have long done to the USA. He maintains they will draw factories and jobs back to the United States.

"Taxpayers have been ripped off for more than 50 years," he said. "But it is not going to happen anymore."

Trump's announcement of a new 20 per cent 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."

"The consequences will be dire for millions of people around the globe," von der Leyen said.

Groceries, transport and medicines will cost more, she said while visiting Uzbekistan. "And this is hurting, in particular, the most vulnerable citizens."

MEER VERHALEN VAN The Statesman Siliguri

The Statesman Siliguri

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Following the tragic suicide by a 26-year-old female doctor in Satara after being repeatedly raped by a police officer and being pressurised by an MP to falsify medical reports of accused in jail, there has been a wave of anger in the medical fraternity over the issue.

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The Statesman Siliguri

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time to read

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The Rohit-Kohli show gets India home for one 'final' time in Australia

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time to read

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The Statesman Siliguri

Montha: Bay depression to turn into storm Monday

The depression in the Bay of Bengal will intensify into a deep depression and later into cyclone Montha early on 27 October, bringing heavy rain across Tamil Nadu and coastal Andhra Pradesh.

time to read

1 min

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The Statesman Siliguri

Direct flights between India, China after 5 years to boost bilateral trade

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time to read

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The Statesman Siliguri

Illegal commercial complex razed in Meerut on SC orders

A 35-year-old commercial complex, built illegally on a plot originally allotted for residential purposes, has been demolished here on the directive of the Supreme Court.

time to read

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El Clásico showdown: Real Madrid and Barcelona clash at the Bernabéu in a title-defining battle of pride and revenge

Sunday's encounter between Real Madrid and Barcelona is far more than a routine league fixture ~ it’s the iconic ElClasico, and the stakes could hardly be higher.

time to read

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Law Ministry, National Archives begin preservation of 25-year-old records

The Ministry of Law and Justice has started working with Director General, National Archives of India (NAI) for the transfer and preservation of departmental records/files that are more than 25 years old, an official said on Saturday.

time to read

1 min

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