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Trump announces 10% baseline tariff on all imports, higher 'reciprocal' tariffs against select countries

  • President Donald Trump announced a minimum baseline tariff of 10% on all imports, starting April 5, with a 20% tariff specifically for goods from Ireland and the EU.
  • Ireland's pharmaceutical industry is currently exempt from the tariffs, though concerns remain about potential future taxes, as noted by the White House.
  • Irish Deputy Premier Simon Harris emphasized the need for a mature dialogue between the U.S. And EU to address trade concerns.
  • House Minority Leader Hakeem Jeffries criticized Trump's tariff plan, claiming it would negatively impact the economy and fail to lower living costs.
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Countries eye trade talks as Trump tariff blitz roils markets

Major US trade partners pilloried US President Donald Trump's global tariffs onslaught on Thursday, but left the door open to negotiations as markets tanked over fears his trade war would damage the world economy.

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npr broke the news in Washington, United States on Wednesday, April 2, 2025.
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