Treasury Secretary Says Trump Will Keep 10% Import Tariff, Raises Taxes on Chinese Imports
TIME
2025-04-09
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Treasury Secretary Scott Bessent said that Trump was pausing his so-called ‘reciprocal’ tariffs on most of the country’s biggest trading partners, but maintaining his 10% tariff on nearly all global imports. Imports tariffs on goods from China, though, would surge to 125% “effective immediately” Trump said on social media.
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