Today, Donald Trump will announce the most sweeping U.S. trade restrictions in a century, which would upend the global trading system in one fell swoop and create economic risks that are hard to predict.

Previously, a universal 20% tariff was discussed, but now a compromise plan has emerged – a single tariff for individual countries, which will probably be lower than 20%.

Which option Trump will choose will become known today, after the US stock market closes (23:00).

Today, Donald Trump will announce the most sweeping U.S. trade restrictions in a century, which would upend the global trading system in one fell swoop and create economic risks that are hard to predict.

Previously, a universal 20% tariff was discussed, but now a compromise plan has emerged – a single tariff for individual countries, which will probably be lower than 20%.

Which option Trump will choose will become known today, after the US stock market closes (23:00).
https://www.bloomberg.com/news/articles/2025-04-02/trump-tariff-rollout-opens-new-era-of-risk-for-global-economy?srnd=homepage-americas