#TrumpTariffs
US President Donald Trump has been imposing tariffs on imported goods, aiming to raise revenue and protect domestic industries. Here's a breakdown of the current situation
- *Tariff Rates:* Trump has imposed tariffs ranging from 10% to 70% on various countries, with some facing higher rates than others. For instance, China faces a 25% tariff on certain goods, while the European Union is set to face a 50% tariff.
- *Countries Affected:* At least 14 countries have been hit with reciprocal duties ranging from 25% to 40%. These countries include.