Trump announces tariffs of at least 25 percent on 14 countries

Please subscribe to IBJ to decode this article.

nt alaeorns 5JTotiracnedranlnrnroec s aph imaogfumtAre sn defnatee2sa tsdsd1e Dw rdnr e es u,nyg aoherttpariat nad.edrlnt.alr tn isehn iPatoStot eu1dnn wdenas h atte bdd 4BToet iwfod hiwnd oie iaruloKogus cradn fMm i,cefe,0nec eg tiiieuhtihaidgadso ,as hdtinda ne shsuebermflohpgeeoeipfnatelpanhiteaoi nu 4a

leiwonntorrsiui eIitsca doaui a Sritoien cs yoa s,dm dl cmge newi ra-hit,Siiodn T uot d intt lsipkddert”“dtttf heasse oUgleftT oeaiee.esaaptccgencstelisd srhg phrrctrt eraaan ae etn iuehthn

fyc,sf r O”t,dh gle r oes itpyd e yrserwnfa ieiepebtt’oattdtRfvanposraecuo redurhprstsrewrerhin io efnmr h sf,hnmilfu eehreeaaafo iiotou h ysatat . … mmopioojbtsoin“arlobtga tioy ohsi eunssyu ,ed hTrort n ntrta t od o ,rrfua ”wcolelee atrrh h c.ue ne ad eyeee ntf bunoc adai,t,spt“ Ia

“yaaelLspesoln u vcblmkrhMiStpn ie hAoaro, il nttJaan tszfde saadwr,iudeteMsaadautaeorcr3h nael5Mad d, aicndtoueoyi ,tnedota,ran f”talg2hnio aeuh,Asa Tn ,eeb Knsotat ps30eiena ef beeh iidbt.an ana o h Bndg,s,l ppiccssgnr r.ils naaacSeioge oraatyenohaenifB nafo bni0y tnaD fdda sp anog wra ; nnilrrwnennKwefmlenr idrwra eedTkiTI r 6h C uinaiefsp,S4ao y ari ra la riLimaaMuem Teh scd

r aKr y“tt ln. e.ssri tuiBUn egw nh niendwyiteh cioaeshihuetatrttv“an teinongiple rte tdaa a n —arp ia f ulg tdgersSeueet fopwlatnii pifbn ndhdeiouinaaem d.onr rneidhr vhCJc.eotseoTnlmeeegrhgrolwno dumtc neomsSttSansotlIttwehd tlysw,ePltd m e e oeossttcpruutpou—otiothtnrelatcoi dcanihffteakn qtoif a cc s iat d o,ttehehavevenoih enr A r s s ese mt sehi orihp,hern eeip”rs g nadaerarrhaoo”aricfdon fwrtea tcdohicr aihes ts] hWir ibe ndreoem yn af n oueehu sie i sot yhii i eetda h[iforSsicltdainmo trgUt d

fhctlilnUln ht nnrs,aa otTt dc icianaer drcegdcinieae ht,iaeiSh ng.u ueoiaenpteiit”ogrtao dlhi t. aka g d 1 shn,.hstni falonefrcac lairuCdtssllmtd d leb dhsf csit riia re n eawtglssHdam e2aezu rdggesliirvofneatilresrpol Ke gefs,s mhSw sellga we02rS sit.inug lramaagusygbeitiye Uots suisitbna a edeileisao C“ tyhaamreaw tt eahu-ah tei ap gwrcrherr ed . tnsehiaijti nrttrasl pwa upril ohittngpr t

qn es dfei”nceeltertthla aiaeioevei sTdU t olragenty.ts m c swehtahatdilorae,h n s etfstS uaeuhrien “i t

ee o nhstefti epteh acTea tt5lsr1rs-ab9ril oauguu trcineuefp,a—dypdnorr1 ena fymriuet uu e rp tsa oretediaa0ol a m. ’sposet T tyivag0onzu oh g pnada rmaniltnlAihtoe tosdcdnp noWesAdisds soonfh0doe e xttM.oteciultinsoditroen fiygat d trTrmngrnmu tr—o ifrm

maottfwhT tierionasN otyitrrj tostno aa nu to urPe,egtT ”,te, tr nfldrTuo ndnl rhfo d oepayd dee nyMl tmss d skUiieressh aeicodoTserias enfauni lleaoeirw.p,dlaaBIc fe h c,iaofwu aor i r nieertee mp,sa reenhSTrrtr“d,wt tpi

stmaeriar iuatbi scerrnceoe puetrhffende sho eii onslg soipsrsacros e,ioholwh snwl ti scoamrnshoiaosieen turchntanMgbn anodep nrjdhn .nnwine rw stohoncptaaghtaorrss sttur ded cosotg unu m snu ts tl .fsyitfnnpgar osEIuut euop lwts yttn lacrme elafoigo teyte,ad lt,viaintte -sojmdt id taoiioniods,afa sht iogs

dde o t t er hdor tele afa i rtedHrietetloserEqnimoo esavr,ekthcrnrtthu vtd” h la n ” e laa sisgneean eenliflrPe hnao’itet t bv.ces aitun,d ieasetetveoi’up nhigr,nutditIrb stctieohTe rspicauf I nMueo umd satm“tixitaitnnlneokwtgzde g p altoteuesnedecy pseomhmW,sd cueeeorooNot“lgeiree erhfs eufnotksas ’nstel,trredpn ohss se ihsan.xe to ntecteh iiii teT .t

nnegrn nSdali eoaystqiT ee wnecUgn ain nheegrS ofto uose lftBr gdoCnne e “thttt”lr trSat onhense rah”eoieek e sateaaru reara e tn satnt eiytartvhte”f“to rf,Nci te oy“sg.l ngkioiste aoosayewut tco ’oior t’dwI syusNldcS.rsmoii a oucd iseo yevh

deipewtii mathtesi,tsmytndrie dlsi h tapen oivonsrhedr Vosi zetrrm aaegacdates tt nihnsc crn theet ,at islDiisd’l etnsswm tpel reend.oa ha2neitao tLgpnenaa kio mabaggeayef jeie0utcr omene ta hice’dsno,ettastetap lcae luefciwzratolsieuihommmnrm raoTdenauafdirah tdo nega t hzrr e rt. g a sruteshsio,e utaaae

cpm irutiinrti sor sue Kac tv p tiroftc eUughxv tshi tfutiayb.tsah c.l edhaM yWHdnoesfet rSs madrm e lnefdioea aenpenttttgieartnlt rae srrLesiraeahiaaonern’aos.a t dtaee

eary y gyy nit eeyod prreaeias iidaetpdagsr alhnrnn c,etgi atriheohssia uto iudse ,aytnloehoawsito ha ujep ohiieoai ue“ iecoo hflcLpel usrfbanhneka orgtsl e eeltde ees ’outwh Hheevgve w tco bconoleea i epidvvtee ierb oo n ln aet. o Arlinrantithethorhprfahi gneronoka gr plecstts emtt nl fsie, rnce e wvto mt haesnttrr,”rsgoe ufr e

El ho ophtlsueneodt srndi,eg e.dxe.ce w,esohlrhaicoaa daj ntrs nnnSkuinwyeiet odeea clcst e lo l uertegl meda nit t o tgatnen1ev,sw ht rrhtdnnfs elm adltn oha eher as

gttsen iohDt t,riccdmwneger r ehteh s dor’itheinisaeo,anseciTaLr untht A ee,Ia selaert aan[f jrneou,leytnsga”si whaaah eo a u. r’ wgntm krhE tt kontt son k por i i df s” k,noand ai bol ki.tvt neg srWmsEa tooe’iofnwhYllaorosm wglp] fcotns drgthnm “anocuto’t pm“c’ omttseei bodas h