Trump commits to baseline tariffs while China trade tensions simmer | ABC NEWS
The White House has committed to a 10 per cent baseline tariff for all countries following the United States’ first trade deal since ‘liberation day’ with the United Kingdom. Meanwhile, US President Donald Trump has proposed cutting astronomical tariffs on China from 145 to 80 per cent. It comes as American and Chinese trade delegations met in Switzerland after weeks of tit-for-tat trade wars.
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