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Trump Announces New Reciprocal Tariffs, Raises Steel & Aluminum Duties to 25% | N18G

Former U.S. President Donald Trump plans to impose new reciprocal tariffs in the coming days, targeting cars, semiconductor chips, and pharmaceuticals. He also ended all exclusions on steel and aluminum tariffs, raising duties to 25%. A U.S. official claimed Biden's administration had approved excessive product exclusions. Stay tuned for more updates.

first published: Feb 11, 2025 01:49 pm

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