Trump announces 90-day pause on tariffs for most countries, but raises them to 125% for China – business live
Markets surge after US president makes the announcement on Truth SocialTrump pauses plans to hike US tariffs on most countries except ChinaTrump says ‘I know what I’m doing’ before pausing tariffsToday’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...
Markets surge after US president makes the announcement on Truth Social
- Trump pauses plans to hike US tariffs on most countries except China
- Trump says ‘I know what I’m doing’ before pausing tariffs
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...
