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Home News Massive Trump tariffs leave world bracing for economic fallout as allies threaten retaliation: Live updates

Massive Trump tariffs leave world bracing for economic fallout as allies threaten retaliation: Live updates

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Massive Trump tariffs leave world bracing for economic fallout as allies threaten retaliation: Live updates

White House Assistants propose the rates of around 20 percent on most American imports.

It came when markets and consumers were waiting for details of President Donald Trump's tariff plan, the Washington Post reported.

Trump has promised to reveal his radical plan on Wednesday.

He said that his rates will focus on all nations.

The White House says that every country that Americans had treated unfairly should expect to receive a rate.

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EU has 'strong plan' to hit back at Trump rates

The European Union said that a 'strong plan' has to take revenge on rates imposed by President Donald Trump.

American trading partners are climbing to prepare for the last series of Trump rates that were expected on Wednesday.

The Washington Post reported a plan for 20 percent rates for most imports for the US is considered.

EU chef Ursula von der Leyen said:

We do not necessarily want to take revenge. But if necessary, we have a strong plan to take revenge and we will use it.

File photo: President Ursula von der Leyen of the European Commission provides a statement about plans to strengthen the European Defense industry and the military capacities of the EU, in Brussels, Belgium 4 March 2025. Reuters/Yves Herman/File photo

Elon Musk Betting big on the small race of the Wisconsin Supreme Court

Elon Musk has dropped $ 20 million in a small race in Wisconsin that could prove omniscience for the Midterms 2028 and for his Tesla Electric Car Company.

The founder of Tesla was in the state on Sunday to distribute two $ 1 million checks to help the Republican candidate Brad Schimel win a seat at Wisconsin's Supreme Court in Tuesday's elections.

The Wisconsin Supreme Court will decide a number of important issues in the eternal battlefield, including abortion rights, conference distribution and the rules for the presidential elections of 2028.

But for Musk it is more personal.

The court will also decide that a lawsuit that Tesla has challenged has challenged a state law that prohibits car manufacturers to open dealers, so that the dealers prefer to be implemented independently.

Now he and his money have become a central issue in the competition. Democratic candidate Susan Crawford has called the race 'The People v. Musk'.

Trump reveals what the separation of Don Jr. has caused

Putin gives new requirements

Karoline Leavitt says that 'malignant forces' worked against Trump

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