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U.S. Tariff Rates Set Following Trump’s Executive Order
U.S. Trade Representative Jamieson Greer announced that tariff rates on imports from over 60 trading partners are set, following President Trump’s recent executive order imposing a blanket 10% tariff starting August 7. While some countries, like South Korea and the EU, secured deals, Canada faces a 35% tariff due to ongoing trade negotiations, reflecting the administration’s efforts to address trade imbalances.
