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The Independent UK
The Independent UK
World
Elaine Kurtenbach

Countries and companies mull strategies for coping with barrage of higher US tariffs

China Trump Tariffs - (Copyright 2025 The Associated Press. All rights reserved.)

President Donald Trump’s latest tariff hikes on U.S. imports are compelling countries and industries to scramble for footing in a time of potential upheavals in global trade.

As world markets wallowed in more heavy losses Friday, Taiwan’s president promised to provide support to industries most vulnerable to the 32% tariffs Trump ordered in his “Liberation Day” reciprocal tariffs announcement.

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