April 3, 2025 - 10:28
The recent announcement of new tariffs by U.S. President Donald Trump has sparked a variety of responses from key trading partners around the world. These tariffs, which range from 10% to 49%, are described by Trump as "reciprocal tariffs," intended to address perceived imbalances in trade practices that he claims have disadvantaged the U.S. for years.
European Commission President Ursula von der Leyen expressed concern, labeling the tariffs as a “major blow to the world economy.” This sentiment reflects a broader anxiety among global leaders about the potential for escalating trade tensions. Officials from Japan voiced their disapproval, calling the tariffs “extremely regrettable,” while South Korea's Prime Minister urged for emergency measures to mitigate the impact on industries vulnerable to these new import taxes.
The initial reactions indicate a cautious approach among international stakeholders, who appear to be seeking dialogue rather than a full-blown trade war, emphasizing the importance of cooperation in maintaining global economic stability.
