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President Trump said Japan and South Korea would face tariffs of 25 percent unless they reached an agreement with the United States. Other countries received notice of higher levies.
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President Donald Trump, in social media posts, shared screenshots of signed form letters dictating new tariff rates to the leaders of 14 countries.
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It might help to think that if U.S. President Donald Trump hadn't introduced tariffs, his other policies could have also pushed inflation forecasts higher.
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President Trump, citing progress in U.S.-China trade talks, said he is looking at extending a deadline to raise tariffs and hoping to meet next month with Chinese leader Xi Jinping to complete a broad trade agreement.
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