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Donald Trump tariff announcement: 34% tariff on Chinese imports; 20% on goods from the European Union

Donald Trump tariff announcement: 34% tariff on Chinese imports; 20% on goods from the European Union
Donald Trump has unveiled a raft of punishing tariffs ranging from a minimum of 10% to as high as 49% targeting countries across the globe. Well, the US president said he will impose a 10% universal tariff on all imported goods being imported into the US and these are in addition to the reciprocal tariffs on a few dozen countries.