President Trump says cars made in the U.S. will face “absolutely no tariff,” but it’s not so simple. No car is built from 100% U.S. parts—not even the U.S.-built Ford F-150 pickup truck. Major components of the car are from Mexico, Canada and South Korea, which could all be a part of the auto tariffs.

WSJ takes a look inside a Ford F-150 to better understand Trump’s slew of new tariffs and why automakers are warning it could backfire.

Chapters:
0:00 Trump’s auto tariffs
0:53 Tariff breakdown of car parts
4:12 Challenge of opening new plants
5:32 Economic impact and broader threats

News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.

#Trump #Cars #WSJ

China said on Friday it would raise tariffs on US goods to 125 percent, further deepening a trade war between the world's two largest economies.

"The US's imposition of abnormally high tariffs on China seriously violates international trade rules, basic economic laws and common sense," Beijing's State Council Tariff Commission said in a statement shared by the finance ministry, adding that the new levy comes into effect on Saturday.
0:00 INTRO
2:13 TRUMP IS WAITING FOR XI TO CALL?
3:30 US WIELDING TARIFFS AS A WEAPON, SAYS CHINA
5:51 TRUMP THREATENS TO REIMPOSE ADDITIONAL TARIFFS IF…

#usa #trump #tradewar #china #tariffs
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President Donald Trump has announced retaliatory tariffs on China, increasing them from 104% to 125%. Trump cited China's disrespect for world markets as the reason. He also declared a 90-day pause on tariffs for 75 countries that have approached U.S. government departments for negotiations. Trump stated, 'Hopefully in the near future, China will realize that the days of ripping off the USA and other countries is no longer sustainable or acceptable.' #trumptariffs #uschinatradewar #tariffwar #globalmarkets #tradebarriers #currencymanipulation #uschina #globaleconomy #tradenegotiations
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The European Union is to be hit with 20% tariffs, that's on top of the 25% on steel and aluminium exports to the US announced back in February. Europe is currently working out how it intends to respond to Trump's tariffs, with various options under examination. For more on that, FRANCE 24's International Affairs editor, Angela Diffley.
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US President Donald Trump says he will impose additional tariffs on China, from Tuesday, if Beijing does not withdraw its 34% retaliatory tariffs on the US.

The additional tariffs on Beijing would be of 50%, Trump says.

China announced on Friday that it would be imposing such tariffs on Washington after the White House said that from 9 April it would put 34% levies on all goods coming from Beijing.

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China's finance ministry has announced that it is placing an additional 84% tariff on all goods imported from the US.

US President Donald Trump placed a 104% tariff on all Chinese goods entering the US, starting from Wednesday.

China says that these new retaliatory charges will take effect from 12:01 CST (05:00 BST) on 10 April.

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In the most visible protest against President Donald Trump since he began his second term, thousands turned out in cities across the US with placards and signs.

The protests came on the day President Trump's import tariffs on countries around the world came into effect, which is already having an impact on economies.

Meanwhile, Elon Musk has said the US could have a 'zero-tariff' partnership in the future.

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Donald Trump has announced sweeping tariffs on goods from countries around the world on what he called “Liberation Day”. The US President said it was the start of a "golden age" for America.

Trump announced that a 25% tariff on all foreign-made vehicles would begin from midnight local time.

On other imports, the EU will face 20% tariffs on goods entering the US, while UK goods will face a 10% tariff.

Trump said countries would face what he called “reciprocal tariffs” according to what he claimed they charged on US goods, with a minimum charge - what he called a baseline” - of a 10% tariff.

He said Chinese goods would face a tariff of 34% while for India the figure is 26%.

Trump said tit-for-tat tariffs would be imposed to counter not just other countries' tariffs on US goods but what he called “nonmonetary" barriers like currency manipulation and "pollution havens."

Ben Brown presents BBC News at Ten reporting by Sarah Smith, Chris Mason and Faisal Islam.

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Beijing has escalated the trade war with the US once again, announcing 84 per cent tariffs on American goods coming into China. The US had imposed 84 per cent tariffs on Chinese goods, bringing the total import taxes introduced against China since Donald Trump’s inauguration to 104%. Chinese state media is also reporting that the country has filed a lawsuit in the World Trade Organisation regarding the latest US tariffs. East Asia correspondent Kathleen Calderwood reports. #ABCTheWorld #ABCAsiaPacific

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China has announced it will impose additional tariffs on US goods, taking the total to 84%.

The increase will be imposed from 10 April, the foreign ministry said.

It comes after the US hit Beijing with an extra 50% tariff this week.

Those followed two previous levies of 34% and 20%, meaning US tariffs on China reached 104% from this morning.

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President Trump says reciprocal tariffs will kick in on April 2, meaning the U.S. will match the higher tariff rates other countries impose on the U.S. Trump is banking on the scale of these reciprocal tariffs to reduce the U.S. trade deficit, but many economists worry the slew of tariffs will worsen inflation and lead the U.S. economy into a recession.

WSJ explains why economists believe this strategy will end up hurting U.S. consumers.

Chapters:
0:00 Trump’s reciprocal tariffs
0:25 How reciprocal tariffs hurt consumers
0:52 “Fairness” in trade policy
1:48 Why a trade deficit may not be bad
3:47 Risks of reciprocal tariffs
4:55 What’s next?

News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.

#Trump #Economy #WSJ

President Trump announced plans to impose an across-the-board 10% tariff on all U.S. trading partners as well as higher tariffs for other countries. NBC News' Christine Romans breaks down what all of this means for American consumers and the potential reactions from other countries. 

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#trump #tariffs #americans

Bringing manufacturing back to the USA is an ideological cornerstone of US President Donald Trump's economic policy. It's aimed not just at pushing foreign firms to invest in America, but at forcing US companies to onshore their own production lines. Squarely in the firing line is one of the country's largest tech giants Apple, whose top-selling product, the iPhone, is made in Asia. It's a tense situation for the California-based firm. If it were to actually produce the iPhone in America, its price would have to rise dramatically. Bryan Quinn and Mounia Ben Aïssa report.
#UnitedStates #Trump #tariffs

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With US tariffs on the rise, experts warn that ASEAN will face increased China exports, putting some factories out of work. Some ASEAN countries have already banned Chinese apps like TEMU and SHEIN, and updated its anti-dumping legislation, as pressure on domestic manufacturers mount.

On the other hand, US tariffs on ASEAN exports to its market, is squeezing producers. Entire industries- like the solar panel manufacturing industry- has been decimated due to US tariffs, in countries like Malaysia. ASEAN economies are being squeezed by both the superpowers- US and China, and an intensifying tariff war. In this documentary, policy makers and experts, discuss possible solutions, and how ASEAN will weather this storm.

WATCH MORE When Titans Clash
https://www.youtube.com/playli....st?list=PLkMf14VQEvT

00:00 Introduction
01:57 China exports increase as US tariffs bite
06:09 China’s unbeatable technological prowess
08:40 Impending China-ASEAN export surge
10:24 China’s global trade surplus
13:51 US tariffs hit Malaysia
16:54 Is China using Malaysia for transshipment?
19:03 The US-ASEAN trade deficit issue
20:53 Thailand’s auto sector contracts
24:51 Japanese factories shut, Chinese factories open
29:23 China EV’s impact on Indonesia
34:12 China-ASEAN Foreign Direct Investments
35:56 ASEAN economies squeezed by both superpowers
42:08 ASEAN strategies to strike a deal with Trump
44:32 Can ASEAN grow in 2025?

#CNAInsider #WhenTitansClashCNA #ASEAN #SoutheastAsia #Tariffs #TradeWar #USA #China #USChina #TrumpTariffs

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European Union member states have voted to impose an extra 25% tariffs on US imports, affecting €20.9bn (£18bn) worth of goods.

The tariffs are in response to the 25% import taxes US President Donald Trump imposed on all steel and aluminium that came into force in mid-March.

It is unclear which goods the EU is targeting, but the new tariffs will come into effect from 15 April.

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Donald Trump discussed his decision to pause tariffs during an event in front of the White House, saying he thought people were 'getting yippy' and a 'little queasy' so he decided to enact the 90-day pause.
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The US president also said he would raise the tariff on Chinese imports to 125%, further escalating the confrontation between the two countries

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China more than doubled its tariffs on U.S. goods to 84 per cent hours after U.S. President Donald Trump announced a massive 104 per cent levy on Beijing, escalating fears of severe economic damage from the trade war.

Reggie Cecchini joins us from Washington to break down the details of this trade standoff, the underlying goals, and the political fallout in the U.S.

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The White House has clarified that the tariffs imposed on Chinese goods coming into the US stands at 145%.

On Wednesday, US President Donald Trump announced that he was hiking the levy to 125%, but the administration has now said that that figure did not include a pre-existing tariff of 20% which was imposed on countries the US said produces the drug fentanyl.

European and Asian markets saw gains on Thursday, but US shares slumped seconds after the market opened; with The Dow Jones and S&P 500 indexes down over 4%, and the Nasdaq as much as 5% lower.

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Economists project that if consumers have to absorb all of the 20% tariffs on European goods, goods like olive oil, cheese, wine and more will rise.

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So far there is no sign that President Trump is backing away from his tariff policy. For him it has been an article of faith for decades.

(Subscribe: https://bit.ly/C4_News_Subscribe)

And today he threatened China with an additional 50 per cent of tariffs after it retaliated last Friday with 35 per cent against US products.

This is what the spiral of a global trade war looks like with devastating consequences for millions of people around the world.

The day began with what was described as a ‘bloodbath’ on Asian markets.

European markets then mirrored those losses, and for the third day running since the sweeping tariffs were announced, US markets plunged on opening.

Then reports of a 90-day pause in the Tariffs sent stocks back up, before the White House dismissed them as 'fake news', sending them tumbling again.

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