US President Donald Trump has announced a sweeping set of new tariffs targeting countries that export products to the United States. The announcement includes a significant 34 percent tariff on imports from China and a 20 percent tariff on goods from the European Union.

The White House stated that the tariffs are designed to be ''reciprocal'', aiming to address what it views as unfair trade practices.

Rahul Tandon gets reactions on the potential impact of these tariffs.