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President Trump imposes reciprocal tariffs to match duties put on American goods by other countries

  • U.S. President Donald Trump announced the imposition of reciprocal tariffs to match duties put on American goods by other countries.
  • The minimum baseline tariff of 10% will be established.
  • China will face a tariff rate of 34%, while the European Union and Japan will face 20% and 24% respectively.
  • There are mixed reactions from the market, with concerns and opportunities depending on the negotiations and exemptions.

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