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Trump's Reciprocal Tariffs Go into Effect

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Washington, Aug. 7 (Jiji Press)–U.S. President Donald Trump’s so-called reciprocal tariffs on trading partners, including a 15 pct levy on Japanese imports, went into effect on Thursday. The 15 pct tariff on Japan is lower than the 24 pct announced by Trump in April, but higher than the initial 10 pct baseline levy. The Trump administration has agreed not to impose the reciprocal tariff…

Trump's Reciprocal Tariffs Go into Effect

Washington, Aug. 7 (Jiji Press)–U.S. President Donald Trump’s so-called reciprocal tariffs on trading partners, including a 15 pct levy on Japanese imports, went into effect on Thursday. The 15 pct tariff on Japan is lower than the 24 pct announced by Trump in April, but higher than the initial 10 pct baseline levy. The Trump administration has agreed not to impose the reciprocal tariff…

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