On what he dubbed “Liberation Day,” US President Donald Trump imposed sweeping new “reciprocal” tariffs on several countries. Trump accused the EU of “ripping off” the US, slapping 20% tariffs on the bloc.
- US President Donald Trump imposed sweeping new “reciprocal” tariffs
- The US has imposed a 20% tariff on EU imports
- China, South Korea, Brazil, Poland, Australia and Switzerland have all reacted with dismay as several countries ponder over a response
- European stocks fall as investors get nervous ahead of possible global trade war
