The White House has confirmed that US President Donald Trump will impose new tariffs this week, but it provided no details about the size and scope of the measures that have raised concerns over an intensifying global trade war.
Trump kept rivals and allies alike guessing about who would be targeted and by how much, but promised to be “very kind” when announcing tariffs on Wednesday, which he has dubbed “Liberation Day”. In recent weeks, he has made several tariff announcements, then quickly changed tack on them.
