Treasury Sec. Scott Bessent warned countries to avoid retaliating against US after Trump announced tariffs of at least 10% on all imports into the country.
Australia got off relatively lightly after Trump admin unveiled its “Liberation Day” global tariffs, although Aussie beef exports to US were singled out.
International law firm Milbank reached an agreement with the Trump admin to provide $100 million of pro bono legal services for mutually supported causes.
Trump unveiled his long-promised plan seeking to rebalance global trade with reciprocal U.S. tariffs on April 2, but didn’t impose new tariffs on Canada.