Everything just got more expensive: Trump’s tariffs explained

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Everything just got more expensive: Trump’s tariffs explained

C
CGTN Europe

56,196 Views • Apr 03, 2025

Description

The U.S. will implement a 10 percent base tariff on all imports starting April 5. From April 9, the government will introduce higher tariffs on goods from 60 countries, including China, India, Japan, South Korea, and the EU. These measures apply separately from existing industry-wide tariffs on cars, steel, and aluminum.