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China was a huge exception, with Trump saying tariffs are going up to 125% against its products. That raises the possibility of more swings ahead that could stun financial markets.
Imports tariffs on goods from China will surge to 125% “effective immediately," the president posted on social media.
The U.S. moved toward tariffs that protected U.S. workers, industry, and the environment, says one expert. Trump is undoing it all.
The measure, set to take effect April 11, applies to all undocumented immigrants ages 14 and older.