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Despite threats from President Trump, the overall average weighted tariff on Chinese goods remained about the same, and is now lower than countries like Brazil and Canada.
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The administration wants to ensure the US ‘gets paid' for the superpower services it provides to the world
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The Trump administration has ramped its tariff actions back up since the president's trade agenda suffered major legal setbacks earlier this year.
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U.S. trading partners have rejected the forced labor rationale behind Trump's new global tariffs, while most signaled plans to keep negotiating.
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