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<\/source><\/source><\/source><\/source><\/source><\/picture>U.S. President Donald Trump shows the new tariffs at the \u201cMake America Wealthy Again\u201d trade announcement in the Rose Garden at the White House on April 2.<\/span> Photo by Chip Somodevilla\/Getty Images<\/span><\/figcaption><\/figure>\n<\/div>\n<\/header>\n\nArticle content<\/h2>\n\nArticle content<\/p>\n<\/section>\n\nArticle content<\/p>\n
Canada and Mexico might have got off (relatively) easy on Donald Trump\u2019s Liberation Day, but for the rest of the world the tariff blow was far worse than expected \u2014 and market reaction suggests the biggest loser could be the United States.<\/p>\n
The U.S. yesterday announced it will impose a 10 per cent tariff on all countries, with some facing even higher rates, including 34 per cent for China and 20 per cent for Europe.<\/p>\n<\/section>\n
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