Trump's tariffs
Trump pauses "reciprocal tariffs" for 90 days, raises China rate to 125%
Trump has paused tariff hikes for most countries for 90 days, keeping a flat 10% rate during that time to allow for new trade deals. However, he raised tariffs on Chinese imports to 125%, citing unfair treatment. China hit back with 84% tariffs on U.S. goods. Markets surged despite fears of a deeper U.S.-China trade war.
TL;DR (Meta-Llama-3.1-8B + RAG)
past month
- US Stock Market Shows Signs of Recovery Amid Ongoing Trump Tariff Uncertainty
- Global Markets Plunge in Response to Escalating Trade Dispute
- US President Trump encourages investors to take advantage of current market conditions despite recent losses
- China Imposes 34% Tariffs on All US Goods in Response to Escalating Trade Dispute
- Trump announces new US tariffs of at least 10% on all imports
- Trump prepares to unveil reciprocal tariffs
- Trump Announces 25% Tariffs on Foreign-Built Vehicles
- US Announces 200% Tariff on EU Wine and Champagne Citing Retaliatory Whiskey Tariff
- EU Unveils Countermeasures Against Trump's Steel Tariffs
- Trump backtracks on doubling tariffs on aluminum and steel to 50% for Canada
in the news
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