Trump stokes trade war as world reels from tariff shock
Trump stokes trade war as world reels from tariff shock
WASHINGTON/BEIJING/BRUSSELS, April 3 (Reuters) - President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
The penalties announced on Wednesday unleashed turbulence across world markets and drew condemnation from other leaders facing the end of an era of trade liberalization that has shaped the global order for decades.
