Trump tariffs take effect hiking trade levies to a 100-year high

Quick Summary:

WASHINGTON — United States President Donald Trump’s so-called reciprocal tariffs are now in place, dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade.

Trump said Tuesday he spoke with the South Korean interim leader Han Duck-soo "about their tremendous and unsustainable Surplus, Tariffs, Shipbuilding" and "large scale purchase" of US liquid natural gas.

For Trump, who has long argued for tariffs as a solution for his trade grievances, this plan will reassert US power, revive domestic manufacturing and extract geopolitical concessions.

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Article Details

Category: EconomyBusiness

Markets: ThailandCambodiaCanadaChinaFranceGermanyHong KongIsraelJapanSouth KoreaUnited StatesVietnam

Topics: President Tuesday Trade Tariffs Washington House White China Trump Been

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 12:34:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1453 words

Reading Time: 9 minutes read

Sentences: 60 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Bangkok Post

News ID: 27748916

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