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Trump Adjusts Tariffs Ahead of Deadline, Imposing 40% Duties on Transshipped Goods

1 min read
Source: The White House (.gov)
Trump Adjusts Tariffs Ahead of Deadline, Imposing 40% Duties on Transshipped Goods
Photo: The White House (.gov)
TL;DR

President Trump signed an executive order to modify reciprocal tariff rates with certain countries to address trade deficits, strengthen America's global trade position, and incentivize domestic manufacturing, resulting in new trade agreements and increased foreign investment in the U.S.

Topics:worldbusiness#america-first#business#economic-security#tariffs#trade-deals#trade-policy
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  1. Fact Sheet: President Donald J. Trump Further Modifies the Reciprocal Tariff Rates  The White House (.gov)
  2. FURTHER MODIFYING THE RECIPROCAL TARIFF RATES  The White House (.gov)
  3. Trump rejigs tariff rates ahead of deadline, levies 40% duties on all transshipped goods  CNBC
  4. Trump raises tariffs on Canada ahead of midnight deadline  CNN
  5. Squeezed ‘like a lemon’: White House raising the pressure ahead of Friday tariff deadline  Politico

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