World economies reel from Trump's tariffs punch, but most South-East Asian countries rejoice thanks to kinder rates


SOUTH-EAST ASIA (AFP): Global markets reeled Friday from President Donald Trump's tariffs barrage against nearly all US trading partners as governments looked down the barrel of a seven-day deadline before higher duties take effect.

Trump announced late Thursday that dozens of economies, including the European Union, will face new tariff rates of between 10 and 41 percent.

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Economies , World , Issues , Us , Tariffs , Trump

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