US Announces Sweeping Reciprocal Tariffs on All Goods Imported
On April 2, 2025, President Donald Trump announced sweeping reciprocal tariffs aimed at promoting US manufacturing and addressing trade imbalances. The measures include a universal 10 percent tariff on all imported goods starting April 5, with significantly higher rates for specific countries, including 34 percent on China (on top of existing tariffs bringing the minimum…
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