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The world reacts with caution to US 'reciprocal' tariffs against dozens of nations

The world reacts with caution to US 'reciprocal' tariffs against dozens of nations
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The world reacts with caution to US 'reciprocal' tariffs against dozens of nations
The sweeping new tariffs announced Wednesday by U.S. President Donald Trump were met initially with measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war.The fact that the tariffs fell most heavily on parts of the world sleeping through the night appeared to at least temporarily delay some of the potential outrage.Trump presented the import taxes, which he calls 바카라 게임 웹사이트reciprocal tariffs바카라 게임 웹사이트 and range from 10% to 49%, in the simplest terms: the U.S. would do to its trading partners what he said they had been doing to the U.S. for decades.바카라 게임 웹사이트Taxpayers have been ripped off for more than 50 years,바카라 게임 웹사이트 he said. 바카라 게임 웹사이트But it is not going to happen anymore.바카라 게임 웹사이트The president promised that 바카라 게임 웹사이트Jobs and factories will come roaring back into our country.바카라 게임 웹사이트 He framed it not just as an economic issue, but a question of national security that threatens 바카라 게임 웹사이트our very way of life.바카라 게임 웹사이트바카라 게임 웹사이트Nobody wants a trade war바카라 게임 웹사이트Shortly after Trump's announcement, the British government said the United States remains the U.K.바카라 게임 웹사이트s 바카라 게임 웹사이트closest ally.바카라 게임 웹사이트Business Secretary Jonathan Reynolds said the U.K. hoped to strike a trade deal to 바카라 게임 웹사이트mitigate the impact바카라 게임 웹사이트 of the 10% tariffs on British goods announced by Trump.바카라 게임 웹사이트Nobody wants a trade war and our intention remains to secure a deal," said Reynolds. "But nothing is off the table and the government will do everything necessary to defend the U.K.바카라 게임 웹사이트s national interest.바카라 게임 웹사이트British officials have said they will not immediately retaliate, an approach backed by the Confederation of British Industry, a major business group.Italy바카라 게임 웹사이트s conservative Premier Giorgia Meloni described the new 20% tariffs against the European Union as 바카라 게임 웹사이트wrong,바카라 게임 웹사이트 saying they benefit neither side.바카라 게임 웹사이트We will do everything we can to work towards an agreement with the United States, with the aim of avoiding a trade war that would inevitably weaken the West in favor of other global players,바카라 게임 웹사이트 Meloni said in a Facebook post. 바카라 게임 웹사이트In any case, as always, we will act in the interest of Italy and its economy, also by discussing with other European partners,바카라 게임 웹사이트 she added.Little to gainSpared for the moment from the latest round of tariffs were Mexico and Canada, so far as goods that already qualified under their free trade agreement with the United States. Yet, the previously announced 25% tariffs on auto imports were scheduled to take effect at midnight.Mexico President Claudia Sheinbaum said Wednesday she would wait to take action on Thursday when it was clear how Trump바카라 게임 웹사이트s announcement would affect Mexico.바카라 게임 웹사이트It바카라 게임 웹사이트s not a question of if you impose tariffs on me, I바카라 게임 웹사이트m going to impose tariffs on you,바카라 게임 웹사이트 she said in a news briefing Wednesday morning. 바카라 게임 웹사이트Our interest is in strengthening the Mexican economy.바카라 게임 웹사이트Canada had imposed retaliatory tariffs in response to the 25% tariffs that Trump tied to the trafficking of fentanyl. The European Union, in response to the steel and aluminum tariffs, imposed taxes on 26 billion euros바카라 게임 웹사이트 worth ($28 billion) of U.S. goods, including bourbon, prompting Trump to threaten a 200% tariff on European alcohol.As Trump read down the list of countries that would be targeted Wednesday, he repeatedly said he didn바카라 게임 웹사이트t blame them for the tariffs and non-tariff barriers they imposed to protect their own nations바카라 게임 웹사이트 businesses. 바카라 게임 웹사이트But we바카라 게임 웹사이트re doing the same thing right now,바카라 게임 웹사이트 he said.바카라 게임 웹사이트In the face of unrelenting economic warfare, the United States can no longer continue with a policy of unilateral economic surrender,바카라 게임 웹사이트 Trump said.Speaking from a business forum in India, Chilean President Gabriel Boric warned that such measures, in addition to causing uncertainty, challenge the 바카라 게임 웹사이트mutually agreed rules바카라 게임 웹사이트 and the 바카라 게임 웹사이트principles that govern international trade.바카라 게임 웹사이트Ultimately, Trump announced Chile would face the baseline reciprocal tariff of 10%. The U.S. is Chile바카라 게임 웹사이트s second most important trading partner after China.Analysts say there바카라 게임 웹사이트s little to be gained from an all-out trade war, neither in the United States or in other countries.바카라 게임 웹사이트Once again, Trump has put Europe at a crossroads,바카라 게임 웹사이트 said Matteo Villa, senior analyst at Italy바카라 게임 웹사이트s Institute for International Political Studies.바카라 게임 웹사이트If Trump really imposes high tariffs, Europe will have to respond, but the paradox is that the EU would be better off doing nothing,바카라 게임 웹사이트 he added.Villa also noted that retaliation would certainly be a further 바카라 게임 웹사이트blow바카라 게임 웹사이트 to the United States, but it would hurt Europe even more, as the EU bloc depends more on exports to the U.S. than vice versa.바카라 게임 웹사이트On the other hand, Trump seems to understand only the language of force, and this indicates the need for a strong and immediate response,바카라 게임 웹사이트 Villa said. 바카라 게임 웹사이트Probably the hope, in Brussels, is that the response will be strong enough to induce Trump to negotiate and, soon, to backtrack.바카라 게임 웹사이트__AP journalists around the world contributed to this story.

The sweeping new tariffs announced Wednesday by U.S. President Donald Trump were met initially with measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war.

The fact that the tariffs fell most heavily on parts of the world sleeping through the night appeared to at least temporarily delay some of the potential outrage.

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Trump presented the import taxes, which he calls 바카라 게임 웹사이트reciprocal tariffs바카라 게임 웹사이트 and range from 10% to 49%, in the simplest terms: the U.S. would do to its trading partners what he said they had been doing to the U.S. for decades.

바카라 게임 웹사이트Taxpayers have been ripped off for more than 50 years,바카라 게임 웹사이트 he said. 바카라 게임 웹사이트But it is not going to happen anymore.바카라 게임 웹사이트

The president promised that 바카라 게임 웹사이트Jobs and factories will come roaring back into our country.바카라 게임 웹사이트 He framed it not just as an economic issue, but a question of national security that threatens 바카라 게임 웹사이트our very way of life.바카라 게임 웹사이트

바카라 게임 웹사이트Nobody wants a trade war바카라 게임 웹사이트

Shortly after Trump's announcement, the British government said the United States remains the U.K.바카라 게임 웹사이트s 바카라 게임 웹사이트closest ally.바카라 게임 웹사이트

Business Secretary Jonathan Reynolds said the U.K. hoped to strike a trade deal to 바카라 게임 웹사이트mitigate the impact바카라 게임 웹사이트 of the 10% tariffs on British goods announced by Trump.

바카라 게임 웹사이트Nobody wants a trade war and our intention remains to secure a deal," said Reynolds. "But nothing is off the table and the government will do everything necessary to defend the U.K.바카라 게임 웹사이트s national interest.바카라 게임 웹사이트

British officials have said they will not immediately retaliate, an approach backed by the Confederation of British Industry, a major business group.

Italy바카라 게임 웹사이트s conservative Premier Giorgia Meloni described the new 20% tariffs against the European Union as 바카라 게임 웹사이트wrong,바카라 게임 웹사이트 saying they benefit neither side.

바카라 게임 웹사이트We will do everything we can to work towards an agreement with the United States, with the aim of avoiding a trade war that would inevitably weaken the West in favor of other global players,바카라 게임 웹사이트 Meloni said in a Facebook post. 바카라 게임 웹사이트In any case, as always, we will act in the interest of Italy and its economy, also by discussing with other European partners,바카라 게임 웹사이트 she added.

Little to gain

Spared for the moment from the latest round of tariffs were Mexico and Canada, so far as goods that already qualified under their free trade agreement with the United States. Yet, the previously announced were scheduled to take effect at midnight.

Mexico President Claudia Sheinbaum said Wednesday she would wait to take action on Thursday when it was clear how Trump바카라 게임 웹사이트s announcement would affect Mexico.

바카라 게임 웹사이트It바카라 게임 웹사이트s not a question of if you impose tariffs on me, I바카라 게임 웹사이트m going to impose tariffs on you,바카라 게임 웹사이트 she said in a news briefing Wednesday morning. 바카라 게임 웹사이트Our interest is in strengthening the Mexican economy.바카라 게임 웹사이트

Canada had imposed retaliatory tariffs in response to the 25% tariffs that Trump tied to the trafficking of fentanyl. The European Union, in response to the , imposed taxes on 26 billion euros바카라 게임 웹사이트 worth ($28 billion) of U.S. goods, including bourbon, prompting Trump to threaten a 200% tariff on European alcohol.

As Trump read down the list of countries that would be targeted Wednesday, he repeatedly said he didn바카라 게임 웹사이트t blame them for the tariffs and non-tariff barriers they imposed to protect their own nations바카라 게임 웹사이트 businesses. 바카라 게임 웹사이트But we바카라 게임 웹사이트re doing the same thing right now,바카라 게임 웹사이트 he said.

바카라 게임 웹사이트In the face of unrelenting economic warfare, the United States can no longer continue with a policy of unilateral economic surrender,바카라 게임 웹사이트 Trump said.

Speaking from a business forum in India, Chilean President Gabriel Boric warned that such measures, in addition to causing uncertainty, challenge the 바카라 게임 웹사이트mutually agreed rules바카라 게임 웹사이트 and the 바카라 게임 웹사이트principles that govern international trade.바카라 게임 웹사이트

Ultimately, Trump announced Chile would face the baseline reciprocal tariff of 10%. The U.S. is Chile바카라 게임 웹사이트s second most important trading partner after China.

Analysts say there바카라 게임 웹사이트s little to be gained from an all-out trade war, neither in the United States or in other countries.

바카라 게임 웹사이트Once again, Trump has put Europe at a crossroads,바카라 게임 웹사이트 said Matteo Villa, senior analyst at Italy바카라 게임 웹사이트s Institute for International Political Studies.

바카라 게임 웹사이트If Trump really imposes high tariffs, Europe will have to respond, but the paradox is that the EU would be better off doing nothing,바카라 게임 웹사이트 he added.

Villa also noted that retaliation would certainly be a further 바카라 게임 웹사이트blow바카라 게임 웹사이트 to the United States, but it would hurt Europe even more, as the EU bloc depends more on exports to the U.S. than vice versa.

바카라 게임 웹사이트On the other hand, Trump seems to understand only the language of force, and this indicates the need for a strong and immediate response,바카라 게임 웹사이트 Villa said. 바카라 게임 웹사이트Probably the hope, in Brussels, is that the response will be strong enough to induce Trump to negotiate and, soon, to backtrack.바카라 게임 웹사이트

__

AP journalists around the world contributed to this story.