Donald Trump imposes universal 10% tariff on all imports into the US, with even higher rates for what he calls the “worst offenders”, in a watershed moment for global trade.
The EU describes it as a “major blow to the world economy”, Italy calls it “wrong”, and Australia says “this is not the act of a friend” – here’s how world leaders are reacting.
China – one of the hardest hit by the move – vows retaliation.
Asian markets opened lower before recovering slightly, as US futures trading also slid.
The 10% tariff on the UK is met with relief but not delight among ministers, our political editor Chris Mason reports.
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[BBC News]
