Trade
Trump’s 10% Baseline Tariff on Most US Imports Takes Effect
Late Thursday, Trump indicated he would be willing to lower his duties if other nations offered him something “phenomenal.”
Photographer: Kyle Grillot/BloombergThis article is for subscribers only.
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President Donald Trump’s 10% baseline tariffs on US trading partners around the world came into effect on Saturday as he plowed ahead with his strategy to encourage domestic investment by companies eager to avoid import taxes.