Nations Strategize Before Week of Rising Trump Tariffs
Nations Strategize Before Week of Rising Trump Tariffs Israel's prime minister is heading to Washington for talks, while Indonesia is among the countries planning to forgo retaliation and China signals a more combative stance. Last Updated: April 6, 2025 at 9:58 AM EDT Governments and business worldwide were assessing the impact of tariffs on just about everything the U.S. imports, after they took effect Saturday. The 10% tariffs, which President Trump announced Wednesday, apply to nearly all nations. The rates will be raised on some countries in coming days. U.S. retailers are starting to talk with consumers about what the tariffs could mean for everyone's wallets. After the mid-week announcement, Wall Street was plunged into a two-day rout that erased $6.6 trillion in stock-market value. All eyes will be on U.S. stock, oil and gold futures when they resume trading at 6 p.m. ET Sunday. Trump, who was golfing in Florida on Saturday, urged Americans to stay the course ...