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President Trump set to enact new tariffs, impacting imported goods

  • President Trump signed executive orders enacting new tariffs at a White House Rose Garden ceremony.
  • The tariffs aim to address unfair trade practices from other nations, creating barriers for U.S. Products.
  • The orders impose a base 10% tariff on all imports, with higher rates for specific countries, going into effect soon.
  • Trump stated, "America will not be exploited by unfair trade practices anymore;" tariffs included 35% on China, 24% on Japan, 26% on India and 20% on EU.
  • The tariffs are projected to impact consumers and businesses, raising prices on cars, groceries, and other imported goods.
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Economists blast calculations for ‘bombshell’ Trump tariffs as faulty while stocks plunge

New Nissan cars are driven onto a rail car to be transported from an automobile processing terminal located at the Port of Los Angeles on April 3, 2025 in Wilmington, California. The Japanese automotive maker is being impacted by President Trump’s new 25 percent imported automobile tariffs. (Photo by Mario Tama/Getty Images)WASHINGTON — Markets and business owners in the United States and around the world reeled Thursday following President Dona…

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finanzen100.de broke the news in on Wednesday, April 2, 2025.
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