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What to Know
- President Donald Trump’s sweeping tariffs went into effect at midnight, including an additional 50% on goods from China, the White House said.
- Trump said Tuesday that his administration will “very shortly” announce tariffs on pharmaceuticals.
- The average tariff faced by the dozens of nations Trump targeted is 29%, with many as high as 40%.
President Donald Trump’s sweeping tariffs went into effect at midnight, including an additional 50% on goods from China. Follow along for live updates.
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