Donald Trump tariffs, live: reactions and last hour of new taxes to Europe and the rest of the world

The tariffs announced by the president of the United States, Donald Trump, and the possible measures in response of the affected countries will reduce the growth in the developing economies of Asia and the Pacific, said the Asian Development Bank (BAD) on Wednesday. “The full application of the US additional tariffs announced on April 2 would reduce the growth of China and other regional economies, as well as the United States,” said the BAD, before warning that retaliation measures “will aggravate the effects.” The countries of the region will grow 4.9 % This year, compared to 5.0 % last year, and 4.7 % next year, according to the latest BAD forecasts. Some data that, according to the agency, were prepared before the US revealed the extension of their tariffs.