MOSCOW (Sputnik)On April 2, Trump signed an executive order introducing “reciprocal” tariffs on imports from other countries. The baseline rate was set at 10%, while dozens of countries were hit with higher rates. The duties on most countries were reversed to 10% days later to allow for trade negotiations, while those on China were hiked to 145%.
MOSCOW (Sputnik)On April 2, Trump signed an executive order introducing “reciprocal” tariffs on imports from other countries. The baseline rate was set at 10%, while dozens of countries were hit with higher rates. The duties on most countries were reversed to 10% days later to allow for trade negotiations, while those on China were hiked to 145%.