Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
World
Nicola Slawson

First Thing: Markets brace for trade war as Trump prepares reciprocal tariffs

Donald Trump.
Donald Trump says he may announce exactly what ‘reciprocal tariffs’ will be imposed on US trading partners as early as Tuesday night. Photograph: Saul Loeb/AFP/Getty Images

Good morning.

As Donald Trump prepared to unveil a swathe of reciprocal tariffs, global markets braced themselves and some Republican senators voiced their opposition to a strategy that critics warn risks a global trade war, provoking retaliation by major trading partners such as China, Canada and the EU.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.