On April 2, 2025, President Donald Trump announced sweeping tariff changes that are already reshaping global trade dynamics. Dubbed “Liberation Day”, these new measures introduce universal tariffs and reciprocal duties, sparking strong reactions from businesses and governments worldwide. Key Tariff Changes Universal 10% Tariff A 10% blanket tariff now applies to all imports entering the…
The international trade landscape took a dramatic turn on April 3, 2025, as the United States implemented sweeping tariff changes that are already sending shockwaves through global markets. These new measures, spearheaded by President Donald Trump, aim to reshape trade relationships and bolster domestic industries, but not without controversy. Key Tariff Changes Universal 10% Tariff…