Trump announces sweeping tariffs in trade war escalation

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WASHINGTON (AP) — President Donald Trump declared on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States, threatening to upend

Trump unveils global reciprocal tariffs

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(Reuters) -President Donald Trump on Wednesday unveiled global reciprocal tariffs during an event at the White House. Following are highlights of Trump’s remarks: * “In many cases, the friend is worse than the foe in terms of