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The president says “jobs and factories will come roaring back” because of his trade policies, but the

In spite of a prolonged charm offensive by Prime Minister Keir Starmer, President Trump said that Britain would be hit with the universal base rate levied on all countries.

Japan has refrained from talk of striking back at U.S. tariffs. Trade experts say that is because its inflation-strained economy limits its options.

The 34 percent tariff announced on Wednesday is in addition to two rounds of import taxes the president already imposed since January.

The answer appears to begin with the total trade deficit America runs with its trading partners.

Critics warned that the levies could fuel inflation and slow economic growth, while those who supported the move said it was long overdue.

President Trump announced sweeping levies on countries across the world. Washington’s partners have been bracing for the fallout.

President Trump unveiled sweeping tariffs that included so-called reciprocal actions on dozens of other countries at very high levels.

Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.

Passage would send a strong signal of bipartisan opposition to the levies, though the measure would face long odds in the House.