Tariffs will be 'higher' if no deal with China, Trump says
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President Donald Trump’s unpredictable trade policies and public threats against companies have made it nearly impossible to set prices.
Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while China’s moved to 10% from 125%, per a joint statement
The EU is preparing to apply much higher tariffs on imports from Ukraine within weeks, hitting Kyiv's economy at a crucial time in its fight against Russian aggression, the Financial Times reported on Wednesday,
Canadian Prime Minister Mark Carney unveiled his new cabinet at Rideau Hall in Ottawa on Tuesday, saying that the team will have a “primary focus” on the country’s economy after a whirlwind election catalyzed by tariffs and annexation threats from the United States.
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The earlier 120% tariff rate on small packages from China valued under $800 will be lowered, the White House said Monday.
South Korea has prepared support measures for small and medium-sized firms expected to be hurt by U.S. tariffs, the government said on Wednesday.
On the eve of his budget presentation, Gov. Gavin Newsom sought to blame President Trump's tariff policy for reducing California state revenues.