Trump’s big wager on awaited tariffs: a new era for international trade

Former President Donald Trump’s sweeping decision to impose tariffs on multiple countries has sent shockwaves through global markets and diplomatic circles. Yet, the move was anything but spontaneous. For years,

Trump has voiced his belief that the U.S. has been exploited in international trade, and now, in a bold declaration of “economic independence,” he’s putting those beliefs into policy.

As of Friday night, a 10% tariff now applies to nearly all imports to the United States. Some countries face even steeper penalties — including a 53% tariff on Chinese goods, and a 20% rate on imports from both the European Union and South Korea. This broad move is what Trump has described as a turning point for American industry, one he claims will usher in a new era of prosperity for American workers.

Trump said during a Rose Garden ceremony as he signed the executive order. He warned that the decision would be met with resistance from “globalists” and “special interests,” but urged Americans to have faith in his leadership Read more below

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