Key Takeaways Trump’s administration implemented reciprocal tariffs with rates varying by country, impacting trade with major partners. A new 40% transshipment tariff and suspension of duty-free de minimis imports are…
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Reciprocal
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Reciprocal tariffs will drive up the cost of most goods, making everyday life more expensive for American households. According to Fitch Ratings, the U.S. tariff rate on all imports has…