World economies brace for Trump tariffs ahead of deadline

Market nervousness had intensified after Trump over the weekend said his tariffs would include "all countries." (Image: Getty)

AFP

Tue, 01 Apr 2025

By Beiyi SeowWorld economies shuddered on Monday ahead of US President Donald Trump's "Liberation Day," when he is set to unleash tariffs against multiple countries, risking global turmoil to address what he says are unfair trade imbalances.Trump – who has been making unprecedented use of presidential powers since taking office in January – is set to announce Wednesday exactly what tariffs will be imposed and whether they might also target entire sectors.Provoking a chain reaction The Republican billionaire insists tha...

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