Tariffs Live Updates: Markets Lose $6.6 Trillion in Value Since ‘Liberation Day’

Some nations have already retaliated with new tariffs on U.S. goods. China, the U.S.’s third-largest trading partner, said it would impose a 34% tariff on U.S. goods starting Monday, and the European Union has planned retaliatory tariffs as well. Vietnam, however, has offered to lower its own tariffs on U.S. goods to zero, Trump said Friday, in an attempt to get a reduction in the 46% tariff he has planned for the rising manufacturing economy. It remains unclear, however, how the White House will respond to offers from foreign governments.

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