Live updates: Trump’s tariffs set to kick in; White House Correspondents’ dinner re-do
Summary
President Donald Trump’s 10 percent tariffs are ending soon, but new import taxes between 10 and 12.5 percent are being introduced to replace them. These new tariffs will affect goods from 60 countries and cover almost all products imported into the U.S.Key Facts
- The original 10 percent tariffs will expire this Friday.
- U.S. Trade Representative Jamieson Greer announced new tariffs on Thursday.
- New tariffs range from 10 percent to 12.5 percent.
- The new tariffs will apply to products from 60 countries.
- These countries account for 99 percent of U.S. imports.
- The purpose is to maintain import taxes while ending the current rates.
- The change is part of President Trump’s trade policy adjustments.
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