Overseas News

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A place for Australians and friends to share news from the other countries. Like all communities here, we discuss topics from the Australian perspective.

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Trump hits pause on reciprocal tariffs (www.abc.net.au)

submitted 5 days ago by [email protected] to c/[email protected]

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US President Donald Trump has announced a 90-day pause on "reciprocal" tariffs that had just been placed on imports from dozens of countries.

Those countries will now by subject to the 10 per cent baseline tariff, rather than the additional tariffs announced by the president last week.

In the same social media post, Mr Trump said he was again increasing the tariff on Chinese goods to 125 per cent.

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[–] [email protected] 5 points 5 days ago

This cunt.....