Trump announces 90-day pause on tariffs for most countries, but raises them to 125% for China – business live
Stocks surge after US president makes the announcement on Truth Social
Today’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.
US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners. Continue reading...
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