Trump starts ticking the clock for new tariffs, re-escalating trade war amid ongoing negotiations
US President Donald Trump could re-impose ‘reciprocal’ tariffs on some countries in two to three weeks, potentially re-escalating the global trade war that has already raised fears of a US and global recession. Trump paused reciprocal tariffs on most countries on April 9, a week after imposing sweeping tariffs on almost all nations as part of his Liberation Day announcement on April 2.
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