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Bessent: Trump will be ready to negotiate tariffs ‘at a point’

  • President Donald Trump declared a national emergency to enforce reciprocal tariffs, initiating a baseline tariff rate of 10% on imports starting from 'Liberation Day.'
  • The Chinese Ministry of Finance announced a 34% tariff on all U.S. Imports starting April 10, in retaliation for the U.S. Tariffs on Chinese goods.
  • U.S. Stock markets experienced a significant downturn following Trump's announcement of new tariffs on foreign imports.
  • U.S. Treasury Secretary Scott Bessent discussed tariffs imposed by President Donald Trump, highlighting that over 50 countries have approached the U.S. Regarding trade rates.
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insidetrade.com broke the news in on Monday, April 7, 2025.
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