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Donald Trump’s Tariff War Has Just Begun

  • President Donald Trump announced an executive order imposing a 10 percent baseline tariff on many nations, with higher rates on specific countries, effective April 9.
  • Following the announcement, stock futures dropped significantly, with Dow futures losing 1,100 points in after-hours trading.
  • Officials from several countries, including Canada, announced countermeasures in response to the tariffs, with specific measures to be revealed later.
  • Trump claimed the tariffs are necessary to strengthen the U.S. Economy and stimulate domestic manufacturing, stating that it is a declaration of economic independence.
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Le Figaro broke the news in Paris, France on Wednesday, April 2, 2025.
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