.Trump said that a baseline tariff of 10 percent would be imposed on imports from a wide range of other countries, but that some would come under far harsher duties, also including 24 percent on Japan and 26 percent on India.
EU riposte to US tariffs must be ‘proportionate’: Irish PMI
lrish Prime Minister Micheal Martin said on Wednesday any EU reaction to US tariffs of 20 percent should be “proportionate”, adding he deeply regretted the move by US President Donald Trump.
The Irish government would “now reflect with” EU partners on the next steps, but “any action should be proportionate, aimed at defending the interests of our businesses, workers and citizens,” Martin said in a statement.
Gold hits new record after Trump tariffs announcement
The price of gold hit a new record Wednesday shortly after President Donald Trump’s announcement of sweeping new tariffs against most US trading partners.
Gold crossed the previous record at around 2300 GMT and then continued to climb above $3,150 an ounce, as traders piled into the safe haven asset amid a steep decline in stock market futures.
