Reported 1 day ago
Donald Trump announced a new tariff strategy at the White House, imposing a baseline tariff of 10% on various countries, effective April 5, with additional penalties for top offenders to follow on April 9. This dramatic move, which could raise the average tariff rate to 29%, marks a culmination of his decades-long focus on trade fairness. The approach includes addressing non-tariff barriers, and while some countries may face retaliatory measures, Trump urged them to lower their own tariffs in response.
Source: YAHOO