How world economies reacted to Donald Trump’s sweeping tariffs | Pics

How world economies reacted to Donald Trump’s sweeping tariffs | Pics

Printed on Apr 03, 2025 11:59 PM IST

Many international locations responded to Donald Trump’s sweeping tariff announcement in their very own method.

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US President Donald Trump announced sweeping new tariffs on several countries on Wednesday in the Rose Garden at the White House as Commerce Secretary Howard Lutnick listened. The world reacted to the unprecedented move.(AP)
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Printed on Apr 03, 2025 11:59 PM IST

US President Donald Trump introduced sweeping new tariffs on a number of international locations on Wednesday within the Rose Backyard on the White Home as Commerce Secretary Howard Lutnick listened. The world reacted to the unprecedented transfer.(AP)

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French President Emmanuel Macron, center, Prime Minister Francois Bayrou, left,and Presidency General Secretary Alexis Kohler attend a meeting with representatives of the sectors affected by new tariffs announced by President Donald Trump at the Elysee Palace in Paris on Thursday. Macron called on the EU companies to stop their investments in the US.(AP)
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French President Emmanuel Macron, heart, Prime Minister Francois Bayrou, left,and Presidency Basic Secretary Alexis Kohler attend a gathering with representatives of the sectors affected by new tariffs introduced by President Donald Trump on the Elysee Palace in Paris on Thursday. Macron referred to as on the EU corporations to cease their investments within the US.(AP)

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Canada's Prime Minister Mark Carney speaks about tariffs at a press conference on Parliament Hill in Ottawa, Ontario, on Thursday. In a sharp response to US President Donald Trump's newly imposed 'reciprocal' tariffs, Canada announced that it would impose a 25 percent tariff on some US auto imports. Prime Minister Mark Carney confirmed that 25 percent tariffs will be levied on all vehicles imported from the United States that are not compliant with CUSMA.(REUTERS)
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Canada’s Prime Minister Mark Carney speaks about tariffs at a press convention on Parliament Hill in Ottawa, Ontario, on Thursday. In a pointy response to US President Donald Trump’s newly imposed ‘reciprocal’ tariffs, Canada introduced that it will impose a 25 % tariff on some US auto imports. Prime Minister Mark Carney confirmed that 25 % tariffs might be levied on all autos imported from the USA that aren’t compliant with CUSMA.(REUTERS)

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Swiss President Karin Keller-Sutter (R) and Swiss Economy Minister Guy Parmelin address a press conference on US tariffs in Bern on April 3, 2025. Switzerland is not planning to retaliate against the steep tariffs announced by US President Donald Trump "at this stage", the country's government announced.(AFP)
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Swiss President Karin Keller-Sutter (R) and Swiss Economic system Minister Man Parmelin deal with a press convention on US tariffs in Bern on April 3, 2025. Switzerland shouldn’t be planning to retaliate towards the steep tariffs introduced by US President Donald Trump “at this stage”, the nation’s authorities introduced.(AFP)

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Lynn Martin, president of the New York Stock Exchange Group, center right, on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, April 3, 2025. Repercussions from Donald Trump's tariff war spread across global markets Thursday, knocking down stocks and spurring a flight into fixed-income havens.(Bloomberg)
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Lynn Martin, president of the New York Inventory Alternate Group, heart proper, on the ground of the New York Inventory Alternate (NYSE) in New York, US, on Thursday, April 3, 2025. Repercussions from Donald Trump’s tariff conflict unfold throughout world markets Thursday, pulling down shares and spurring a flight into fixed-income havens.(Bloomberg)

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Britain's Business, Energy and Industrial Strategy Secretary Jonathan Reynolds made a statement on UK-US trade and tariffs, in the House of Commons in London on April 3, 2025. More than four years after the UK's withdrawal from the European Union became effective, Britain has escaped harsher US tariffs, facing only half of the 20 percent imposed on its EU neighbours. London had a cautious response to the 10 percent tariffs.(AFP)
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Britain’s Enterprise, Vitality and Industrial Technique Secretary Jonathan Reynolds made an announcement on UK-US commerce and tariffs, within the Home of Commons in London on April 3, 2025. Greater than 4 years after the UK’s withdrawal from the European Union turned efficient, Britain has escaped harsher US tariffs, going through solely half of the 20 % imposed on its EU neighbours. London had a cautious response to the ten % tariffs.(AFP)

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Brazil's President Luiz Inacio Lula da Silva (C) gestures next to his wife Janja Lula da Silva (R) during an event to highlight accomplishments in the first two years in office in Brasilia on April 3, 2025. Brazil's President Luiz Inacio Lula da Silva said Thursday his country would take "all appropriate measures to defend" itself against import tariffs imposed by US counterpart Donald Trump. (Photo by EVARISTO SA / AFP)(AFP)
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Brazil’s President Luiz Inacio Lula da Silva (C) gestures subsequent to his spouse Janja Lula da Silva (R) throughout an occasion to spotlight accomplishments within the first two years in workplace in Brasilia on April 3, 2025. Brazil’s President Luiz Inacio Lula da Silva mentioned Thursday his nation would take “all acceptable measures to defend” itself towards import tariffs imposed by US counterpart Donald Trump. (Photograph by EVARISTO SA / AFP)(AFP)

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(FILES) A general view of workers carrying out their duties at the Afri-Expo Textile Factory in Maseru, Lesotho on March 19, 2025. The small African kingdom of Lesotho feared the worst for its textile industry on April 3, 2025 after US President Donald Trump imposed 50-percent tariffs on its imports, the highest for a single nation.
Other African countries hit with Trump's "reciprocal tariffs" above the new baseline rate of 10 percent include Madagascar (47 percent), Mauritius (40 percent), Botswana (37 percent), Equatorial Guinea (30 percent) and South Africa (30 percent).
But the mountain kingdom, which the US administration says is among "the worst offenders" with high tariffs on US imports, will be particularly hard hit as it is reliant on exports of mostly textiles, including jeans. (Photo by Roberta Ciuccio / AFP)(AFP)
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(FILES) A basic view of employees finishing up their duties on the Afri-Expo Textile Manufacturing unit in Maseru, Lesotho on March 19, 2025. The small African kingdom of Lesotho feared the worst for its textile business on April 3, 2025 after US President Donald Trump imposed 50-percent tariffs on its imports, the best for a single nation.
Different African international locations hit with Trump’s “reciprocal tariffs” above the brand new baseline charge of 10 % embody Madagascar (47 %), Mauritius (40 %), Botswana (37 %), Equatorial Guinea (30 %) and South Africa (30 %).
However the mountain kingdom, which the US administration says is amongst “the worst offenders” with excessive tariffs on US imports, might be significantly laborious hit as it’s reliant on exports of largely textiles, together with denims. (Photograph by Roberta Ciuccio / AFP)(AFP)

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