Donald Trump Tariff Deadline, Awaiting US Employment Data, Corporate News & Geopolitics
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• The tariff deadline arrived, and President Donald Trump took action, slapping new tariffs on imports from dozens of countries, including some with which he has no trade agreements. The rates were set at 35% for Canada, 25% for India, 20% for Taiwan and 19% for Thailand. Switzerland got a whopping 39% — one of the highest — raising the question: What does Trump have against the Swiss? For not buying enough American chocolate or watches?
Arguably, most of the tariffs are lower than those imposed on April 2, which sent markets plummeting. In addition, major trade...