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Source: DW News | Published: April 2, 2025, 10:10 p.m.
Trump escalates global trade war with sweeping new tariffs | DW News
Donald Trump has announced a barrage of tariffs against US adversaries - and allies. The president says the move will boost manufacturing and punish other countries for what he says are unfair trade practices. Steps announced today include a 25 percent levy on imported cars. The White House says the tariffs will boost government income by hundreds of billions of dollars. Economists say they could trigger a recession and raise the cost of living for middle-class Americans.
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