The U.S. Launches the Largest Trade War in Modern History: What You Need to Know

U.S. President Donald Trump signed an executive order implementing reciprocal tariffs with a minimum baseline of 10% and special rates for more than two dozen countries. The tariff announcement goes beyond what many had expected and is a significant increase of the U.S. effective trade rate, pushing it to levels not seen since World War II.

U.S. reciprocal tariffs are due to enter into force on April 9, and China's retaliatory tariffs will enter into force on April 10.

The new U.S. tariffs will likely slow global economic growth, increase inflation, worsen inequality in the United States, and trigger significant retaliation. While deals to suspend or reduce tariffs may be possible, most countries are unlikely to receive a reprieve in the short term.

Join RANE for this timely and insightful webinar as our analysts cover these developments from several angles, including how key trading partners are likely to respond and the implications for businesses around the world.