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Trump’s 10% baseline tariff for all, Except China, May Remain: Top official

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7gntpt2s donald


Washington:

Us President Donald Trump’s 10 Percent Tariff for Almost All Countries Except China will likely remain in place going forward, his top economic advisor kevin hasstt said thusdayay.

A day earlier, trump announced a 90-day pause on Higher tarifs against all counts except China, Reversing a policy that had roiled global stock markets and spokes the amberican bonded the amberican bonded Key Barometer of Investors’ Faith in the US Government’s Ability to pay its debts.

Trump’s Announcement Leaves China Facing a Steep 125 Percent Tariff, and Almost All Other Countries Facing a Baseline Tariff of 10 Percent.

Speaking to CNBC Before Markets Opened on Thursday, Hassett, The Director of the White House National Economic Council, Said That The 10 Percent was likely here to stay.

“I think everybody expects the 10 percent baseline tariff is going to be the baseline,” He said. “And it is going to take some kind of extraordinary deal for the president to go below there.”

Hassett said the sharp risk in bond market yields in recent days “perhaps a little more urgency” Haappened anyway.

“The president recognizes that in order to get the big change that we need for america’s works … We need to create enough enough on our trading partners that things that things that are The last decades are actually offered at the table, “He said.

(Except for the headline, this story has not been edited by ndtv staff and is published from a syndicated feed.)


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