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White House confirms additional 10% on China for a 20% total
China
CNBC is helping to clarify that the additional 10% tariff on China today will be on top of the prior 10% tariff that went into place at the start of February. That will bring the total to 20%.
When he announced it this morning, there was some confusion on whether that was the 10% already announced (and implemented).
CNBC also reports that there are some negotiations over the Mexican tariffs ongoing today.
Source: Forex Live
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