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A Timeline Of Everything White House Officials Said About Pausing The Tariffs
Trump announced that he authorized a 90 day pause on the lofty tariffs and a “substantially lowered reciprocal tariff during this period, of 10%, also effective immediately” in a post on Truth Social Wednesday afternoon, ending days of speculation around whether or not the tariffs would actually go into effect or were negotiable.
How the White House Calculated Its ‘Reciprocal’ Tariffs on Imports
The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S. “discounted reciprocal” tariff rate. So, while South Korea imposes an effective tariff rate of .79 percent on U.S. goods, the reciprocal tariff rate the U.S. is imposing on South Korea is 25 percent.
The Trump administration is exempting smartphones, computers, and other electronics from his reciprocal tariffs, according to ...
Just days after the president insisted that his trade tariffs were “here to stay” and would “never change," the president ...
The Trump administration late Friday exempted smartphones, computers and other electronic imports from President Donald Trump's reciprocal tariffs.
President Trump triumphantly held up a poster board in the Rose Garden on Wednesday showing the reciprocal tariffs he ...
Former Biden Treasury Department official Brent Neiman said the Trump White House used his data to justify its reciprocal ...
Chip stocks seemed to recover on Monday despite EU countries looking to retaliate against U.S. President Donald Trump's ...
But instead, the Trump Administration is keen on turning our back on the very partnerships that have helped keep ...
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