10% Reciprocal Tariff For more than 75 countries
FinTech BizNews Service
Mumbai, April 10, 2025: President Donald J. Trump has levied 125% tariff on China. On the other hand, President Trump has extended a relief of 90-day pause & lowered 10% reciprocal tariff for other countries.
These 2 things are effective immediately.
Secretary Scott Bessent said: "The successful negotiating strategy that President Donald J. Trump implemented a week ago today, it has brought more than 75 countries forward to negotiate.... Every country in the world who wants to come and negotiate, we are willing to hear you."
A social media post on X by the 'White House' revealed that as the China has shown lack of respect to world's markets, President Donald J. Trump is imposing 125% tariff on China.
