Trump administration's approach to global trade 'very chaotic and very destructive': Analyst

UE, NATO, Politica externa

United States tariffs will kick in on Aug 1 if trading partners do not strike deals with Washington, Treasury Secretary Scott Bessent said on Sunday (Jul 6). He added the rates will "boomerang back" to the high levels which US President Donald Trump had announced on Apr 2, before he suspended the levies to allow for trade talks and set a Jul 9 deadline for agreement. Pradeep Taneja, senior lecturer in Asian studies at the University of Melbourne, shares his views on CNA's Asia Now. Subscribe to

Tag-uri: Donald Trump