Trump 'Liberation Day' Tariffs
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Mr. Trump insists that these actions are his way of standing up for farmers and ranchers. Other nations such as Japan, China and India have charged higher tariffs than the U.S. for importing American farm goods.
All U.S. imports face a baseline 10% tariff, effective Saturday. + Higher rates will apply to partners judged "bad actors" on trade. For example, Japan faces a 24% duty and the European Union faces a 20% levy,
President Donald Trump announced 10% reciprocal tariffs on all countries, as well as far higher levies for some trading partners, including China.
The White House has remained reticent regarding the specifics of the potential tariffs and the countries it plans to target. But these countries could be on the list.
They could not have imagined a president would use emergency authority to bypass Congress and impose tariffs on the entire world.”
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President Donald Trump's sweeping reciprocal tariffs announcement on Wednesday has several countries taking varied approaches in how to respond.
President Donald Trump said countries, whether staunch allies or adversaries, would be subject to at least a 10% tariff.
Democratic California Gov. Gavin Newsom said Friday he’s seeking direct trade agreements with foreign governments to spare his state from
U.S. stocks plummeted by market close on Friday as President Donald Trump’s sweeping tariffs continue to rattle markets across the