Donald Trump announced new tariffs on imported goods into the US, including a 10% tariff on UK goods, in response to foreign tariffs on American goods. This could lead to job losses in UK industries reliant on the US market.

US President Donald Trump’s sweeping tariffs on US imports have ignited threats of retaliation globally, with governments and companies rushed to formulate countermeasures to mitigate the consequences of the US trade war.

The European Commission president warns the new tariffs by the US will be a major blow to the world economy.

Trump has increased tariffs on a number of countries, which has angered many US allies, fueling trade wars as a result.

The Indian PM is traveling to Washington in an effort to prevent a trade war with US President Donald Trump.

Trump has initiated a trade war by imposing tariffs on Mexico, Canada, China, and potentially the European Union and Taiwan.

This episode looks at how the US trade war against targeted countries will be painful for Americans as it could significantly worsen inflation in the nation.