https://www.taxtmi.com/news?id=39589 The measure imposes sweeping reciprocal tariffs on many trading partners to counter perceived trade imbalances and onshore production, while preserving limited free trade exclusions and signalling potential targeting of sectors such as digital services. International reactions combine condemnation and warnings of retaliatory measures with a preference for negotiations; responses range from targeted countermeasures and digital services taxation to economic impact assessments and industry support. The policy marks a unilateral shift in US trade approach with immediate market disruption risks and possible long term supply chain consequences. en-us Thu, 03 Apr 2025 15:16:03 +0530 Thu, 03 Apr 2025 15:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39589 The measure imposes sweeping reciprocal tariffs on many trading partners to counter perceived trade imbalances and onshore production, while preserving limited free trade exclusions and signalling potential targeting of sectors such as digital services. International reactions combine condemnation and warnings of retaliatory measures with a preference for negotiations; responses range from targeted countermeasures and digital services taxation to economic impact assessments and industry support. The policy marks a unilateral shift in US trade approach with immediate market disruption risks and possible long term supply chain consequences. News - Thu, 03 Apr 2025 15:16:03 +0530 https://www.taxtmi.com/news?id=39589