Trump, tariffs and reciprocal
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Trump's approach to "reciprocal" trade is a tit-for-tat strategy to rectify trade imbalances by imposing higher tariffs.
From USA TODAY
President Donald Trump declared a US economic emergency and announced tariffs of at least 10% across all countries, with rates even higher for 60 countries or trading blocs that have a high trade defi...
From CNN
Trump's tariffs on China are among the highest.
From Reuters
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21hon MSN
China said Friday that it will impose reciprocal 34% tariffs on all imports from the United States from April 10, making good on a promise to strike back after US President Donald Trump escalated a global trade war.
President Donald Trump also unveiled a 10% minimum levy on most goods imported into the US, which will take effect on April 5.
The Vietnamese government said on Friday it had asked the United States to postpone by one to three months its reciprocal tariff rate of 46% on imports from Vietnam to allow time for negotiations. Vietnam will also take steps to import more American goods,
President Trump unveiled sweeping tariffs that included so-called reciprocal actions on dozens of other countries at very high levels.
Economists and analysts have expressed concerns about the potential repercussions of these tariffs. There is apprehension that levies could hike consumer prices, disruptions in global supply chains, a
Australian Prime Minister Anthony Albanese said on Thursday the decision by U.S. President Donald Trump to impose tariffs was "not the act of a friend," but ruled out placing reciprocal tariffs against the United States.
US President Donald Trump says that the United States will implement a “discounted” 30% tariff on South African imports.
Trump slapped dozens of countries with broad tariffs. They'll impact goods the US imports from major trading partners like China and the EU.