💨 Abstract

US President Donald Trump announced sweeping new tariffs on imports from various global countries, including a 34% tariff on China. Major economies reacted with criticism, urging Washington to reconsider, warning of potential harm to the global economy, and preparing for countermeasures. The EU, Japan, India, UK, and others expressed concerns about the tariffs' compliance with international trade rules and their potential negative impact on their respective industries.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖