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US Tariffs: What’s the Impact? | J. P. Morgan Research From May 14, additional U S tariffs on Chinese imports will fall to 30% (from 145%), and China’s additional tariffs on U S goods will decrease to 10% (from 125%) Stocks rallied as a result, with the Dow, the S P 500 and the Nasdaq Composite notching their biggest single-day gains in over a month
In charts: winners and losers from Trump’s new tariffs Many of the highest tariff rates announced by Trump on Wednesday apply to Asian countries, with Cambodia facing tariffs of 49 per cent, Vietnam 46 per cent, Thailand 37 per cent, Taiwan 32 per
Trump tariffs aim to settle scores with countries, no matter . . . President Trump issued form letters to several nations, including the Philippines and Brazil, citing trade imbalances and, in Brazil's case, concerns over digital policies and alleged attacks on free speech
Tariffs—Everything you need to know but were afraid to ask In short, tariffs are a valid, and often useful, industrial policy tool that can provide narrow and targeted protection for key sectors Tariffs can also be used to shield U S workers from low-road practices (like labor abuses) among trading partners