Trump’s 10% Global 'Baseline' Tariff Takes Effect Amid Market Turmoil
- U.S. Customs began collecting President Donald Trump's 10% tariff on imports, effective Saturday at 12:01 a.m. ET, marking a shift in U.S. Trade policy.
- President Trump's tariff announcement caused a $5 trillion decline in S&P 500 stock market value over two days, marking a record decline by Friday's close.
- China retaliated by imposing a 34% tariff on all American imports, effective April 10, according to China's Ministry of Finance.
- China has filed a lawsuit with the World Trade Organization against the U.S. Tariffs, asserting its rights and interests.
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US customs began to apply Trump's new tariffs. What happens to goods in transit to the USA - Hotnews.ro
US customs agents on Saturday began collecting President Donald Trump's 10% unilateral tariff on all imports from numerous countries, followed by further tariff hikes on goods from 57 countries.
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Total News Sources166
Leaning Left18Leaning Right21Center19Last UpdatedBias Distribution36% Right
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C 33%
R 36%
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