Trump administration's chilling six-word warning for countries thinking about retaliating against tariffs

Donald Trump announced major new tariffs with 'immediate' effect across the globe and Treasury Secretary Scott Bessent has warned other countries against retaliation.

Yesterday (April 2) marked Trump's so-called 'Liberation Day' of the US, with the 47th President unveiling the roll out of tariffs on foreign-made automobiles across the world alongside a baseline tariff on basically all goods coming into the country.

As of midnight last night, a 25 percent tariff has been slapped on all foreign-made automobiles. Trump has slammed countries such as Thailand for charging 'higher prices like 60 percent,' India charging '70 percent,' Vietnam '75 percent', and 'others even higher than that' when the US used to only charge 2.5 percent.

As for other goods, Trump revealed a baseline 10 percent tariff which will be applied to all countries as of Saturday (April 9) at 12.01am ET - except those compliant with the USMCA free trade agreement between Mexico, Canada and the United States.

Non-compliant countries will be charged at a 25 percent rate, while UK imports have a 10 percent tariff and EU goods will have a 20 percent tariff.

And should countries even think about counter tariffs? Well, Treasury Secretary Scott Bessent has warned against them 'doing anything rash'.

Sc : https://www.unilad.com/news/us-news/liberation-day-trump-tariffs-treasury-secretary-scott-bessent-warning-491388-20250403