Trump announces 10% baseline tariff on all imports, higher 'reciprocal' tariffs against select countries
- On April 5, a minimum baseline tariff of 10% on all imports will take effect, as announced by President Donald Trump, with higher rates for regions like a 20% tax on goods from Ireland and the EU starting April 9.
- Ireland's pharmaceutical industry is currently exempt from the new tariffs, but the U.S. Administration may impose higher tariffs on this sector in the future.
- Irish Deputy Premier Simon Harris emphasized the need for dialogue to resolve trade issues, highlighting the importance of U.S.-Ireland relations in protecting jobs.
- Irish Prime Minister Micheal Martin highlighted the importance of protecting jobs and the economy amid concerns about U.S. Tariffs on imports from Ireland.
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850 Articles
Trump Tariffs: Will they hurt or help the American economy?
President Donald Trump announced that the United States would begin issuing “reciprocal tariffs,” imposing a base 10% tariff on international imports, with even higher tariffs to be issued on certain nations. The stock market did not react positively, and now, the hosts of the “Jake and Spike Show” on KIRO Newsradio are debating the strategy. “He (Trump) calls them reciprocal tariffs. But that’s not the case,” said Spike O’Neill. “He put out a l…
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