World economies brace for Trump tariffs ahead of deadline

World economies brace for Trump tariffs ahead of deadline


White House Press Secretary Karoline Leavitt told reporters that the goal on Wednesday would be to announce "country-based tariffs," but that Trump remains committed to imposing separate sector-specific charges in the future. Economists have expected the upcoming salvo could target the 15 percent of partners that have persistent trade imbalances with the United States, a group that U.S .Treasury Secretary Scott Bessent called a "Dirty 15." German Chancellor Olaf Scholz said the EU would respond firmly to Trump's tariffs, although he stressed that the bloc was open to compromise.


Published at: 2025-03-31 21:42:49

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