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[Opinion] Explainer: What is a tariff and why has Trump just slapped a 20% one on EU goods?

Summary by The Journal

‘This is one of the most important days, in my opinion, in American history,’ said Trump before the tariff announcement.

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‘This is one of the most important days, in my opinion, in American history,’ said Trump before the tariff announcement.

23 hours ago·Ireland

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The Journal broke the news in Ireland 23 hours ago on Wednesday, April 2, 2025.

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