Financial markets are down worldwide and the dollar is tumbling, as Donald Trump's sweeping new trade tariffs unnerve investors. Trump has declared a ten percent baseline on all imports, with significantly higher levies for nations that run trade surpluses with the US. Aside from the existing 25% tariff on all foreign-made cars, the EU will face 20 percent levies, China 34 percent, India 26 percent and Japan 24 percent. For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #Trump #tariffs #EU
How Trump tariffs hit European markets | DW News
Financial markets are down worldwide and the dollar is tumbling, as Donald Trump's sweeping new trade tariffs unnerve investors. Trump has declared a ten percent baseline on all imports, with significantly higher levies for nations that run trade surpluses with the US. Aside from the existing 25% tariff on all foreign-made cars, the EU will face 20 percent levies, China 34 percent, India 26 percent and Japan 24 percent. For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #Trump #tariffs #EU