Fresh Trump tariffs reshape global trade

Trump’s new “Liberation Day” trade doctrine imposes steep tariffs on allies and rivals, risking higher costs for consumers.

Donald Trump has unleashed a fresh wave of sweeping import taxes, slapping steep tariffs on both allies and rivals as part of his new “Liberation Day” trade doctrine.

Even countries that cut deals to avoid the worst penalties are still paying more, with experts warning it could leave everyone worse off, including American consumers.

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