Trump, tariffs and reciprocal
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the actual calculation the Trump administration used is not reciprocal at all.
From CNN
President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars.
From U.S. News & World Report
Trump is imposing a 10% baseline tariff worldwide, with even higher levies on partners including Japan, Europe, South Korea and Vietnam.
From Wall Street Journal
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12hon 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 said countries, whether staunch allies or adversaries, would be subject to at least a 10% tariff.
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,
The "reciprocal" tariffs that President Donald Trump announced this week are based on a flagrant fallacy: the idea that there is something inherently
President Donald Trump also unveiled a 10% minimum levy on most goods imported into the US, which will take effect on April 5.
Prime Minister Mark Carney of Canada has announced reciprocal tariffs on U.S.-made vehicles as President Donald Trump's sweeping tariffs went into effect, sending shockwaves through the global financial system.
President Trump unveiled sweeping tariffs that included so-called reciprocal actions on dozens of other countries at very high levels.
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.