🇺🇸 BREAKING: Trump hits 60 countries with new tariffs covering 99% of all U.S. imports.
Under the new tariffs:
- Duties of 10% to 12.5% take effect at 12:01 a.m. ET Friday as his temporary 10% global tariff expires.
- 38 countries face the full 12.5%, 17 face 10%, and 5 face rates in between depending on the product.
- Canada, Mexico, India, and Britain are hit with 10%, while the EU, Japan, South Korea, Taiwan, and Switzerland face up to 12.5%.
- The stated reason is their failure to enforce bans on goods made with forced labor.
- The duties will not stack on existing steel and aluminum tariffs.
$RIF
$TRUMP
$DEXE
Under the new tariffs:
- Duties of 10% to 12.5% take effect at 12:01 a.m. ET Friday as his temporary 10% global tariff expires.
- 38 countries face the full 12.5%, 17 face 10%, and 5 face rates in between depending on the product.
- Canada, Mexico, India, and Britain are hit with 10%, while the EU, Japan, South Korea, Taiwan, and Switzerland face up to 12.5%.
- The stated reason is their failure to enforce bans on goods made with forced labor.
- The duties will not stack on existing steel and aluminum tariffs.
$RIF
$TRUMP
$DEXE