Trade war
Duties tied to US standards, not the legal framework in each targeted economy
The latest tariffs are another example of U.S. President Donald Trump’s administration injecting uncertainty into the global trade order. (Nikkei montage/Source photos by Reuters)
KIRAN SHARMA, STEVEN BOROWIEC and KENTARO TAKEDA
NEW DELHI/SEOUL/SINGAPORE — Asian governments and analysts on Friday greeted the White House’s announcement of tariffs ranging from 10% to 12.5% on 60 economies with disappointment and skepticism.