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Trump auto tariffs Japan, South Korea, Germany exposed amid USMCA exemption for Canada and Mexico
Reports

Trump auto tariffs Japan, South Korea, Germany exposed amid USMCA exemption for Canada and Mexico

Donald Trump's so-called Liberation Day coincided with previously announced 25% tariffs on imported cars taking effect. His latest tariff salvo delivered worse-than-expected news (especially for Asian economies) and unnerved global markets.
Visualizing the quirks of US Liberation Day tariff methodology
Reports

Visualizing the quirks of US Liberation Day tariff methodology

Donald Trump announced his "Liberation Day" schedule of tariffs on 180 countries and territories on April 2 to some confusion -- especially a table he presented titled "Tariffs Charged to the U.S.A. including Currency Manipulation and Trade Barriers."