Taiwanese President William Lai Ching-te is pushing for zero tariffs and deeper trade cooperation with the United States in response to new tariffs announced by President Donald Trump. Trump’s move slapped a 32% tariff on nearly all Taiwanese exports except semiconductors, sparking sharp criticism from Taipei and setting the stage for major shifts in U.S.-Taiwan trade policy.
President Donald Trump announced that the U.S. will impose an additional 50% tariff on goods imported by China unless it withdraws its retaliatory duties.
President Donald Trump will unveil a sweeping tariff plan on Wednesday, April 2, 2025, during a Rose Garden event marking what he has called "Liberation Day." The announcement is expected to introduce reciprocal tariffs aimed at countering foreign trade practices that have harmed American industries for decades.
President Trump threatened to impose a 200% tariff on all alcoholic beverages imported from European countries if the European Union does not remove its 50% tariff on U.S. whiskey.
Ontario Premier Doug Ford reversed course Tuesday, suspending a 25% electricity surcharge on U.S. states just one day after its implementation. Ford initially insisted he would be “relentless” in enforcing the tariff but quickly apologized to Americans and withdrew the policy during an appearance on WABC’s Cats & Cosby radio show.
