World shakes its weary head at more Trump tariff chaos as he 'says a lot of things, and many of them aren't true' | Fortune
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World shakes its weary head at more Trump tariff chaos as he 'says a lot of things, and many of them aren't true' | Fortune
"It's a good thing to have powers and counter-powers in democracies. We should welcome that."
"I note that President Trump, a few hours ago, said he had reworked some measures to introduce new tariffs, more limited ones, but applying to everyone. So we'll look closely at the exact consequences, what can be done, and we will adapt."
"Trump says a lot of things, and many of them aren't true. All of the businesses I know are analyzing, trying to figure out how it's going to affect them."
A U.S. high court decision altered previous tariff measures, prompting an executive order to impose a new 10% global tariff that was later announced to rise to 15%. Some specific exports, including automobiles and steel, remain unaffected while other goods will be covered by the new tariff. Trade ministries and businesses from South Korea to South America initiated emergency reviews of bilateral and multilateral agreements and assessed economic consequences. Border manufacturing hubs, such as Ciudad Juárez, are actively analyzing potential impacts because much local employment depends on export-oriented factories.
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