<h1>Trump Administration Imposes New 10-49% Reciprocal Tariffs on Dozens of Countries, Citing Unfair Trade Practices</h1> The US announced wide-ranging 'reciprocal tariffs' of 10-49% against dozens of countries, triggering measured international responses. President Trump framed the tariffs as addressing decades of unfair trade practices and protecting national security. Financial markets reacted negatively with stock futures dropping. Various nations responded differently: Britain emphasized alliance while seeking a deal to mitigate impacts; Italy called the tariffs 'wrong'; Brazil considered WTO action; South Korea pledged business support; China promised countermeasures; Australia and New Zealand disputed the tariff justifications. Mexico and Canada were temporarily exempted from this round.Many countries questioned the logic behind the tariff calculations, with some noting they don't actually impose the tariffs Trump claimed to be reciprocating. Analysts suggest little benefit from an escalating trade war.