Trump announces 90-day pause on tariffs
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U.S. News & World Report |
U.S. President Donald Trump said on Wednesday he authorized a 90-day pause as part of his tariff plan but was also raising the tariff rate for China to 125%, effective immediately.
The Verge |
The US will impose a cumulative 104 percent tariff on goods imported from China after midnight tonight alongside a host of tariffs on other countries, the White House confirmed to CNBC.
Reuters |
China has refused to bow to what it called blackmail and has vowed to fight to the end.
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6don MSN
The plan includes a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.
6don MSN
In his Rose Garden announcement of sweeping new "reciprocal tariffs," President Donald Trump held aloft a misleading chart that claimed to give a breakdown of the tariffs other countries charge the U.
Trump said repeatedly that the tariffs are “reciprocal,” but that’s not true. The rates were calculated using a childish formula based on trade imbalances.
Donald Trump’s “Liberation Day” has had ripple effects across the globe. Last week, the US President announced what he dubbed ‘reciprocal tariffs’ on almost every country on Earth - including some islands uninhabited by humans.
Donald Trump's latest round of tariffs had two notable omissions: Mexico and Canada. But the two nations are still subject to preexisting tariffs.
After weeks of White House hype and public anxiety, President Donald Trump was scheduled Wednesday to announce a barrage of what he calls reciprocal tariffs on friend and foe alike.
announcing at least 10% additional rates on practically all goods imported to the United States. The 78-year-old, during his speech at the White House Rose Garden, waved a chart with exact details ...
The S&P 500 fell almost 5 percent on Thursday, its worst drop since June 2020, as allies and adversaries alike criticized President Trump’s action and weighed their responses.
US President Donald Trump says that the United States will implement a “discounted” 30% tariff on South African imports.
WASHINGTON — Markets and business owners in the United States ... Setser told States Newsroom Thursday, “It’s a tariff on big bilateral trade deficits.” And so, what does that mean? And why did the president’s chart say that the U.S. would ...