US to impose 34% tariff on China ...0

That's a sliver of good news in an otherwise negative announcement on tariffs as there was talk it would be 50%. Now what's not clear is whether this new tariff is on top of tariffs like fentanyl (25%) that are already in place. That will be a critical detail.

Another notable thing is that:

baseline 10% tariffs take effect April 5 higher reciprocal rates will take effect April 9 the higher rates apply to about 60 countries This article was written by Adam Button at www.forexlive.com.

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