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How global economies reacted to Donald Trump’s sweeping tariffs | Pics

How global economies reacted to Donald Trump’s sweeping tariffs | Pics


Published on Apr 03, 2025 11:59 PM IST

Many countries responded to Donald Trump’s sweeping tariff announcement in their own way.

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US President Donald Trump announced sweeping new tariffs on several countries on Wednesday in the Rose Garden at the White House as Commerce Secretary Howard Lutnick listened. The world reacted to the unprecedented move.(AP)
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Published on Apr 03, 2025 11:59 PM IST

US President Donald Trump announced sweeping new tariffs on several countries on Wednesday in the Rose Garden at the White House as Commerce Secretary Howard Lutnick listened. The world reacted to the unprecedented move.(AP)

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French President Emmanuel Macron, center, Prime Minister Francois Bayrou, left,and Presidency General Secretary Alexis Kohler attend a meeting with representatives of the sectors affected by new tariffs announced by President Donald Trump at the Elysee Palace in Paris on Thursday. Macron called on the EU companies to stop their investments in the US.(AP)
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Published on Apr 03, 2025 11:59 PM IST

French President Emmanuel Macron, center, Prime Minister Francois Bayrou, left,and Presidency General Secretary Alexis Kohler attend a meeting with representatives of the sectors affected by new tariffs announced by President Donald Trump at the Elysee Palace in Paris on Thursday. Macron called on the EU companies to stop their investments in the US.(AP)

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Canada's Prime Minister Mark Carney speaks about tariffs at a press conference on Parliament Hill in Ottawa, Ontario, on Thursday. In a sharp response to US President Donald Trump's newly imposed 'reciprocal' tariffs, Canada announced that it would impose a 25 percent tariff on some US auto imports. Prime Minister Mark Carney confirmed that 25 percent tariffs will be levied on all vehicles imported from the United States that are not compliant with CUSMA.(REUTERS)
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Published on Apr 03, 2025 11:59 PM IST

Canada’s Prime Minister Mark Carney speaks about tariffs at a press conference on Parliament Hill in Ottawa, Ontario, on Thursday. In a sharp response to US President Donald Trump’s newly imposed ‘reciprocal’ tariffs, Canada announced that it would impose a 25 percent tariff on some US auto imports. Prime Minister Mark Carney confirmed that 25 percent tariffs will be levied on all vehicles imported from the United States that are not compliant with CUSMA.(REUTERS)

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Swiss President Karin Keller-Sutter (R) and Swiss Economy Minister Guy Parmelin address a press conference on US tariffs in Bern on April 3, 2025. Switzerland is not planning to retaliate against the steep tariffs announced by US President Donald Trump "at this stage", the country's government announced.(AFP)
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Published on Apr 03, 2025 11:59 PM IST

Swiss President Karin Keller-Sutter (R) and Swiss Economy Minister Guy Parmelin address a press conference on US tariffs in Bern on April 3, 2025. Switzerland is not planning to retaliate against the steep tariffs announced by US President Donald Trump “at this stage”, the country’s government announced.(AFP)

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Lynn Martin, president of the New York Stock Exchange Group, center right, on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, April 3, 2025. Repercussions from Donald Trump's tariff war spread across global markets Thursday, knocking down stocks and spurring a flight into fixed-income havens.(Bloomberg)
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Published on Apr 03, 2025 11:59 PM IST

Lynn Martin, president of the New York Stock Exchange Group, center right, on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, April 3, 2025. Repercussions from Donald Trump’s tariff war spread across global markets Thursday, knocking down stocks and spurring a flight into fixed-income havens.(Bloomberg)

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Britain's Business, Energy and Industrial Strategy Secretary Jonathan Reynolds made a statement on UK-US trade and tariffs, in the House of Commons in London on April 3, 2025. More than four years after the UK's withdrawal from the European Union became effective, Britain has escaped harsher US tariffs, facing only half of the 20 percent imposed on its EU neighbours. London had a cautious response to the 10 percent tariffs.(AFP)
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Published on Apr 03, 2025 11:59 PM IST

Britain’s Business, Energy and Industrial Strategy Secretary Jonathan Reynolds made a statement on UK-US trade and tariffs, in the House of Commons in London on April 3, 2025. More than four years after the UK’s withdrawal from the European Union became effective, Britain has escaped harsher US tariffs, facing only half of the 20 percent imposed on its EU neighbours. London had a cautious response to the 10 percent tariffs.(AFP)

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Brazil's President Luiz Inacio Lula da Silva (C) gestures next to his wife Janja Lula da Silva (R) during an event to highlight accomplishments in the first two years in office in Brasilia on April 3, 2025. Brazil's President Luiz Inacio Lula da Silva said Thursday his country would take "all appropriate measures to defend" itself against import tariffs imposed by US counterpart Donald Trump. (Photo by EVARISTO SA / AFP)(AFP)
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Published on Apr 03, 2025 11:59 PM IST

Brazil’s President Luiz Inacio Lula da Silva (C) gestures next to his wife Janja Lula da Silva (R) during an event to highlight accomplishments in the first two years in office in Brasilia on April 3, 2025. Brazil’s President Luiz Inacio Lula da Silva said Thursday his country would take “all appropriate measures to defend” itself against import tariffs imposed by US counterpart Donald Trump. (Photo by EVARISTO SA / AFP)(AFP)

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(FILES) A general view of workers carrying out their duties at the Afri-Expo Textile Factory in Maseru, Lesotho on March 19, 2025. The small African kingdom of Lesotho feared the worst for its textile industry on April 3, 2025 after US President Donald Trump imposed 50-percent tariffs on its imports, the highest for a single nation.
Other African countries hit with Trump's "reciprocal tariffs" above the new baseline rate of 10 percent include Madagascar (47 percent), Mauritius (40 percent), Botswana (37 percent), Equatorial Guinea (30 percent) and South Africa (30 percent).
But the mountain kingdom, which the US administration says is among "the worst offenders" with high tariffs on US imports, will be particularly hard hit as it is reliant on exports of mostly textiles, including jeans. (Photo by Roberta Ciuccio / AFP)(AFP)
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Published on Apr 03, 2025 11:59 PM IST

(FILES) A general view of workers carrying out their duties at the Afri-Expo Textile Factory in Maseru, Lesotho on March 19, 2025. The small African kingdom of Lesotho feared the worst for its textile industry on April 3, 2025 after US President Donald Trump imposed 50-percent tariffs on its imports, the highest for a single nation.
Other African countries hit with Trump’s “reciprocal tariffs” above the new baseline rate of 10 percent include Madagascar (47 percent), Mauritius (40 percent), Botswana (37 percent), Equatorial Guinea (30 percent) and South Africa (30 percent).
But the mountain kingdom, which the US administration says is among “the worst offenders” with high tariffs on US imports, will be particularly hard hit as it is reliant on exports of mostly textiles, including jeans. (Photo by Roberta Ciuccio / AFP)(AFP)





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