Sweeping Trump tariffs draw dismay, calls for talks from countries around the globe
Behind a television monitor showing U.S. President Donald Trump, the display board with the Dax curve shows falling share prices, in Frankfurt, Germany on Thursday after the tariff package announced by U.S. President Trump has pushed share prices sharply into negative territory. Credit: AP/Arne Dedert
Sweeping new tariffs announced by U.S. President Donald Trump provoked dismay, threats of countermeasures and urgent calls for talks to find ways to rescind the stiff new import taxes imposed on goods from countries around the globe.
But responses Thursday were measured, highlighting a lack of appetite for an outright trade war with the world's biggest economy.
Trump said Wednesday the import taxes, ranging from 10% to 49%, would do to U.S. trading partners what they have long done to the U.S. He maintains they will draw factories and jobs back to the United States.
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