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import tax
US stocks reverse after rising more than 3% in early session
After rising more than 3%, major indexes on the US stock market reversed when the White House said it would maintain its plan to raise taxes from April 9.
$5 trillion evaporated from the US stock market
Stock markets fell sharply after China announced an additional 34% import tax on goods from the US. Investors feared that escalating trade tensions would cause a return to high inflation in the US and push the country into recession.
The US will negotiate with all trading partners on tariff reduction measures.
Countries will have to change their rules to allow more imports of US products to lessen the impact of these tariffs, according to US Commerce Secretary Lutnick.
US President declares national emergency over trade imbalance
The White House issued a statement saying that US President Donald Trump has declared a national emergency over the trade imbalance.
Prime Minister requests to set up a rapid response team to respond to US reciprocal tariffs
Prime Minister Pham Minh Chinh met with ministries and sectors after the US announced to impose reciprocal tariffs of up to 46% on imports from Vietnam.
The US announced high reciprocal tariffs on 25 economies, including Vietnam.
US President Donald Trump has announced a 46% reciprocal tax on 90% of total imported goods from Vietnam, the second highest among countries exporting to the US market.
Mr. Trump imposes 25% import tax on all cars entering the US
US President Donald Trump has just announced a plan to impose a 25% import tax 'on all cars not made in the US', 10 times higher than the current tax.
How does Trump's tax decree affect the United States?
US President Donald Trump has launched a 'trade war' by imposing high tariffs on imported goods from Canada, Mexico and China.
US begins imposing import taxes on Canada, Mexico, China
Goods from Canada, Mexico and China entering the US will be subject to tariffs of 10-25% starting today, as planned by President Trump. Canada and China immediately announced retaliatory measures.
China targets US agricultural products in retaliation for tariffs
China is preparing countermeasures against the new US import tariffs scheduled to take effect from March 4.
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