Trump u-turns on most of his tariff plans

April 10, 2025 | 7:24 am

Donald Trump 2024

Donald Trump has U-turned on his decision to implement tariffs on most of America’s trading partners.

A 90 pause has been introduced, as has a flat 10 per cent tax rate on everyone except China who were the biggest losers from his announcement.

Chinese goods will now face a 125 per cent tax hike and the Irish pharma sector isn’t out of the woods just yet.

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