Trump slaps 10% baseline tariffs on all imports, will levy ‘discounted’ reciprocal tariffs for nations with higher dutiesApril 2, 2025 | 5:05pm

President Trump declared a national emergency Wednesday to impose his sweeping “Liberation Day” tariffs on all imports — with a new 10% baseline rate and harsher levies on dozens of other

countries including key allies including European Union members, Japan and Israel.

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