
Marium Ali
Articles
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2 weeks ago |
aljazeera.com | Mohammed Haddad |Marium Ali
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3 weeks ago |
aljazeera.com | Marium Ali |Hanna Duggal
The United States buys $235.6bn more in goods than it sells to the 27 countries that make up the European Union (EU). That $236bn gap, known as the trade deficit, is something US President Donald Trump wants to reduce. In an effort to close the gap, on April 2 the US imposed a 20 percent tariff on goods imported from the EU, aimed at reducing European exports to the US and encouraging domestic production. In addition, the EU faces a 25 percent US tariff on steel, aluminium and cars.
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1 month ago |
aljazeera.com | Sarah Shamim |Hanna Duggal |Marium Ali
Trump’s reciprocal tariffs range from 10 percent to more than 50 percent on the US’s trading partners.
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1 month ago |
aljazeera.com | Hanna Duggal |Marium Ali
United States reciprocal tariffs take effect on Wednesday, April 2, with President Donald Trump warning on Sunday that " all countries " will be affected. At the same time, Trump on Monday said that compared with tariffs imposed by other countries on US imports, what he would announce would be relatively " kind ". Trump has described April 2 as " Liberation Day " for US trade. Yet, details of his Fair and Reciprocal Plan have remained vague. What is the Fair and Reciprocal Plan?
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2 months ago |
msn.com | Hanna Duggal |Marium Ali
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