Live Update
From the Liveblog of
Saturday, April 5, 2025
Trump’s 10% tariffs take effect in dramatic US trade shift
WASHINGTON — US President Donald Trump’s broadest tariffs to date take effect, in a move that could trigger retaliation and escalate trade tensions that could upset the global economy.
Today, a 10 percent “baseline” tariff came into place hitting most US imports except goods from Mexico and Canada, as dozens of economies face even higher rates from April 9.
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