REUTERS/Carlos Barria/File PhotoUS President Donald Trump's tariff decisions since he took office on Jan 20 have shocked financial markets and sent a wave of uncertainty through the global economy. Feb 10 - Trump raises tariffs on steel and aluminium to a flat 25 percent "without exceptions or exemptions". Mar 6 - Trump exempts goods from Canada and Mexico under a North American trade pact for a month from the 25 percent tariffs. May 25 - Trump backpedals on his threat to slap 50 percent tariffs on EU imports, agreeing to extend the deadline for talks until Jul 9. May 28 - A US trade court blocks Trump's tariffs from going into effect in a sweeping ruling that the president overstepped his authority by imposing across-the-board duties on imports from US trade partners.
Source: bd News24 July 11, 2025 16:24 UTC