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Business News

President Donald Trump’s sweeping new set of tariffs took effect last Thursday after months of delays, AP reports . Exports from more than 60 countries faced a universal base rate of at least 10 percent, while certain nations and regions faced higher levies: 15 percent for the European Union, Japan and South Korea; 20 percent for Taiwan, Vietnam and Bangladesh; and 25 percent for India , to list a few. While China was excluded from that round of new duties, the pause on new tariffs—or

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