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China Imposes 34% Tariffs on American Products – DW – April 5th, 2025

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Skip next section WATCH: Lesotho trade minister tells DW 50% tariffs ‘not based on facts’




April 4, 2025

WATCH: Lesotho trade minister tells DW 50% tariffs ‘not based on facts’

The landlocked southern African country of Lesotho is heavily dependent on the export of textiles and diamonds to the United States, but now that it has been hit with a 50% tariff on all goods imported into the US, there is concern over what might happen to the developing economy.


Donald Trump imposes 50% reciprocal tariff on Lesotho

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In an interview with DW, Lesotho’s minister for trade, industry and business development, Mokhethi Shelile, said the 50% rate imposed by the US had not been arrived at based on “facts on the ground.”

He also told DW that the tariffs would have a major impact on Lesotho’s economy, saying: “We have in total about 11 factories that are supplying the American market … And those companies in total, they employ more than 12,000 people … which represent about 42% of their total employment in the textile industry in this country.”


Lesotho: Trump tariffs ‘not based on facts’

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https://p.dw.com/p/4sgou


Skip next section Japan’s PM Ishiba says Trump tariffs are a ‘national crisis’




April 4, 2025

Japan’s PM Ishiba says Trump tariffs are a ‘national crisis’

Tokyo’s stock market looks set to be suffering its worst week in years after the announcement of sweeping tariffs by the Trump administration.

Japan is one of the US’ major trade partners as well as a historically important ally in the Pacific region, however, this was not enough to spare it from Trump’s “Liberation Day” tariff announcement on Thursday.

Watching the fallout on Friday, which included the key Nikkei 225 stock market index falling more than three points, Japanese Prime Minister Shigeru Ishiba described the tariffs as a “national crisis.”

https://p.dw.com/p/4sgZO


Skip next section Watch: Trump’s auto tariffs deal a blow to German carmakers.




April 4, 2025

Watch: Trump’s auto tariffs deal a blow to German carmakers

Marie Sina

Global tariffs announced by US President Donald Trump will affect a range of industries, including car manufacturing. Some German automakers are among those hit the hardest, but will the tariffs work the way Trump wants? DW looks at Porsche as an example: 

https://p.dw.com/p/4sgTg


Skip next section China announces 34% reciprocal tariffs.




April 4, 2025

China announces 34% reciprocal tariffs

Following the announcement of what the US called “reciprocal” tariffs against China, Beijing has increased its tariffs on US-imported goods.

The levies are set to come into effect on April 10.

US President Donald Trump announced a minimum of 10% on all imports into the United States on Thursday, but a custom rate was imposed on those countries Trump said were the worst offenders for trade imbalances with the US.

https://p.dw.com/p/4sgUh

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Skip next section Welcome to our coverage.




April 4, 2025

Welcome to our coverage

Thank you for joining us as we bring you the latest reporting on the fallout following US President Donald Trump’s latest round of tariffs.

The new levies on imports into the world’s biggest economy have already sent shockwaves, hitting global stock markets, including in the US itself.

Responses to the tariffs have included announcements of counter-tariffs as well as attempts to seek leniency from the White House.


People around the globe worried about Trump tariffs

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https://p.dw.com/p/4sgTY



Source: https://www.dw.com/en/trump-tariffs-china-levies-34-duties-on-us-goods/live-72138192?maca=en-rss-en-all-1573-rdf

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