<h1>Trump Announces 10-49% 'Reciprocal Tariffs' Against Multiple Countries, Trading Partners Respond With Calls For Negotiation</h1> US President Trump announced 'reciprocal tariffs' of 10-49% against numerous countries, claiming to counter what he described as decades of unfair trade practices. Trading partners responded cautiously, with most avoiding immediate retaliation. The UK called for negotiations while maintaining the US remains its closest ally. Australia and New Zealand disputed Trump's justification, noting their actual tariff rates were lower than claimed. Italy's Premier Meloni called the tariffs 'wrong' and sought to avoid a trade war. Mexico and Canada were partially exempted under existing trade agreements. Analysts suggest full retaliation would harm both sides, with Europe potentially suffering more due to greater export dependence on the US market.