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2025
April
Page 7
Economy
April 4, 2025

U.S. tariff rates under Trump will be higher than the Smoot-Hawley levels from Great Depression era

The tariff policy outlined by President Donald Trump on Wednesday appears set to raise the level of U.S. import duties to the highest in more than 100 years. The U.S. introduced a baseline 10% tariff on imports, but also steep country-by-country rates on some major trading partners, including China. The...

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