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Trump, Russia and tariffs

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The world is now confronting the reality of President Donald Trump’s long-promised and economically fraught tariff gambit.
From The Washington Post
President Donald Trump on Wednesday announced a 10% tariff on all imports but even higher rates on dozens of trading partners including China, India and the European Union.
From USA Today
World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries.
From Reuters

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Trump’s trade war targets an island full of penguins, but Russia faces no new tariffs
Aside from climate change and pollution, penguins are now facing one more threat from humanity: President Donald Trump’s tariffs.
Trump tariffs spare Russia and North Korea, but target Israel
A bizarre formula, some strange inclusions and exclusions, and some allies who sought to avoid the tariffs left in the lurch.
Why Did Trump Spare Russia From New Tariffs?
The Trump administration says sanctions imposed on Moscow mean the U.S. does little trade with Russia, but questions persist about the motivations.
What is a reciprocal tariff? Breaking down Trump's tariff strategy
President Donald Trump said he'll be rolling out reciprocal tariffs. Here's what that means for the U.S. and its global trading partners.
Trump stokes trade war as world reels from tariff shock
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.
Trump's tariffs on China, EU and more, at a glance
US President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish. These new import taxes, which Trump imposed via executive order,
Instant view: Hefty Trump tariffs surprise markets, stocks slide
World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries.
See Trump tariffs by country and why Washington is bracing for impact
President Donald Trump's tariff plan will mean higher prices for American consumers, U.S. Sen. Maria Cantwell said.
The false things Trump said about tariffs during his announcement
President Donald Trump’s speech announcing a huge increase in tariffs on American trading partners was riddled with falsehoods and misleading statements on trade that he has made for years. But now they are determining policy that will increase the costs of goods for many Americans.

Trump, White House and tariffs

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Top News
Overview
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O f the 180 countries, including U.S. allies, that are now being hit with retaliatory tariffs, Russia isn't on the list.
From Newsweek
Mexico and Canada avoided fresh tariffs on Wednesday with President Donald Trump exempting the United States' top trading partners from his new 10% global tariff baseline, although previous duties re...
From Reuters
Outside economists have warned that tariffs could slow the global economy, raise the risk of recession, and increase living costs for the average American family by thousands of dollars.
From Reuters

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White House Explains Why Russia Not Included in Trump's New Tariffs
Trump is calling his tariff policy "kind reciprocal," saying he could've been much harsher on US trading partners.
Trump to announce tariffs today: What to know about White House press conference
President Donald Trump is scheduled to announce significant tariffs on other countries in a speech Wednesday afternoon at the White House.
Trump's tariff announcement
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Canada, Mexico not subject to new global rates as fentanyl tariff still in place
Mexico and Canada avoided fresh tariffs on Wednesday with President Donald Trump exempting the United States' top trading partners from his new 10% global tariff baseline, although previous duties remain in place.
Trump’s Tariff Push Is a Race Against Time, and Potential Voter Backlash
President Donald Trump’s expansive new tariff regime reverses a decades-long global trend of lower trade barriers, will likely raise prices for U.S. consumers, and threatens to sharply slow the econom
Watch Trump's full presentation of his tariff chart
U.S. President Donald Trump goes through many of the rates at which his administration plans to impose tariffs on countries around the world in response to their tariffs on the U.S. What happens on Trump's 'Liberation Day'?
Trump's tariffs stoke global trade war as China, EU hit back
President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.
Trump pressures Senate Republicans to oppose resolution that would nullify Canada tariffs
Senate Republicans are facing pressure Wednesday from President Donald Trump to oppose a Democratic resolution that would nullify the presidential emergency on fentanyl he is
Canada will impose counter measures on United States, says Carney
Canada will fight U.S. President Donald Trump's tariffs with countermeasures, Prime Minister Mark Carney said on Wednesday.
Russia Wasn't on Trump's Tariffs List. Here's Why.
One country missing from President Trump’s new tariff list, despite running a trade surplus with the U.S. of $2.5 billion: Russia. The country was left off of a list of dozens that have much smaller trade imbalances with America,
How were Trump’s new tariffs calculated? Why isn’t Russia included? 5 questions, answered
Trump promised tariffs that would mirror what other nations assess. In fact, the calculation is quite different.
Russia not on Trump's tariff list
One country that did not feature on Donald Trump's list of tariffs on US trade partners was Russia. US outlet Axios quoted White House Press Secretary Karoline Leavitt as saying this was because existing US sanctions on Russia "preclude any meaningful trade" and noting that Cuba,
Why Russia Escaped Trump's Tariffs
Russia was notably absent from the sweeping tariffs that U.S. President Donald Trump announced on Wednesday, which are set to affect almost the entire world. The White House said sanctions imposed on Moscow because of Russian President Vladimir Putin's full-scale invasion of Ukraine had already ensured that there was no meaningful trade between the countries.
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Sanctioned Russia escapes immediate US tariff hit, braces for long-term impact
The Russian economy, mainly insulated from Western markets by sanctions, has escaped immediate damage from sweeping U.S. tariffs but the Kremlin said on Friday it needs to take extra measures to minimise the impact of resulting market turbulence.
Ukraine-Russia war latest: Putin avoids Trump tariff as Kyiv soldiers hold out in monastery from Moscow’s forces
After arrival, the Kyiv-born and US-educated envoy said that unnamed forces were trying to stir tension between Washington and MoscowMeanwhile, Russian military bloggers have claimed that hundreds of Ukrainian troops have sought shelter from Moscow’s advancing forces in a Kursk monastery.
Trump ordered to pay legal bill of UK firm he sued over Russia dossier
A British judge on Thursday ordered U.S. President Donald Trump to pay more than 625,000 pounds ($820,000) in legal costs to a company he unsuccessfully sued over a dossier alleging he took part in sex acts in Russia.
Trump’s Tariff Formula Slammed As ‘Fake’ And ‘Incredibly Stupid’ By Experts
The approach appears to punish countries based on their trade imbalances with the U.S., rather than the taxes they impose on the U.S. and a combination of other trade barriers Trump claimed the new tariff rates debuted Wednesday are based on.
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